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Senate to name indicted firms in N30tn leakage scam

The Senate has concluded plans to publish the names of companies found culpable in the first phase of its investigation into the alleged N30tn revenue scam in Nigeria’s import and export value chain.

The Chairman of the Senate Joint Committee on Customs, Excise and Tariff, and Marine Transport, Senator Hope Uzodinma, made this known to journalists in Abuja on Sunday.

Uzodinma said the committee had concluded the first phase of its investigation involving over 60 companies and would publish the names of firms found to be involved in various infractions leading to the loss of revenue by the Federal Government.

He added that the committee would release the names as it had established the culpability of the firms in the scam, stressing that apart from the names, details of recoverable revenue with each of the companies would be published.

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