Senate to minister, agency: return alleged diverted N14.3b - The Nation Newspaper

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Senate to minister, agency: return alleged diverted N14.3b

, Terhemba Nongo, were yesterday told to return N14.3 billion allegedly diverted from 2017 NEPZA vote.In a letter written by the Chairman of the Senate Committee on Trade and Investment, Senator Mohammed Nakudu Sabo ,obtained by our reporter, the Red Chamber warned the minister and NEPZA boss to either comply with the directive or be ready to face serious legislative sanction.

Sabo told reporters yesterday: “To prevent this fraud, my committee wrote a letter to CBN Governor Godwin Emefiele on the 8th of this month not to release the money but very annoyingly, the money is confirmed to have been released and transferred by NEPZA in collaboration with the Minister into a private company account.

“That the transferred money must be returned back into the treasury within one week from the date of receipt of this letter. The letter dated April 25 and signed by Sabo, was received in the minister’s office the following day.

 

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