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Reps meet Malami over missing $2.4bn crude oil sale

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Reps meet Malami over missing $2.4bn crude oil sale

The Attorney General of the Federation (AGF), Abubakar Malami has said so far his office has successfully recovered over one billion dollars ($1bn) for the country.

He stated this when he appeared before an ad hoc committee of the House of Representatives which is investigating the alleged missing 2.4 billion dollars in revenue from 48 million barrels of crude oil in 2015.

For a second time, the AGF appeared before the House Adhoc Committee.

He maintained his earlier position that he is unaware of the missing funds and responds to the request of the committee for the statement accounts of recoveries made since 2015.

Both parties also disagreed on the interpretation of the single account of the Federation as stated in the constitution.

Although the present administration and the Ninth National Assembly are approaching their end, the AGF agreed to work with the committee to get to the root of the missing funds.

Meanwhile, the Minister of Finance; Zainab Ahmed and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele are yet to make an appearance before the House Committee.

Uchechi Ojo
Uchechi Ojo, is a Lagos-born and based writer, newscaster and voice-over artist. A versatile and committed journalist with the yearning to make a difference in the industry. She writes balanced, informative and interesting stories. Uchechi has the ability to interact and listen with rapt attention, excellent time management and great communication skills while paying attention to detail. She is very approachable and a good team player. Instagram | LinkedIn
Mike Ojo

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