About: http://data.cimple.eu/news-article/def61100972cbb19d091acad8b8eda2e3e49d677e4e5dec8d1f08f5e

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About: http://data.cimple.eu/news-article/def61100972cbb19d091acad8b8eda2e3e49d677e4e5dec8d1f08f5e Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	A Nigerian court has approved an arrest warrant against the head of ExxonMobil Nigeria for alleged fraud, local law enforcement said. The Economic and Financial Crimes Commission (EFFC), an agency that investigates financial crimes, said in a statement late on Wednesday that a court had approved an arrest warrant against Richard Laing, the chairman and managing director of ExxonMobil's Nigerian affiliates. "Justice Okon Abang on Friday January 29, 2021 granted the Commission's application for the warrant," the EFCC said, adding it had asked Laing three times to appear before investigators. "The Commission is investigating alleged procurement fraud in the Major Integrity Pipelines Project," the EFCC said. The project is an ExxonMobil Nigeria scheme to upgrade offshore and onshore facilities. The contract involves Mobile Producing Nigeria, a subsidiary of ExxonMobil, as well as Suffolk Petroleum Services Limited, Saipem Contracting Nigeria, Global Offshore Limited and Van Ord, the EFCC added. "At issue is the fraudulent creation of change orders worth over $213 million (177 million euros)," said the EFCC. Change orders are contractual amendments. A spokesman for ExxonMobil declined to comment. "As a matter of practice, we do not comment on legal matters," Oge Udeagha, spokesman at Mobil Producing Nigeria told AFP. "The investigation is into the company and he (Richard Laing) is the face of the company," EFCC spokesman Wilson Uwujaren told AFP by phone when asked if Laing was personally being investigated. Laing was named boss of ExxonMobil Nigeria in August 2020, the company announced at the time. Nigeria's petroleum industry accounts for about 90 percent of foreign-exchange earnings and half of government revenue. lhd/ri
schema:headline	Nigeria issues arrest warrant against ExxonMobil boss
schema:mentions	Economic and Financial Crimes Commission ExxonMobil Suffolk Arrest warrant Petroleum Court Nigerians Nigeria Mobil Producing Nigeria Ord River Saipem Australian Federal Police
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-04 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	81 (xsd:integer)

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