Saturday 6 December 2014

Audit Report On Missing $10.8bn Oil Money Will Be Ready In November -Okonjo-Iweala

Dr Ngozi Okonjo-Iweala, coordinating Minister for Economy and Finance has announced that the report of the audit into the unaccounted $10.8 billion oil money will be in ready in November.

According to NIGERIAN TRIBUNE, Okonjo-Iweala made the disclosure while speaking at the Financial Times Africa Summit 2014.

She said, "Initially, it was $48 billion, then $20 billion, but the figure we have always had is $10.8 billion. I am minister of finance, if money is missing, I want to use it for good things for the country and that was why when we went to the Senate, we demanded for forensic audit, the president supported it and asked for it to be done

"We engaged PwC with the Auditor General taking the lead. They initially asked for 16 weeks to complete the work, already, 11or12 weeks had gone so far and they will be done in a couple of weeks.

#Okonjo-Iweala #NigerianTribune

No comments:

Post a Comment