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Home»Business & Economy»AGF Malami, Finance Minister Frustrating $2.4bn Oil Revenue Probe – House of Reps
Business & Economy

AGF Malami, Finance Minister Frustrating $2.4bn Oil Revenue Probe – House of Reps

Biyi LawrenceBy Biyi LawrenceApril 19, 20232 Mins Read
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The House of Representatives Ad Hoc Committee on Wednesday, lamented that the Attorney-General of the Federation, Abubakar Malami and the Minister of Finance, Zainab Ahmed, have failed to cooperate with any correspondence over the alleged loss of $2.4 billion from illegal sale of 48 million barrels of crude oil.

This is as the committee has again summoned Malami and Ahmed to appear before the committee with necessary documents and information that would help in its assignment.

Malami and others, including the Minister of Finance, Zainab Ahmed, failed to appear before the committee chaired by Mark Gbillah on Wednesday.

The officials had been invited to participate in the committee’s probe of inflows from recoveries from whistleblowers and expenditures.

The committee however said it is giving the appointees one last opportunity to appear before the committee and speak on inflows from recoveries from whistleblowers.

Chairman Gbillah added that if the government officials failed to honour the invitation again, they would be summoned and further statutory powers would be exercised.

According to the chairman of the committee, documents from the Accountant General showed that payments have been made to whistle blowers and recoveries from whistle blowers but no evidence to show that those monies were expended in accordance with the relevant laws.

AGF Abubakar Malami Attorney General of the Federation (AGF) Mark Gbillah Zainab Ahmed
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Biyi Lawrence

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