“From January 1, 2018, to May 31, 2020, shipments worth Rs 5701.83 crore of OKWUIBOME crude oil were received from a Sterling Biotech group entity SEEPCO,” said the Congress spokesman.As per the company’s profile, SEEPCO is an Indian company, part of the Sandesara Group that ventured into Nigeria’s oil and gas market and is successfully producing crude oil in the Niger Delta.Saying that the PSUs like Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL), and Indian Oil Corporation Ltd. (IOCL) have been actively purchasing oil from SEEPCO, Gourav Vallabha alleged, “Even after the declaration of the Sandesaras (company’s promoters) as fugitive economic offenders in September 2020, there seems to be continuous purchase of OKWUIBOME crude oil by our oil PSUs”.Referring to a report published by The India Express, Gourav Vallabh said, “Recent Pandora Papers have revealed that the Sandesara brothers formed 6 offshore firms to increase oil trade to India”.“All of these companies were formed between November 2017 and April 2018 and none of them have been investigated by central agencies like the ED and CBI,” he said.
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