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CHEVRON IN $10.8 BILLION TAX FRAUD IN NIGERIA

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Oreilly, Chairman/CEO of the Chevron Corporation CHEVRON NIGERIA LTD has been indicted in an $10.8 billion tax fraud in Nigeria and the scandal is threatening to rock the boat of the whole multinational oil and gas companies in Nigeria. The letter published below was sent to NIGERIAN TIMES by the consultants investigating Chevron Nigeria Ltd. 9th July, 2005 The Executive Chairman Economic and Financial Crimes Commission (EFCC) Abuja. Dear Mr. Nuhu Ribadu, RE: $10.8 BILLION TAX EVASION, FRAUD AND CORRUPTION IN THE CHEVRON NIG LTD AND ITS ASSOCIATED COMPANIES. Please refer to your orchestrated appearance and representation on the Nigerian Television Authority (NTA) programme ‘POINT BLANK’ as relayed on Thursday 28th July and Friday 29th July 2005. We honestly sympathize with you for the messy and disappointing situation you may have found yourself. “To be fore warned is to be for armed”, is a common saying, but only the smart makes good use of it. If you had taken seriously our letter o...