'Publish Details Of $6bn ECA Remitted Into Federation Account', Oshiomhole Challenges Okonjo-Iweala
Following Dr Okonjo-Iweala’s denial that she did not spend N2.1bn Excess Crude Account without approval, Governor of Edo State, Adams Oshiomhole who's a member of the Probe Panel investigating the allegedly missing funds has thrown fresh challenge to her to publish letter of authority as to how six billion dollars of excess crude taxes from the Nigeria Liquified Natural Gas and other funds were transferred to the consolidated Federal funds.
Oshiomhole who revealed that all the information released to the public by the National Economic Council was obtained from the Accountant-General’s office, added that his committee is inviting the former minister to tell Nigerians how excess crude funds and other allocations were disbursed in the last four years.
Oshiomhole's Words…………………
“She should publish the letter or instrument of authority as to how the excess crude fund and fund from other sources such as NIMASA and about $6bn paid as taxes from NLNG as well as the remittance for four years were paid but not transferred to the consolidated federal funds.
“The funds belong to the three tiers of government and she should produce monthly statements of accruals and the distributions. Authorization of funds are not verbal matters, there must be approvals and that is what we are asking for.
“My committee will invite her and allow her ample opportunity to reply to each of the charges against her office and NNPC as coordinating minister. She will also be required to justify billions of naira and dollars she granted as waivers, that should have flowed into the federation’s consolidated revenue fund.
“There is no hiding place now. Everyone must now answer his/her father’s name. Bold face will not suffice. She will be invited to exercise her right to fair hearing” .
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