House Of Reps Uncover N2billion Of Recovered Loot Paid To AGF, Malami

By -
TheCable had reported how Ahmed Idris, the Accountant-General of the Federation (AGF), was unable to provide records to account for €5 million recovered funds said to be missing when he appeared before the committee.

At its sitting on Tuesday, the House's ad hoc committee probing the status of recovered loot queried Malami on the funds which they said they never approved as a budgetary allocation.

The House of Representatives has said it has uncovered the illegal payment of N2 billion made by the Central Bank of Nigeria (CBN) to the Attorney General of the Federation and Minister of Justice, Abubakar Malami, for the prosecution of some terrorism suspects

But Malami denied making specific requests from the recovered loot, although he did not deny receiving the said N2 billion from the CBN.

“Where the money comes from is a function of the federal ministry of finance and I am not making specific requests out of the recovered assets,” he said.

The lawmakers then presented a letter from the Central Bank titled, ‘Request for approval to effect critical payments in respect of federal ministry of justice for the recovered (funds)’.


Adeogun said the letter shows “the AGF knows that this is coming from the recovered funds; which means that the attorney-general knows that he is making a request that is against the law.”

The AGF, however, insisted that the request did not originate from his office.


“There is nothing indicating a previous correspondence from the office of attorney-general nor is there anything in the opening paragraph making reference to a letter from the office of attorney-general,” he said.

The panel also raised the alarm over the discrepancies in the records of recovered assets presented by various government agencies.

Adeogun said, “The EFCC said they handed over this number of vessels to your office, the Navy gives a different number and you have a different number — the same items, different inventories, different figures.”

Malami responded that he is “not in a position to confirm the discrepancies with the number of assets” and asked the lawmakers to do the verification through their oversight roles.

TheCable had reported how Ahmed Idris, the Accountant-General of the Federation (AGF), was unable to provide records to account for €5 million recovered funds said to be missing when he appeared before the committee.

The developments are the latest in a series of controversies that have rocked the recovery of stolen funds and assets under the President Muhammadu Buhari administration.

Comments

Post a Comment

Popular posts from this blog

Mfon a student at Arthur javis University Calabar, Beaten mercilessly by her fellow students. #JUSTICEFORMFON, SAY NO TO #JUNGLEJUSTICE

By -
Image
  the capital city of Cross River State was thrown into a rude shock as Mfon Ekanem A 100 level Mass communication student at Arthur Javis University  was beaten by couple of students as they had already planned a coup from Mfon former friend who she nolonger wanna be friends with Cause she's just a friend for benefits from her (Mfon) the family Mfon is currently seeking justice for the mercilessly beaten giving to her with wounds all over her body. this is MFON'S ROOM TURNED APART THE PEOPLE INVOLVED IN THE INCIDENT..... The ugly incident happened at Arthur Javis University students hostel. The Question is, were was the security personnels in the students hostel? Why didn't the students report the incident instead of taking laws into their hands. #saynotoJunglejustice Below are the pictures and names of the girls who was involved in the coup with the claim that she stole a text book from one of their friend but la
Read more

Bishop Oyedepo addresses issue of Living Faith Rural Churches Low Income: www.instagram.com/@9jastreettv

By -
Image
*Bishop Oyedepo addresses issue of Living Faith Rural Churches Low Income:* NONSENSE ! OUR ONLY CRITERIA IS HOW MANY SOULS WON AND NOT HOW MUCH INCOME. WHEN WE EMPLOYED 7000 PASTORS AT ONCE SOCIAL MEDIA WAS DEAD. WE HAVE MORE EMPLOYEES THAN MOST STATES IN NIGERIA AND WE HAVE NEVER OWED THEM OR TAKEN BANK OVERDRAFT ONCE. THE PASTORS WERE ASKED TO GO BECAUSE THEY WERE UNFRUITFUL.  MANY OF THE CHURCHES BUILT CAN NEVER PAY FOR THE CHURCH BUILDING IN 30 YEARS. WE HAVE NO PATIENCE WITH FAILURE HERE. -Bishop David Oyedepo at CHoP *We have built more than 1,000 Churches in rural areas where in the next 30 years, they can never generate such fund, with each costing more than 14 Million Naira. *We are hunting after souls, not income. People are confused about our Ministry. I learnt some fellows said, “you know, they are not bringing income, that is why they asked them to go.”   We asked you to go because you are unfruitful.  Unfruitful! Blatant failure. Doing what there? We have no p
Read more

.*LIST OF SMALL BUSINESSES YOU CAN INVEST THIS YEAR THAT WILL YIELD A LOT OF PROFIT BEFORE THE END OF THE YEAR.*

By -
Image
*LIST OF SMALL BUSINESSES YOU CAN INVEST THIS YEAR THAT WILL YIELD A LOT OF PROFIT BEFORE THE END OF THE YEAR.* 1) Transportation Business 2) Delivery company 3) Mobile Food Vendor 4) Mini importation 5) Drop-shipping 6) Co-working spaces 7) Short-stay apartments 8) Yoga studio 9) Anti-aging spa 10) Skincare line 11) Solar energy sales and installation 12) Animation expert on Fiverr 13) Bakery Business 14) Wine Production and distribution 15) Make Money on YouTube 16) Interior Decor 17) Sales and installation of 3D wallpapers 18) Marriage counseling 19) Production and sales of detergents/perfumes 20) Consultancy Business 21) Makeup business 22) Shoe manufacturing 23) Fashion design 24) Car wash 25) Niche blogging 26) Custom clothing 27) Event MC 28) Professional photographer 29) Fitness instructor 30) Barbing salon 31) Cake business 32) Agriculture 33) Poultry farming 34) E-book Publishing 35) Social media influencing 36) Amazon Kindle Publishing 37)
Read more