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How Nigeria loses billions in oil revenue to “briefcase traders” — Ribadu panel

Minister Of Petroleum Resources, Deziani Alison-Madueke

DOWNLOAD: Full Report of PWC Forensic Audit on Missing $20billion Oil Money

byPremium Times
April 27, 2015
1 min read

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President Goodluck Jonathan has ordered the immediate release of the full audit report of the Nigerian National Petroleum Corporation, NNPC, accused of diverting $20 billion oil money.

The president gave the directive Monday, a day after the president-elect Muhammadu Buhari, pledged to launch an investigation into the claim made by a former governor of the Central Bank of Nigeria, Lamido Sanusi.

The government immediately released the report following the president’s directive. The presidency criticised the All Progressives Congress, APC, for accusing Mr. Jonathan of indulging in last minute illegal acts ahead of handover of power on May 29.

“President Jonathan is also deeply concerned by the continuing suggestions that his administration still has anything to hide about the unproven allegation that about $20 Billion is unaccounted for by the NNPC during his tenure,” said a statement by presidential spokesperson, Reuben Abati.

“To lay the matter to rest, President Jonathan in line with Section 7(2) of the NNPC Act, has directed that the full report of the PWC Forensic Audit of the NNPC accounts be released immediately to the public so that all Nigerians will be properly informed on the matter.”

Download Full Report here.

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