‘Missing’ $20bn: Jonathan orders probe of NNPC

Date:

Jonathan and Alison
  • Asks Sanusi to respond to FRC queries
  • As judge’s absence stalls axed CBN gov’s suit

By Sunday Ejike Benjamin & Ikechukwu Okaforadi

President Goodluck Jonathan has authorised the engagement of reputable international auditors to carry out a forensic audit of the accounts of the Nigerian National Petroleum Corporation (NNPC), with a view to finding out the whereabouts of the alleged missing $20 billion oil funds.

A statement issued yesterday by Special Adviser to the President on Media and Publicity, Reuben Abati, said Jonathan took the decision as a measure to reassure Nigerians of government’s commitment to accountability and transparency in the conduct of government affairs.

Jonathan, who dismissed claims by Sanusi that his threat to force commercial banks to open up their books in order to unravel the whereabouts of the alleged missing billions earned him suspension, said the suspension was to ensure transparency in the investigation of the suspension CBN boss.

READ MORE  COVID-19: Bua group donates 3 ambulances to Delta Govt

The president also challenged the suspended CBN governor to rather respond to the various charges of financial recklessness which the Financial Reporting Council of Nigeria (FRC) made against him than making unfounded allegations.

While refuting the allegation that government has buried the issue of missing funds, Jonathan said: “Malam Sanusi’s allegations are patently untrue. But government is making no effort to bury them as he falsely claims.

“Relevant committees of the National Assembly are still investigating the claims and the suspended CBN governor remains free to give evidence before them in support of his allegations”, he said.

Meanwhile, the president has accused Sanusi of inciting opposition parties and Nigerians against the federal government, warning him to desist from playing politics with serious national issues.

He said the insinuation by the suspended CBN governor that the alleged missing billions were diverted for 2015 campaigns was mischievous and irresponsible.

READ MORE  Court remands 50 year old farmer in Police custody for rape in Benue

Jonathan, who faulted the claims of the ex CBN boss as cheap blackmail against the federal government, said the allegation was made in furtherance of Sanusi’s selfish personal ambition.

While warning that such cheap blackmail was unbecoming of a person who still holds the office of the CBN Governor, Jonathan regretted that instead of addressing issues, Sanusi was busy misinforming unsuspecting Nigerians.

“He also continues to make the mischievous claim that the government is somehow involved in a scam to divert huge sums of money from the Federation Account through the misappropriation of kerosene subsidy funds”, the statement said.

In a related development, the absence of Justice Gabriel Kolawole of a Federal High Court, Abuja, yesterday stalled the hearing of the suit filed by the suspended CBN governor, Sanusi.

Justice Kolawole could not sit to hear the matter as he was said to be attending a conference.

READ MORE  Protesters storm Kaduna Assembly, seeks El‑Rufai’s probe over alleged financial mismanagement

The suspended apex bank chief had, in a suit filed against President Jonathan, the Attorney General of the Federation and the Inspector General of Police, requested for a court order reinstating him back as CBN governor.

The judge had two weeks ago refused an ex-parte motion filed by Sanusi on February 24, 2014, seeking an order of interlocutory injunction restraining the defendants from obstructing, disturbing, stopping or preventing him in any manner whatsoever, from performing the functions of the CBN governor and enjoying in full, the statutory powers and privileges attached to the office.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

VP Shettima Silences Critics With President Tinubu’s Mega North Dev’t Projects

*Outlines massive multibillion naira interventions by NEDC to address...

Minister Matawalle hails military medical university’s JAMB listing

The Minister of State for Defence, Bello Matawalle, has...

One injurd as building under construction collapses in Abuja

Panic gripped residents of the Federal Capital Territory...

Jonathan to Unveil Factory, Tricycle Products for Traders, Others on October 21

By Vivian Okejeme Former President Goodluck Jonathan will on October...