Alleged Oil Cabal Leader, Esther Nnamdi-Ogbue Arrested by EFCC Over Fuel Scarcity

Esther Ogbue-Nnamdi and Ibe Kachikwu

The Economics and Financial Crimes Commission (EFCC) have swooped on the former managing director of the Petroleum Products Pricing and Marketing Company (PPMC), a subsidiary of the NNPC.
According to an exclusive report on News Rescue, offials of Nigeria's anti-graft agency, the Economics and Financial Crimes Commission (EFCC) has arrested, Mrs Esther Ogbue-Nnamdi, the alleged cabal leader behind Minister of Petroleum, Ibe Kachikwu’s problems at NNPC because of the ongoing fuel scarcity scam.

Mrs Ogbue Nnamdi was until the recent reforms in the oil industry, the Managing Director of the Petroleum Products Pricing and Marketing Company (PPMC), a subsidiary of the NNPC where it was alleged that she enriched herself and amassed stupendous wealth from sales of IPOs to desperate oil cabal, collection of kick backs through proxies and other underhand dealings to have seen to the ongoing fuel scarcity being experienced by Nigerians.

A close source who was privy to the ongoing drilling of Mrs Nnamdi by the EFCC, said the commission has been trailing her over the acquisition of choice properties in the nation’s capital particularly a house at Maitama valued at N1.2 billion built and furnished within 2 months after her resumption of office.

It was learnt that the EFCC Chairman, Magun was said to have collapsed after seeing the property located at off no 4, Amazon Street Maitama that he had exclaimed that Diezani must be a student in this Professor’s school.

According to reports, Nnamdi and other top oil cabal are desperately fighting hard to stop every reform at the NNPC especially this rare kind that exposes such a monumental fraud without any waste of time.

Every attempt to reach the former PPMC boss for a reaction had failed as the detectives handling her case have switched off her phone, while a source confirmed that senior members of the cabal are making sure that she returns to her cozy apartment in Maitama after bail.