Reps move to probe gaps in recovered loots’ remittances


The House of Representatives ad-hoc committee investigating the status of all recovered assets from 2002 to 2020 by federal agencies has queried the Accountant-General of the Federation over discrepancies and other infractions observed in remittances of recovered funds he made to the Central Bank of Nigeria.

The chairman of the committee, Adejoro Adeogun, handed the query on Monday during the cross examination of the representative of the OAGF, Sabo Mohammed, at the opening of the hearing at the National Assembly, that from documents at the committee’s disposal, it observed a number of discrepancies and gaps which required an explanation from the Accountant-General of Federation.

But the representative of the Accountant-General insisted that the said funds were remitted to the CBN

“We’re not in an investigative agency. Whatever is recovered and brought to us, we maintain the account for them,” he said.