SENATE RAISES ALARM OVER ₦200TRN ‘UNACCOUNTED FUNDS’ IN NNPC COFFERS.
The Senate Committee on Public Accounts has raised serious alarm over discrepancies involving trillions of naira in the audited financial statements of the Nigerian National Petroleum Company Limited (NNPC), describing the revelations as mind-boggling and worrisome. The committee, during the investigative session held yesterday and chaired by ALIYU WADADA, where the Chief Financial Officer, DAPO SEGUN, was present, questioned the absence of detailed records justifying massive legal and auditing fees, as well as contradictions in receivables reportedly worth over N210 trillion […]