Nigeria Issues Arrest Warrant Against ExxonMobil Boss
Faizan Hashmi 24 days ago Thu 04th February 2021 | 11:03 PM
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.
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.