Wednesday, 26 February 2014
Dr Okonjo-Iweala Admit That the NNPC Missing Money is $10.8b
And here is a direct statement from Dr Okonjo-Iweala, the finance minister:
"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.
"I therefore want to see the truth from an investigation under the auspices of the Auditor-General, which in my view should be undertaken as a matter of extreme urgency by independent external auditor."