Vunderkind
Social Member
ABUJA—THE Senate Committee on Finance investigating the alleged failure of the Nigerian National Petroleum Corporation to remit $20 billion into the Federation Account said yesterday that the forensic report of consultants the committee hired to look into the account of the NNPC on the missing fund would be ready next week.
He however clarified that the forensic audit was carried out on the $2.1 billion which was the third party financing as the senate does not have the required financial resources to hire a forensic expert that would conduct audit of the entire account of the corporation.
Speaking at the investigative hearing on the alleged unremitted fund, Chairman of the Senate Committee Finance, Senator Ahmed Makarfi has also given the Petroleum Product Pricing Regulatory Agency, PPPRA, two weeks to submit details on certification of subsidy for Kerosene and fuel from July 2013 to December 2013
Source: Vanguard
Click here to read more
He however clarified that the forensic audit was carried out on the $2.1 billion which was the third party financing as the senate does not have the required financial resources to hire a forensic expert that would conduct audit of the entire account of the corporation.
Speaking at the investigative hearing on the alleged unremitted fund, Chairman of the Senate Committee Finance, Senator Ahmed Makarfi has also given the Petroleum Product Pricing Regulatory Agency, PPPRA, two weeks to submit details on certification of subsidy for Kerosene and fuel from July 2013 to December 2013
Source: Vanguard
Click here to read more
