Politics Nigeria: Another N24bn Missing, this time from Police Coffers

Vunderkind

Social Member
The Tribune newspaper reports that there was shock in the House of Representatives Committee on Public Accounts on Tuesday when the DG of the Pension Transitional Arrangement Department (PTAD), Mrs. Nellie Mayshak, told the committee that there was no documented evidence showing the whereabouts of the N24 billion released from the Service Wide Vote in 2010 for the Police Pension Fund.

To this end, the committee has summoned the Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, the Accountant General of the Federation, Mr Jonah Otunla, the Auditor General of the Federation, Mr Samuel Ukura and the Director Genera,l Budget Office, Dr Bright Okogwu to appear before it and shed more light on the missing fund.

The committee also asked the DG, Budget Office to come before it with the memo showing the request for the missing N24 billion. It also asked the FirstBank to show how much was deposited in the bank and how much was disbursed and to come up with the bank details of the transaction.

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Source: Tribune
 

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Bullocks. I'm not surprised. The accounts of other govt.al agencies exhibit similar properties.
 
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