Connect with us


“UNOC Denounces Fraudulent Claims Linking It To Peace Oil and Gas Company Limited”

Avatar photo



CEO cropped scaled 1

By Hason Mutunzi Bwambale 

Kampala, Uganda The Uganda National Oil Company (UNOC) has issued a statement clarifying that it has no association with Peace Oil and Gas Company Limited, following recent fraudulent claims circulating in the media. UNOC is urging the public to exercise caution and remain vigilant against misleading information suggesting any connection between the two entities.

As a state-owned company responsible for managing Uganda’s oil and gas resources, UNOC is committed to transparency and maintaining the trust of the public. The company has emphasized that it holds the interests and confidence of its stakeholders as its utmost priority.

UNOC asserts that it has no involvement in any fraudulent activities and is fully dedicated to conducting its operations with integrity. The company is urging individuals and organizations to exercise due diligence and scrutinize any financial transactions or business dealings purportedly involving UNOC or Peace Oil and Gas Company Limited.

In response to the fraudulent claims, UNOC has taken swift action to address the situation. The company is collaborating closely with relevant authorities to investigate the origins of the misleading information and identify those responsible for disseminating false allegations.

The management of UNOC has expressed their commitment to providing accurate and transparent information to the public, ensuring that their reputation remains unblemished. The company remains steadfast in its pledge to foster legitimate and transparent partnerships for the future of Uganda’s energy sector.

In light of recent events, UNOC is advising industry stakeholders and the public to rely solely on official communications from the company and exercise caution when encountering any suspicious claims or offers. UNOC is determined to safeguard the interests of its stakeholders and uphold the highest standards of business ethics.

UNOC is resolute in its core mission of responsibly managing Uganda’s oil and gas resources for the benefit of the nation. The company continues to work diligently towards the development and growth of the energy sector through legitimate and transparent means.

For accurate and up-to-date information regarding UNOC, individuals and organizations are encouraged to refer to official company communications and announcements. UNOC is actively engaged in addressing the fraudulent claims and will provide updates as the investigation progresses.

The public is urged to report any suspicious activities or information related to UNOC, or Peace Oil and Gas Company Limited, to the relevant authorities to facilitate a swift resolution of the matter. By working together, stakeholders can help preserve the integrity of Uganda’s energy industry and nurture an environment of trust and transparency.

Continue Reading

Copyright © 2023 The New Light Paper, Uganda. A Subsidiary of KOOM Media Group Ltd.

Discover more from The New Light Paper

Subscribe now to keep reading and get access to the full archive.

Continue reading