Reps Gives FG One Week Ultimatum to Present Forensic Audit Report on Missing $20b

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house of reps

The House of Representatives Committee on Public Accounts has given the Coordinating Minister of the Economy, Dr Ngozi Okonjo Iweala, and the Auditor General of the Federation, Mr Samuel Tokura, a one week ultimatum to forward the report of forensic audit on the alleged missing $20bn oil funds by the Price Waterhouse Coopers (PWC ) to the house or risk sanctions, Channels reported.

Chairman of the Committee, Solomon Adeola said this in the National Assembly, while speaking with journalists.

The lawmaker said despite several demands made to the executive and a resolution of the House passed demanding the full report of the forensic audit, the report has not been given to the legislature.

The House of Representatives had earlier asked the Presidency to tender the full report of the forensic audit conducted by PriceWaterhouseCoopers (PWC) on the alleged missing $20bn NNPC fund.

A motion raised by Femi Gbajabiamila said that more than eight months after the Federal Government engaged the international audit firm, and over two weeks after formal presentation of the forensic report, the Federal Government is yet to present the full details.

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