Former chairman of the Senate Committee on Finance, Ahmed Markarfi yesterday gave reasons his panel did not indict former Petroleum Minister, Mrs. Diezani Allison- Maduake over alleged non-remittance of $49.8 billion to the Federation Account by the Nigerian National Petroleum Corporation (NNPC). The allegation was made by former Central Bank of Nigeria (CBN) governor, Mallam Sanusi Lamido Sanusi, now Emir of Kano. Markarfi, whose panel in 2013 investigated the allegation, said the committee didn’t indict Allison-Madueke because throughout the exercise, no document demanded in line with the terms and scope of the assignment from both the CBN and the NNPC, indicted the former minister. However, Makarfi, a former Kaduna State governor, said the panel indicted the then Peoples Democratic Party (PDP) – led government of illegally spending about N700 million monthly which was never appropriated by the National Assembly, amongst other operations of the NNPC which the panel found […]

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