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Reps summon, AGF, NNPC over alleged missing N59.6b

The Citizen by The Citizen
April 2 2014
in Governance, Headlines, Uncategorized
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The House of Representatives Committee on Public Accounts yesterday summoned the Accountant General of the Federation (AGF), Mr. Jonah Otunla, to appear today to explain the alleged disappearance of about N59.6 billion Service Wide Vote in 2006.

Also to appear before the Solomon Adeola Olamilekan- led committee are the Executive Director of Finance, Nigerian National Petroleum Corporation (NNPC) and the Acting Governor of the Central Bank of Nigeria (CBN).

Adeola (Lagos: APC) directed that the AGF bring along, among others, all bank transactions between July and December 2006, a copy of the Federation Account, copies of statements of accounts through CBN for the period under review.

Yesterday, when the NNPC GM Accounts, Mr. Sambo Aliyu appeared before the committee, he tendered a letter written by the Budget Office  in response to NNPC’s request to know the whereabouts of the missing fund.

Aliyu disclosed that the budget office responded that the money was released to NNPC, adding that the money was not released in liquid cash to the best of his knowledge.

Piqued by the response, members of the committee resolved to summon all the heads of the aforementioned outfits to shed further light on the issue.

Mr. Dipo Fatokun who stood in for the CBN said that “we will need to get the mandates from the AGF.”

Mrs. Tayo Toluwase, a director in the budget office also said she did not have all the relevant details on the issue.

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