Home » Latest Politics » FG denies $27 million missing from Nigerian Embassy account (Cover up?)

FG denies $27 million missing from Nigerian Embassy account (Cover up?)

Written by Christian Okeke – Abuja
Monday, July 1, 2013

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THE Ministry of Foreign Affairs has denied the report that $27 million was missing from the account of the Nigerian Embassy in the United States of America.

Senate Committee on Foreign Relations had conducted a hearing to investigate allegations of the embezzlement of $27 million being proceeds from the sale of Federal Government properties in Washington DC.

Denying report of the missing fund however, the ministry noted that all monies involved in the sale of Federal Government properties were duly and completely accounted for and that the sales were duly authorised by former President Olusegun Obasanjo.

It disclosed that the sum of $23,586,497.84 was realised from the sale of the three Federal Government-owned properties in Washington DC, United States of America, between 2004 and 2007, and not $27 million.

A statement by the ministry at the weekend noted that, “It is pertinent to note that at the public hearing and after introducing the theme, the Chairman of the Senate Committee, Matthew Nwangwu, asked the pressmen to take their leave as the session was going to proceed into a closed one.

“Thus, the press was not privy to the comprehensive submissions of the three distinguished diplomats. Without prejudice to the findings of the Committee, we reiterate, that the sales of these properties were duly authorised at the highest level, and that no fund was “missing” as alleged. wp_posts

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