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Wednesday 1 July 2015

Misappropriation Of NNPC Funds: Oshiomhole Fires Back At Okonjo-Iweala

Governor Adams Oshiomhole of Edo state
has fired back at immediate past minister
of finance, Dr Mrs Ngozi Okonjo-Iweala,
over claims that she did not spend N2.1
billion from the Excess Crude Account
(ECA) without authorization.
The governor who hit back at Okonjo-Iweala
during a live television programme monitored in
Lagos, noted that the former minister was fond
of playing around with statistics and verbal
reports instead of the actual facts.
N2.1bn: Oshiomhole Fires Back At Okonjo-Iweala
READ ALSO: How The National Economic
Committee Will Recover Stolen Funds
He said: “I think with all due respect to former
minister Okonjo Iweala, she knows how to play
around, I don’t want to lie with statistics.
“I have made this point that she keeps opening
only parts of the pages and not the entire book.
The logic of transparency is that the honorable
minister must publish in full what is accruing to
the federation account month to month and what
is distributed to who.
“What she has never published simultaneously is
what was accrued over a certain period. Okonjo
Iweala was a member of the National Economic
Council and we have told her not to give us
verbal reports alone, but a documented report.
She made oral pronouncements which were
captured in the minutes but the real documents
revealed otherwise.”
READ ALSO: BREAKING SCAM: Okonjo-Iweala
Spent $2.1bn
The governor had Monday evening, revealed that
under the watchful eyes of the former minister,
about N8.1trillion was generated by the Nigerian
National Petroleum Corporation (NNPC) and just
N4.3trillion was remitted while the balance was
unaccounted for
.
N2.1bn: Oshiomhole Fires Back At Okonjo-Iweala
Document revealing what each of the 36 states
got from the Excess Crude Account in four years
Mrs Okonjo-Iweala subsequently fired back,
stating that the number one citizen of Edo state
was very wrong with his allegation
s and even published the sharing formula of the
ECA over a period of four years on her Facebook
page.

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