Senate invites Monguno, Zainab, other over N7.5bn withdrawal from treasury
Thompson Nsisongabasi
Apr 29, 2021
The Senate on Wednesday asked the three officials of the Buhari administration to appear by next Tuesday.
READ ALSO: [HEALTH] See what adequate sleep, exercise and low stress does to the body | MUST READ
They are National Security Adviser Babagana Monguno, Finance Minister Zainab Ahmed, and Accountant General of the Federation Ahmed Idris.
READ ALSO: NYSC DG Announces when Corps Members Will Receive 77,000 Monthly Allowance
The Red Chamber of the National Assembly is seeking answers on secret withdrawal of N7.5billion from the treasury.
READ ALSO: Why El-Rufai Was Returned To ICPC Custody?
The money is two percent of the National Automotive Council Design & Development Council (NADDC) levy account domiciled with the Central Bank of Nigeria (CBN).
NADDC Director General, Jelani Tukur said the agency had written to Ahmed and Idris for clarifications.
READ ALSO: I Will Not Allow Criminality As President, Peter Obi Declares
He mentioned the withdrawal of N3.7billion as loan to NAFCON, withdrawal of N3.8billion for security personnel car loan scheme, and another withdrawal of N2.3billion as loan to Steyrs Nigeria Limited.
READ ALSO: Facts vs Propaganda: Alex Otti's Aide Sets Record Straight on Abia Multilateral Loan Facility
The DG said a letter of reminder was sent to Niger Insurance Plc on the agreement reached on July 9th 2020 as ordered by the committee.
Tukur disclosed that letters were written to the Minister and the Accountant General on April 23 April, 2021.
READ ALSO: Abiola Ajimobi Made Heaven - Wife Reveals
Chairman, Committee on Public Accounts, Senator Matthew Urhoghide insisted that all parties involved in the withdrawal must appear.
READ ALSO: Sowore's Miscalculation and the Need to beat a Wise Retreat
"They should bring evidence of the approval when they are coming on Tuesday. The money must be returned otherwise, the committee will take a drastic action on the issueÔÇØ, Urhoghide warned.
Related Stories
REVEALED: How All Progressives Congress (APC) Played Into The Opposition Hands Ahead Of 2027 - Sumner Sambo Warns
I Will Not Allow Criminality As President, Peter Obi Declares
Why El-Rufai Was Returned To ICPC Custody?
Sowore's Miscalculation and the Need to beat a Wise Retreat
Tinubu Breaks Silence on Hardship, Inflation, Power Crisis - Vows Nigeria Will Overcome Economic Storm
"Terrorists Have Outgunned Our TroopsÔÇØ - Ndume Raises Alarm Over Boko Haram War, Sends Urgent Message To Tinubu
""
— Thompson Nsisongabasi