Wednesday 19 August 2015

N183.7bn: NDDC faults AGF’s report


The Niger Delta Development Commission on Wednesday faulted the Auditor General of the Federation’s report which claimed that N183.7 billion could not be accounted for by the commission.


The AGF, Mr. Samuel Ukura, had told journalists in Abuja after submitting three special reports to the National Assembly that N183.7 billion could not be accounted for between 2008 to 2012 audit years.


But the Executive Director, Finance and Administration in NDDC, Dr. Henry Ogiri said the report by the AGF was premature and did not follow the ethical standards of accounting profession.


He questioned the timeliness of the report and its motive, adding that the AGF was only playing to the anti corruption tune of President Muhammadu Buhari by releasing the report.


He queried why the AGF had to wait for five years to audit the commission’s account, adding that the report, which covered 2008 – 2012, did not fall under the current management of the commission.


Ogiri, who spoke on Focus Nigeria, a weekly programme on African Independent Television (AIT), added that the commission will respond to the queries raised by the AGF’s report.


 





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