Managing Director of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede
By Ejiofor Alike
Ice Energy Petroleum Trading Company Limited has denied any link with the Managing Director of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, saying he is not a member of the board of the company.
In a separate statement, the Presidential Committee on the verification and reconciliation of fuel subsidy payments has also stated that its chairman is neither a board member nor owner of any company registered by the Petroleum Products Pricing Regulatory Agency (PPPRA).
The Access Bank boss is the chairman of the committee set up by President Goodluck Jonathan to verify and reconcile the findings of a technical committee also headed by Aig-Imoukhuede that verified the arrears of 2011 fuel subsidy.
A media report had faulted his appointment, alleging that one of the beneficiaries of subsidy, Ice Energy has one Aigbovbioise Aig-Imoukhuede, who has links with the Access Bank boss, as a member of its board.
But Ice Energy, in a statement by its Managing Director and Chief Executive Officer, Mr. Chuks Iroche, said the Access Bank boss has no relationship whatsoever with his company, either as a director or shareholder directly or indirectly.
He noted that the Aig-Imoukhuede on the board of Ice Energy is a younger relative of the Access Bank boss.
On its part, the presidential committee advised well-meaning Nigerians to ignore what it called feeble attempt to “subvert government’s effort at instilling transparency and accountability in public procurement, and to prevent the committee from fulfilling its mandate to identify fraudulent cases for possible criminal prosecution.”
“As former a banker, he is aware that Nigerian banking regulations do not allow a managing director to be on the board of any company other than companies owned by the bank.”
On its part, the presidential committee advised well-meaning Nigerians to ignore what it called feeble attempt to “subvert government’s effort at instilling transparency and accountability in public procurement, and to prevent the committee from fulfilling its mandate to identify fraudulent cases for possible criminal prosecution.”