Sunday, October 13, 2024
HomenewsReps query's whereabouts Of $44m Recovered From Ex-NIA DG

Reps query’s whereabouts Of $44m Recovered From Ex-NIA DG

The House of Representatives on Tuesday inquired about the whereabouts of $44 million collected from the Nigeria Intelligence Agency (NIA) by the Economic and Financial Crime Commission (EFCC) in 2017.

The money, however, is not in the possession of the Office of the National Security Adviser (ONSA).

Brig.-Gen. Ja’afaru Mohammed, ONSA’s Director of Finance and Administration, told a House ad hoc committee investigating the management of recovered funds and assets between 2002 and 2020 that the ONSA had nothing to do with them.

According to him : “The NIA was under investigation and the President directed that the ONSA should take charge of the place. I was sent there to take charge of the funds of the agency. I went there and counted the money in their vault and it was about $41 million.

“We kept that money. After the investigation, the President ordered that the money be returned to the agency. We have returned it to the owners, as directed by the President.”

He said funds recovered by the committee were paid directly into the Recovered Funds Account with the Central Bank of Nigeria (CBN), adding that the money could only be deposited into the account without withdrawals from it.

Members of the committee insisted that there were discrepancies in the presentation of the ONSA and the record presented to them by the Office of the Accountant General of the Federation (AGF).

They called for further clarification, especially on the inward and outward flow of funds into the account.

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