The trace of the alleged missing fund believed to have been stolen and diverted to a foreign destination, was contained in the two documents submitted by the Nigerian National Petroleum Corporation (NNPC) at the committee’s sitting.
Browsing: Hon. Abdulrazak Namdas
He said the delays in the cases were necessitated by some technicalities including delay tactics by lawyers to the oil companies which unfortunately is being condoned by the courts.
The Director-General of the Budget Office, Mr. Ben Akabueze, said the release of the fund was not within the purview of the office, adding that the powers lied with the minister of finance, who should seek approval from the president before the fund was released.