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Reps uncover discrepancies in recovered loot, assets, query AGF, CBN

By Kassim Omomia
The House of Representatives committee investigating recovered assets on Monday discovered some discrepancies in records of recovered monies and assets in the Offices of Accountant General and the Central Bank of Nigeria.

At a public hearing in Abuja conducted by the House of Representatives, a representative of the Accountant General of the Federation, Sabo Mohammed, was unable to explain the differences discovered by the committee during the hearing.

According to a document submitted by Mr Mohammed, a sum of N15million was transferred to the asset recovery account on the 14th of February, however, the Chairman of the committee, Adejoro Adeogun (APC, Ondo), but the said bank statement obtained from the CBN did not contain the amount.

Chairman of the committee,Hon Adejoro Adeogun also accused the OAGF of violating section 80(3) of the 1999 constitution, by approving the disbursement of funds from the recovery accounts without appropriation of the National Assembly.

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The record of the Economic and Financial Crimes Commission (EFCC), was also queried by the panel.

Panel fumes over non-appearance by heads of agencies…

The committee also expressed displeasure with heads of agencies who sent representatives.

The committee had invited Godwin Emefiele, the Governor of CBN, Abubakar Malami, the Attorney General of the Federation, the Accountant General of the Federation, Ahmed Idris, Chairman of EFCC, Abdulrasheed Bawa and others.

Also invited are; former Ministers of Justice; former National Security Advisers; former Chairmen of EFCC; Former Chairmen of ICPC; former IGP and former Comptrollers General of Customs.

Majority of the agency heads invited only sent representatives to appear before the committee.

The panel is probing the status of all recovered loots; movable and immovable asset recovered between 2002 to 2020.
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Adejoro Adeogun (APC, Ondo), the chairman of the committee, condemned the non-appearance of the MDA heads. He stated that the agency heads find ut easy to appear before parliament during screening, but reluctant when summoned for investigation.

The committee resolved that Mr Idris, Ms Ahmed and Mr Monguno and others should appear before the committee on Wednesday. While Mr Malami is to appear before the committee on Tuesday.

The Chairman of the EFCC, Abdulrasheed Bawa is to appear on Thursday.

“We are not satisfied with the representation of the agencies we have interacted with so far,” Mr Adeogun said at the hearing.

The hearing was adjourned till Tuesday.

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