Tuesday, July 3, 2012

Nigeria: An illegal NNPC account with JP Morgan?


To what extent can one argue that the case of Nigeria is just one of the need for more transparency in the oil and gas sector? The Nigerian National Petroleum Corporation and the Central Bank of Nigeria on the spot: who takes responsibility for this account which is not supported by the nation's laws? How is it possible that the account was opened in the first place? 

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