Forensic Audit Report: NNPC to Return Missing $1.48 Billion to Nigerian Federation Account!

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Forensic Audit Report: NNPC to Return Missing $1.48 Billion to Nigerian Federation Account!

The Forensic audit report presented to Nigerian President Goodluck Jonathan after an exhaustive investigation into the Nigerian National Petroleum Corporation (NNPC) and Nigerian Petroleum Development Company (NPDC) has revealed that $1.48b has to be returned to the Federation’s account. The audit was recently conducted by PricewaterhouseCoopers, a leading international accounting and business services firm.

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The audit was ordered by Finance Minister, Ngozi Okonjo lweala following allegations of embezzlement by ex-Central Bank Governor, Sanusi Lamido Sanusi. The contents of the report was made known to the public on Thursday, 5th February, by Auditor General of the Federation, Samuel Ukura, indicting both NNPC and NPDC in the audit report.

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