
Facts have emerged on how some Nigerian Government officials and senior Nigerian National Petroleum Corporations staff connived to sell 48 million barrels of Bonny Light crude oil stolen from the country during the first year of President Muhammadu Buhari’s first term in office in 2015.
The stolen crude was moved to China where it was stored in various ports and terminals including Sinochem tanks in Zhoushan bonded area and Vishal star tanks.
Potential buyers were from that point contacted for the stolen product by the Nigerian Government officials including a company that eventually blew the whistle on the monumental fraud.
Realising that the crude was stolen, SAMANO SA DE CV brought to the Nigerian Government’s attention the criminal activity involving the NNPC.