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Submitted by Mapi on
Reuters is reporting that Nigeria's lower house of parliament approved a report on Wednesday, April 25, 2011 recommending senior officials be prosecuted for their part in the corrupt fuel subsidy scheme that lawmakers said cost the country $6.8 billion over three years. The parliamentary investigation covering 2009 to 2011 found that petrol marketers, including state-owned NNPC, were taking subsidy payments for fuel that did not exist or was sold abroad - siphoning billions of dollars meant to ease the pain of high fuel prices into the pockets of corrupt officials and businessmen. You can see the full news report here: http://www.reuters.com/article/2012/04/25/nigeria-subsidy-probe-idUSL6E8FPE9I20120425