Senate Probes NNPC, Others Over N3.3trn Scam | Independent Newspapers Limited
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Senate Probes NNPC, Others Over N3.3trn Scam

Posted: Mar 16, 2016 at 1:00 am   /   by   /   comments (0)

The shocking 2014 audit report presented by the Auditor-General of the Federation, Samuel Ukura to the National Assembly on Monday attracted the attention of the Senate yesterday with a declaration that the N3.3 trillion scam  alleged in the report will be thoroughly probed.

Commenting on the report in an interview with journalists, the Chairman, Senate Committee on Media and Publicity, Senator Sabi Abdullahi (APC Niger North), said the queries raised against various government agencies, particularly the Nigerian National Petroleum Corporation (NNPC), on alleged mismanagement of national revenues, were too grave to be overlooked.

Consequently, according to him, the Public Accounts at both chamber, will soon swing into action over the report by investigating the accounts of agencies concerned, for the purposes of establishing facts inherent in the queries and recommending appropriate sanctions against agencies and public officers involved.

He said: “The Auditor-General is raising a query, it is not an indictment. So when he raises his queries, the essence of the Public Accounts Committee is to invite those parties involved in the query and through the instruments of their own work, investigate all the issues by seeking for clarification and at the end of the day, where they have infractions, or infringement on certain procedures, they met out appropriate sanctions as stipulated by extant rules and regulations”.

He added that the 8th Senate, being one, driven by transparency, accountability and probity, will not in any way sweep the report under the carpet as previous Senate and by extension, National Assembly were alleged to have done with similar reports.

“The eighth Senate has chosen to be different as we have stated severally since we came on board and for which we came up with our legislative agenda to make us different from the past because we are in the season and period of change and we want to seriously key into that.

“Along that line, you could see the courage that we have to make some differences from what obtained in the past and on this note, we have passed reports of some committees like the TSA, which is a classical example. Through that exercise, we were able to save the country N7 billion. There are similar works that have been done. We want to say that since we have chosen to be different, we urge Nigerians to wait and see what we will make out of the investigation”, he added.

He, however, said the past Senate or National Assembly should not just be accused of not treating such reports in the past, saying the problem might be that they didn’t do enough over such reports and not just treating them at all.