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Nigerian parliament seeks forensic audit on state-run oil firm account

Xinhua, February 26, 2015 Adjust font size:

The Nigerian House of Representatives on Wednesday issued a seven-day ultimatum to the government to submit the forensic audit on the 20 billion U.S. dollars allegedly missing from Nigerian National Petroleum Corporation (NNPC).

Solomon Adeola, chairman of the Committee on Public Accounts, gave the ultimatum at a news conference in Abuja, the nation's capital.

He said the report must be accompanied with the original draft.

"It is also to include the executive summary as well as management/internal control letters and submitted to the National Assembly no later than one week from today," he said.

He expressed concern over the delay in submitting the report before both chambers of the National Assembly.

Adeola maintained that by virtue of the Constitution, the Auditor General ought not to be directed by the President to deal with the report in a particular manner.

He alleged that a condensed version of the report released to the press on the directive of the Auditor General only highlighted that NNPC must remit 1.48 billion dollars into the federation account.

Adeola said the forensic audit was commissioned and auditors appointed by the Minister of Finance. Endite