The investigative hearing is on the status of all recovered assets from 2002-2019.At the hearing, Mr Malami was accused of accepting money from the recovered loot to fund the budget of his office.The attorney general was visibly dumbfounded when he was confronted with a bank statement from the CBN.
The Chairman of the Committee, Adejoro Adeogun explained that it is unconstitutional to spend money from the recovered assets and that money can only be spent from the consolidated revenue account Meanwhile, the accountant general bailed out Malami by claiming that under the TSA, consolidated, asset recovery accounts and other revenue accounts are now linked.The lawmakers observed discrepancies between the record of the OAGF and the bank statement obtained from the Central Bank of Nigeria.
Oladapo Olarewaju, a member of the committee faulted the accountant general for the discrepancies, “If there is any discrepancy, there must be a timeline. To say that discrepancy is normal, I do not agree with you.”Mr Ahmed was given till Thursday to reconcile his records and revert to the lawmakers.
Upon all the grilling done to NDDC MD what is the outcome , the same will happen to this one too , all Na high service .
And this is happening in the regime of St Buhari. It is a shame. Malami is using the looted fund to finance Fulani herdsmen. God will judge him.
The returned loot has been looted. Nigerian way.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.