March 2, 2020 / 8:02 AM / a month ago

Nigerian oil firm Lekoil says audit shows it had no complicity in loan fraud

LAGOS, March 2 (Reuters) - Nigerian oil firm Lekoil said on Monday that an audit into the $184 million loan scam uncovered “no evidence of complicity” from any of its company directors or employees.

The firm had said in January that an announced $184 million loan with the Qatar Investment Authority (QIA) was fraudulent and seemed to have been the result of a “complex facade” constructed by individuals pretending to represent the QIA.

In Monday’s statement, Lekoil described the fraud as “elaborate and sophisticated”.

Reporting by Libby George; Editing by Edmund Blair

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below