Senate panel summons Kyari, others over alleged ₦210trn unaccounted funds

Senate panel summons Kyari, others over alleged ₦210trn unaccounted funds

The Senate Committee on Public Accounts has summoned former NNPCL executives, including Mele Kyari, over an alleged ₦210 trillion unaccounted for between 2017 and 2023 and warned that arrest warrants may be issued if they fail to appear.

The Senate Committee on Public Accounts has threatened to issue warrants of arrest against former top officials of the Nigerian National Petroleum Company Limited (NNPCL) over an alleged ₦210 trillion that lawmakers say was not properly accounted for between 2017 and 2023. The committee summoned a former Group Chief Executive Officer of the company, Mele Kyari, alongside a former Chief Financial Officer, Umar Ajia Isa, and a former Group General Manager of National Petroleum Investment Management Services, Bala Wunti.

The Chairman of the Committee, Aliyu Wadada, issued the summons on Thursday following a review of audit reports concerning the national oil company. He warned that the committee could invoke its powers to compel attendance if the former officials fail to honour the invitation and may issue warrants of arrest if they refuse to appear on a date to be communicated soon.

Wadada disclosed the committee’s resolutions while briefing the media after its meeting, noting that the former management team is expected to appear alongside the current leadership of the NNPCL led by the incumbent GCEO, Bayo Ojulari, as well as external auditors who worked with the company during the period under review. The chairman stated that the committee resolved that the NNPCL must account for the ₦210 trillion flagged in audit reports, comprising ₦103 trillion and ₦107 trillion that were allegedly not properly explained in the company’s financial records.

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