Missing $20bn: Jonathan orders NNPC audit.

Missing $20bn: Jonathan orders NNPC audit.

President Goodluck Jonathan has authorized a forensic audit of the Nigeria National Petroleum Corporation (NNPC).

This information in contained in a statement issued on Wednesday by the president's spokesperson, Reuben Abati.

The companies' names were not disclosed in the statement.

The decision has followed the calls by the Finance Minister Ngozi Okonjo-Iweala and a Senate committee investigating the graft allegations to conduct a forensic audit of NNPC after the Central Bank ex-governor Sanusi Lamido Sanusi presented evidence that he said showed the company failed to remit $20bn of oil revenue to federal government coffers.

NNPC has repeatedly denied Sanusi's allegations, but has not responded until now to calls for an independent audit.

Sanusi, who was suspended by Jonathan on February 20 over allegations of misconduct, has rejected the claims against him, insisting he was removed for highlighting alleged widespread corruption in the oil and gas sector.

Former governor has asked a Federal High Court in Abuja to restrain the president, the Attorney General and the Inspector General of police from giving effect to his purported suspension from office.

Source: Legit.ng

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Khadijah Thabit (Copyeditor) Khadijah Thabit is an editor with over 3 years of experience editing and managing contents such as articles, blogs, newsletters and social leads. She has a BA in English and Literary Studies from the University of Ibadan, Nigeria. Khadijah joined Legit.ng in September 2020 as a copyeditor and proofreader for the Human Interest, Current Affairs, Business, Sports and PR desks. As a grammar police, she develops her skills by reading novels and dictionaries. Email: khadeeejathabit@gmail.com

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