Friday , 19 July 2024
Home News Oil Giant, Total, Enmeshed in Bribery, Corruption Scandal as EFCC Wades in
NewsTrending News

Oil Giant, Total, Enmeshed in Bribery, Corruption Scandal as EFCC Wades in

In Total Nigeria Upstream, the unions have opposed the changes with some members of the Petroleum and Natural Gas Workers Senior Staff Association (PENGASAN) alleging that Nigerians are being targeted for retrenchment.

They are also alleging that the sudden retirement of Patrick Olinma, the executive director in charge of its commercial activities, was suspicious.

 

Total Nigeria enmeshed in bribery, corruption scandal as EFCC wields in
Total Nigeria CEO, Mike Sangster

Olinma was quietly eased out amidst his probe by the Economic and Financial Crimes Commission (EFCC).

 

Not only was he retired, but he was also replaced on the board of the Nigeria LNG Ltd.

 

The anti-graft agency also wrote to the MD/CEO of Total Nigeria requesting some sensitive information on Olinma.

See also  Five Reasons Why E-commerce is a Boost to Informal Retail 

 

Meanwhile, the unions are also alleging that Mike Sangster, the CEO and his management “have set sight to execute heinous anti-staff and anti-Nigerian policies with gusto using deceit, defiance, subterfuge and plain dishonesty in all engagements with the branch leadership”.

“What is more symbolic with the roll-out of the new organisation at Total is the turn of events symbolising a big lesson from one of the laws of nature,” a senior member of one of the unions told reporters.

 

“Mike Sangster had given full powers to one of its fast-rising executive directors, Mr Patrick Olinma, to design the structure and he went ahead to package a juicy position/portfolio for himself that combined important roles previously held by two directors and even more into one so that he (Olinma) would become the super director. However, he was caught up just before roll-out when he was investigated by the EFCC agencies and an internal audit for alleged professional misconduct and corrupt enrichment.”

See also  “Gbajabiamila May Lose Speakership Race Due to Tinubu’s Backing” -Comrade Olufemi Aduwo

 

Oil giant, Total, enmeshed in bribery, corruption scandal as EFCC wades in

Among the allegations being investigated is that he deceived the sister company, Total Plc, listed on the Nigerian stock exchange, by using his pseudo company to purchase a luxury apartment previously owned by Total Plc in Ikoyi without Total knowing that he was involved.

 

He is also being investigated over allegations of collecting bribes and kickbacks.

 

In what seems to be a preparation for a showdown, the employee unions continue to exert pressure on Total Nigeria’s management on the organisational restructuring, insisting it is a ploy to “execute the 50 per cent staff reduction in Nigeria”.

 

Charles Ebereonwu, communication manager, Total Country Services, described the issues as mere allegations without further comment

 

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Otunba Ajiboye
Life & StyleSocietyTrending News

Otunba Ajiboye Emerges Hero Of National Cultural Orientation

Executive Secretary of the National Institute of Cultural Orientation (NICO), Otunba Abiodun...

Adetola EmmanuelKing, Bamidele Abiodun,
Life & StyleSocietyTrending News

Aare Adetola EmmanuelKing Congratulates Ogun State First Lady, Mrs. Bamidele Abiodun, on Her 57th Birthday

The chairman/CEO Adron Group, Aare Adetola EmmanuelKing, has extended warm felicitations to...

MFM
NewsTrending News

Revealed! How Ex-MFM Pastor Femi JIMOH and his Gangs Got Arrested While Planning To Rob The Church

The Mountain of Fire and Miracles Ministries International (MFM) has denied being...

HP
BusinessTrending News

HP Takes AI Leadership to the Next Level

Breakthrough AI PC performance and only trust-integrated AI model development platform make...