Alleged Missing $20 Billion: Okonjo-Iweala Insists On The Whole Truth
The Minister of Finance and Coordinating Minister for the Economy Dr.
Ngozi Okonjo-Iweala has demanded to know the whole truth about the alleged
missing $20b which the suspended Central Bank Governor, Mallam Sanusi
Lamido Sanusi said is missing from the federation account.
Ngozi Okonjo-Iweala has demanded to know the whole truth about the alleged
missing $20b which the suspended Central Bank Governor, Mallam Sanusi
Lamido Sanusi said is missing from the federation account.
A statement Tuesday from the finance ministry to the BBC, said the
minister, “ asked for urgent action with regard to an independent forensic
audit of conflicting claims of unaccounted funds made by the Nigerian
National Petroleum Corporation (NNPC) and suspended Governor of the
Central Bank of Nigeria (CBN), Mallam Sanusi Lamdio Sanusi.”
minister, “ asked for urgent action with regard to an independent forensic
audit of conflicting claims of unaccounted funds made by the Nigerian
National Petroleum Corporation (NNPC) and suspended Governor of the
Central Bank of Nigeria (CBN), Mallam Sanusi Lamdio Sanusi.”
According to the BBC, the direct statement from Dr Okonjo Iweala, said,
“My position on this has been clear from the start. The Ministry of
Finance’s reconciliation showed a shortfall of $10.8bn in NNPC remittances
to the Federation account. After this, the conflicting claims continued
with new figures such as $20bn being mentioned. So since 13th February I
have called for an independent forensic audit. President Goodluck Jonathan
indeed announced last night that there will be an investigation into
whether there are any funds missing from NNPC. He also indicated that the
correct process needs to be followed in this investigation and I
understand that the entity that has the proper authority to initiate such
an investigation is the Auditor General of the federation.
“My position on this has been clear from the start. The Ministry of
Finance’s reconciliation showed a shortfall of $10.8bn in NNPC remittances
to the Federation account. After this, the conflicting claims continued
with new figures such as $20bn being mentioned. So since 13th February I
have called for an independent forensic audit. President Goodluck Jonathan
indeed announced last night that there will be an investigation into
whether there are any funds missing from NNPC. He also indicated that the
correct process needs to be followed in this investigation and I
understand that the entity that has the proper authority to initiate such
an investigation is the Auditor General of the federation.
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