On Tuesday, the joint Committee of the National Assembly investigating the alleged petroleum products scandal granted Access Bank’s plea to have their testimony behind closed doors. The Committee claimed that the issue is sensitive and involves customers.
Access Bank is one of the banks where the companies in question conducted transactions. The Financial Intelligence Unit (FIU) investigation revealed that the transactions were carried out without due process.
FIU alleges that certain individuals received a “kickback” of six hundred thousand Dalasis (D600,000) monthly, reportedly withdrawn from their Access Bank account by one Aurimas Steblys.
The Joint Committee of Finance and Public Accounts (FPAC) and Public Enterprise Committee (PEC) of the National Assembly are investigating the illegal sale of 36,953.614 metric tons of petroleum products valued at $30,000,000.00.
The Scandal involves Apogee FZC, Creed Energy Limited, and Ultimate Beige Logistics, which were accused of bribery and tax evasion in the sale of petroleum products anchored in a vessel in The Gambia
