President Muhammadu Buhari has begun a comprehensive probe of the immediate past President Jonathan's government.
This was revealed by the ad-hoc committee on the management of excess crude account proceeds and accruals into the federation account set up by the National Economic Council and headed by the Edo Governor Adams Oshiomhole.
The 63-year-old Edo State governor spoke shortly to journalists after the committee's meeting in Abuja on Thursday August 6, saying 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.
''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,'' Oshiomhole told journalists. ''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 added that the audit would cover the period from January 1, 2010 to June 1, 2015.
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