The Senate yesterday said it again uncovered illegal multiple withdrawals of $1.151 billion from the dividends accounts of the Nigeria Liquefied Natural Gas (NLNG) by the Nigeria National Petroleum Corporation (NNPC). This is apart from the $1.05 billion NNPC Group Managing Director Maikanti Baru earlier admitted to. The investigative committee, headed by Senator Bassey Albert Akpan (PDP, Akwa Ibom North East), ordered NNPC and Central Bank of Nigeria (CBN) to submit documents on withdrawals made from the NLNG dividends account within the last two years. While scrutinising the NLNG account documents presented to it particularly by the Chief Operating Officer (COO), Finance, of the CBN, Babatunde Adeniran, the committee observed a series of cash debits totalling $2.201 billion from November 2016 to June this year. The breakdown is: $86.546,526 million withdrawn from the account on November 22, 2016, allegedly being payment on Paris Club loans for state governors; $1.05 […]