February 11, 2015 – The Nigerian National Petroleum Corporation (NNPC) has said the forensic audit carried out by PriceWaterHouse Coopers cleared it of any missing fund.
Group Managing Director of the corporation, Mr. Joseph Dawha who was speaking at a press conference in Abuja said the $1.48 billion was not part of the original fund declared missing by former governor of Central Bank of Nigeria(CBN), Mr. Sanusi Lamido Sanusi.
Sanusi initially said the total sum of $49.8 billion was missing but after reconciliation with the Ministry of Finance and the Ministry of Petroleum Resources, Sanusi settled for $12 billion but later said the missing money was $20 billion.
But Dawha said the $1.48 billion was balance of divested asset assessed by the Department of Petroleum Resources, DPR adding that the amount does not represent an indictment.
“Let me emphasized that there is no money missing”, he said.
