Okonjo-Iweala made the call at the Senate Committee on
Finance hearing on the alleged missing 20 billion dollars.
The News Agency of Nigeria (NAN) reports that Minister of
Petroleum, Mrs Deizani Alison-Madueke, was also at the hearing.
Also at the hearing were NNPC Group Managing Director, Mr
Andrew Yakubu, and CBN Governor, Mallam Lamido Sanusi.
“Let us now focus on the original 10. 8 billion dollars
which was the shortfall we had as at July 2013.
“Another reconciliation meeting was held at which NNPC
presented data of how they utilised the balance of 10. 8 billion.
“This includes amount withheld for subsidy 8. 76 billion
dollars, holding cost of strategic reserve 0. 4599 billion and pipeline crude
oil and product losses of 0. 761 billion.
There was also pipeline management at the cost of 0. 905
billion dollars,” she said.
According to her, the data presented are all certified by
Petroleum Products Pricing Regulatory Agency (PPPRA).
She said the reconciliation committees called for backup
documents to enable it verify the certified papers.
“Our judgment is that a proper examination of these
documents requires technical expertise beyond the capacity of the
reconciliation team.
“Therefore, we believe we should have an independent
forensic audit to manage these submissions,” she said
She said that the 20 billion dollars alleged by the CBN as
missing featured in the original reconciliation effort in the cascade presented
by NNPC.
She said that the committee agreed that the issues
surrounding the alleged fund was legal and required careful legal
interpretation.
Earlier, the chairman of the committee, Ahmed Makarafi, had
charged reconciliation group to carry out the forensic audit and get back to
the committee in one month.
He said that the committee would reconvene on Feb. 20 to
enable the Attorney General of Federation to give a legal advice on the issue.
(NAN)
No comments:
Post a Comment