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LequteMan
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Nigeria - Commissioners of Finance and Accountants General of the 36 states of the federation have distanced themselves from claims by the former Minister of Finance, Ngozi Okonjo-Iweala, that they were part of the decision to withdraw and spend $2bn from Nigeria’s excess crude oil revenue account last December.
Govs Adams Oshiomhole and Nasir El Rufai, had accused Mrs. Okonjo-Iweala of unilaterally approving the withdrawal of about $2.1 bn from the $4.1 bn left in the Excess Crude Account (ECA) last November “without authorization”.
However, the former Minister had vehemently rejected the accusation, describing allegations linking her to the allegations as “false, malicious and totally without foundation”.
But in a stern reaction on Tuesday in Abuja, members of the FAAC, under the aegis of the Forum of Commissioners of Finance, disowned the former minister, describing her claim as “misleading and far from the fact”.
“It has come to our notice the statement credited to the former Coordinating Minister of the Economy and Honorable Minister of Finance, Dr. Ngozi Okonjo-Iweala, that the Federation Account Allocation Committee (FAAC) approved the withdrawal from Excess Crude (Foreign) Account the sum of Two Billion U.S. Dollar ($2,000,000,000.00),” the commissioner said.
“This statement is far from the fact and is misleading,” the statement said.
Source: PREMIUM TIMES
Govs Adams Oshiomhole and Nasir El Rufai, had accused Mrs. Okonjo-Iweala of unilaterally approving the withdrawal of about $2.1 bn from the $4.1 bn left in the Excess Crude Account (ECA) last November “without authorization”.
However, the former Minister had vehemently rejected the accusation, describing allegations linking her to the allegations as “false, malicious and totally without foundation”.
But in a stern reaction on Tuesday in Abuja, members of the FAAC, under the aegis of the Forum of Commissioners of Finance, disowned the former minister, describing her claim as “misleading and far from the fact”.
“It has come to our notice the statement credited to the former Coordinating Minister of the Economy and Honorable Minister of Finance, Dr. Ngozi Okonjo-Iweala, that the Federation Account Allocation Committee (FAAC) approved the withdrawal from Excess Crude (Foreign) Account the sum of Two Billion U.S. Dollar ($2,000,000,000.00),” the commissioner said.
“This statement is far from the fact and is misleading,” the statement said.
Source: PREMIUM TIMES
