President begins probe of Jonathan’s government

monjola sotubo

August 7, 2015 12:21 PM

The probe will be carried out by two international forensic audit firms who will investigate the revenue that accrued into the Federation Account during Jonathan’s tenure and how it was spent.

Ex-president Goodluck Jonathan and President Buhari at the Presidential Inauguration on May 29, 2015, in Abuja.

President Muhammadu Buhari’s government has begun a comprehensive probe of the Goodluck Jonathan administration.

This was disclosed to journalists by Edo State Governor, Adams Oshiomhole on Thursday, August 6, 2015, after a meeting of the National Economic Council (NEC) in Abuja.

Oshiomhole is the head of the NEC Committee on the Management of Excess Crude Account Proceeds and Accruals into the Federation Account.

He said:

“We held our first primary session today here with some of the revenue generating agencies that are supposed to remit funds to the federation account. We had a successful session with Customs, NPA, NEITI, SEC, FIRS, and quite a number of others and next week we will also hear from CBN, Ministry of Finance, Office of the Accountant-General of the Federation.”

“For the remaining ones, we agree we are going to meet on Thursday next week, NNPC, NPDC, DPR, NIMASA and other remaining agencies. We have started the work, with the idea to hear them out, what they have been doing, with particular emphasis on revenue accruing from these organizations and whether or not these have been remitted to the Federation Account for judicious distribution.”

“We are convinced that by appointing audit firms, we will allow professionals to carry out this exercise, so that it will be free of any political colouration and also we will ensure the outcome of the investigation will.”

“We believe in the end, we will be able to not just establish what had happened over the period but much more important, going forward with the changes the President has promised the country. It is not going to be business as usual. He started on a clean slate and everybody knows the new rules of the game and in particular as the laws apply to the various institutions are implemented in full.”

Oshiomhole recently said that a minister under the Jonathan administration had embezzled $6 billion in public funds while in office.

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