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Saturday 2 May 2015

Corruption: Buhari to revisit past probe panel reports – Those indicted may refund public funds

President-elect, Muhammadu Buhari
President-elect, Muhammadu Buhari
The incoming administration of the President-elect, Maj.-Gen. Muhammadu Buhari (retd.), is set to revisit the reports of panels set up by the National Assembly to investigate various financial scandals in Federal Government’s agencies and ministries.
Saturday PUNCH gathered in Abuja, on Friday, that top among reports that the administration would examine include the fuel subsidy and N255m bulletproof cars scam probes by the House of Representatives as well as the pension scandal investigation by the Senate.
It was gathered that Buhari’s pronouncement that he would take another look at the missing $20bn was a precursor to the administration’s desire to retrieve illegally held public funds.
A former Governor of the Central Bank of Nigeria, now Emir of Kano, Mohammed Sanusi II, had alleged that the Nigerian National Petroleum Corporation did not account for $20bn due to be remitted to the Federation Account.
A competent source close to Buhari, who pleaded for anonymity because he was not authorised to speak to the media, said the general knew that he had limited time within which to turn around the nation, as such, he had no intention of wasting public funds on endless probes.