Abuja — The Presidential Committee on Verification and Reconciliation of Fuel Subsidy Payments has indicted 50 oil marketing and trading companies (OM&T) whose transactions were categorised as not legitimate.
In its report on PMS Shore Tank Discharges and Sales Proceeds for 2011, which was submitted last Friday to President Goodluck Jonathan and obtained exclusively by THISDAY, the committee categorised the transactions examined into those it considered legitimate and those, which required investigation and recovery by the law enforcement agencies.
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