The Senate on wednesday said that the suspended Governor of the Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi lied by saying that the Nigerian National Petroleum Corporation, NNPC, misapplied $49.8 billion accruing from crude oil sales. It said that only $20 billion or N3.26 trillion was missing.
It said that it could not see how Sanusi arrived at his allegations that the money was missing.
Chairman, Senate Committee on Finance, Senator Ahmed Makarfi, PDP, Kaduna North, who made this known yesterday, said that contrary to Sanusi’s allegations, there was nothing like any unremitted $49. 8 billion.
This was contained in the report submitted by the committee at Senate plenary, yesterday. Makarfi said that his committee made rigorous investigations into the allegation, but could not see how Sanusi arrived at the missing money.
“The committee could not see how the figure of $49.8billion was arrived at by the (former) CBN Governor in the first instance. There was nothing like unremitted $49.8 billion. All the agencies-CBN, NNPC, Ministry of Finance and the Ministry of Petroleum Resources had agreed after reconciliation meetings that $47 billion out of the $67 billion had been credited to the Federation Account. The amount to be accounted for, therefore was $20 billion,” the committee observed.
Sanusi had claimed in his letter to President Goodluck Jonathan that $49.8 billion from crude oil revenue was missing, prompting nationwide outrage.
