FG orders forensic auditing of $20bn missing oil fund!
Abuja – The Federal Government on Thursday said it had directed the Auditor-General of the Federation and Price WaterHouse to undertake forensic auditing of the alleged missing 20 billion dollars oil money. The Minister of Finance, Dr Ngozi Okonjo-Iweala, announced this when at a panelist discussion on the topic: “Africa Rising’’ at the ongoing 24th World Economic Forum on Africa, in Abuja. The Forum with theme: “Forging inclusive growth, creating jobs’’ is being attended by over 1,500 delegates from over 70 countries. The suspended Central Bank Governor, Malam Sanusi Lamido Sanusi, had alleged that the Nigerian National Petroleum Corporation (NNPC) had failed to remit 20 billion dollars to government coffer. Okonjo-Iweala said the exercise which started last week, would be carried out within a period of 16 weeks. According to her, the auditors are to assist in unraveling mysteries surrounding the unaccounted 20 billion dollars. “The issue of holding government to ac...