House of Reps queries $10bn allegedly missing at NSA’s office

The House of Representatives ad-hoc committee investigating recovered loots and assets of government, at its hearing on Tuesday, raised eyebrows about $10 billion said to be missing from the coffers of the office of the National Security Adviser, (ONSA).

The Committee also sought to know the status of another $6.1 billion paid by the ONSA into an account of one of its contractors without genuine implication.

But the ONSA’s Director, Finance and Administration, Brig-Gen. Jafaru Muhhamed, who stood in for the National Security Adviser (NSA), Maj-Gen. Babagana Monguno (rtd), said the office did no wrong in its financial dealings.

At the resumed public hearing of the House’s ad-hoc Committee, its chairman, Adejaro Adeogun, assured that the committee remains committed to unearthing all illegal transactions and assets in the custody of different government agencies.

He regretted that most government agencies do not follow statutory laid down rules and procedure of handling recovered funds and assets as there is no clear records of financial transactions, physical assets in their custody.

Deputy Inspector-General of Police (DIG), JO Egbunike, who represented the Inspector General of Police (IGP), Baba Alkali, agreed with the lawmakers on the poor record-keeping of the Police, emphasising the need for effective reforms.

He also explained that the relevant records are not available because some serving and retired police officers have been hiding the documents.

Egbenike however, urged the committee to invite the people in question to cause appearance and shed more light on the entire transactions, recorded and not recorded.

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