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Missing NNPC $20B Audit: Finance Minister Okonjo Iweala Denies She Disowned Pricewaterhouse Coopers Latest News Updates

Missing NNPC $20B Audit: Finance Minister Okonjo Iweala Denies She Disowned Pricewaterhouse Coopers

ngozi okonjo iweala

Saturday May 2nd, 2015 – Missing NNPC $20Billion Audit Report: Finance Minister Okonjo Iweala Denies She Disowned Pricewaterhouse Coopers

Contrary to reports by Premium Times and some other media, the Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala has not disowned PriceWaterHouse Coopers, the international audit firm which carried out the recent audit of the alleged unaccounted for $20 billion.

This is because the forensic audit was actually proposed by Dr Okonjo-Iweala as the best way to get to the truth following the disagreement (and widely conflicting figures) between former CBN Governor (and current Emir of Kano) Malam Sanusi Lamido Sanusi and the NNPC over Sanusi’s allegation of unaccounted for funds.

Her proposal was accepted by President Goodluck Jonathan as well as the Senate, and the President subsequently directed the Auditor General of the Federation to lead the work. The Auditor-General later appointed PwC to carry out the audit.

Dr Okonjo-Iweala therefore respects the process which produced the audit.

But requesting the audit is of course not the same thing as hiring the auditor. This was why we made it clear in our last press release that the suit filed against Dr Okonjo-Iweala before a Lagos High Court by SIAO Partners alleging that she appointed PwC to carry out the audit is frivolous and uninformed.

We urge the relevant media to update their information based on this clarification. Many thanks.

Paul C Nwabuikwu

Special Adviser to the Coordinating Minister of the Economy and Minister of Finance

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  1. I

    May 2, 2015 at 2:31 AM

    Story story…..story. Just produce the money

    • Odunaike Benson

      May 2, 2015 at 2:36 AM

      LOL, she is one of the looters

  2. Bench

    May 2, 2015 at 4:42 AM

    I was write small poem bicos oe this money weyris miss. Is called money missing. Read am.

    Some are say money
    E de miss.
    Some are say honey
    Na to kiss.
    But if to go to the police
    Dog do pipul for wolice
    E go bite
    For shoprite.

    I hope say you like am. Na me was write the poem. Timaya de beg me make I writing poem for him but I was not gree.

  3. ifanla

    May 2, 2015 at 7:04 AM

    What a man can do,a woman can do better.No sinner shall go unpunished.The wages of sin……Let’s wait & see,May 29 is around d corner.

  4. Focusss

    May 3, 2015 at 12:03 AM

    Kuje prison is awaiting you

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