“Missing” $20 Billion: FG Given 7-day Ultimatum to Submit Forensic Report on NNPC Account

The Federal Government has been given seven-day ultimatum to submit the forensic report on the alleged missing $20 billion from Nigerian National Petroleum Corporation (NNPC).

Chairman of the House of Representatives Committee on Public Accounts, Solomon Adeola (APC-Lagos), gave the ultimatum at a news conference in Abuja on Wednesday.

He said the report must be accompanied with the original draft report.

“It is also to include the executive summary as well as management/internal control letters and submitted to the National Assembly not later than one week from today,” he said.

He expressed concern over the delay in laying the report before both chambers of the National Assembly.

Adeola maintained that by virtue of Section 85 (6) of the Constitution, the Auditor General ought not to be directed by the President to deal with the report in a particular manner.

He said that for credibility and reliance, the office of the AGF ought to receive and own the report in line with extant laws.

He alleged that a condensed version of the report released to the press on the directive of the Auditor General only highlighted that NNPC must remit $1.48 billion into the federation account.

“Several weeks have passed, several demands have been made by the committee and a resolution of the House has been passed demanding for the full report but we have not been given the full report.

Adeola said that the forensic audit was commissioned and appointment of auditors made by the Minister of Finance.