The police have begun investigations into the depletion of a $3.7bn account of the Brass/Liquefied Natural Gas Company.
The Brass/Liquefied Natural Gas Account Number 2011104669, which is domiciled in the First Bank of Nigeria, has been depleted to $469.4m.
It was learnt that the police had frozen the balance through a court order while investigations continued into why the money was not remitted to the Treasury Single Account in the Central Bank of Nigeria.
Brass gas project: Police probe withdrawal of $3.2bn cash
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