Thursday, 14 May 2015

PwC audit report confirms $18.5bn was diverted from NNPC account, says Sanusi

The former governor of Central Bank of Nigeria and the current Emir of Kano, Sanusi Lamido Sanusi, has said that the audit report on the accounts of the Nigerian National Petroleum Corporation, NNPC, has confirmed that about $18.5 billion was to the Federal Government by the corporation.

In an article published by the Financial Times on May 13, Sanusi said the audit report indicated that he did not lie when he blew the whistle on the missing billions.

Sanusi was removed from his position as the CBN governor on February 20, 2014 after he insisted that about $20 billion was not remitted to the Federation Account by NNPC in spite of Federal Government’s denial of the misappropriation.

Read more here...

No comments:

Journalists Against Poverty Call for collaboration of regional government in the eradication of Female Genital Mutilation

Regional Coordinator of Journalist Against Poverty, Wale Elekolusi has called for the collaboration of regional government in stamping out ...