News, Society

Ngozi Okonjo Iweala In Hot Soup

Former Minister of Finance, Dr. Ngozi Okonjo-Iweala is in big trouble as the Economic and Financial Crimes Commission (EFCC) is said to have written her a letter inviting her to come and explain how the sum of $250million of the $500million recovered from the family of late Gen. Sani Abacha was withdrawn.

Dr. Ngozi Okonjo Iweala

The letter reads accordingly… “Following preliminary findings, a strong recommendation was made to the Acting EFCC chairman for an interactive session with Dr. Ngozi Okonjo-Iweala. Magu has approved the invitation of the ex-minister. We have dispatched a letter of invitation to her. We are hopeful that she will respond.”

See also  5 Amazing Hotels In Nigeria For A luxurious Long Weekend

“Her presence is necessary because there were issues about the $250million released especially why $36,155,000 (N13,015,800billion) was withdrawn in cash. She needs to assist the EFCC team on what became of the balance of $250million which was yet to be traced. She has to explain why some of the funds were diverted to extraneous matters including media services, opinion polls and personal matters.”

See also  Stanbic IBTC Educates Students On Financial Knowledge

It would also be recalled that the sum of $250million was released to the office of former National Security Adviser (NSA), Sambo Dasuki after a request of $300million purportedly billed to fight Boko-Haram terrorist in 2015. Hence, the Chairman of EFCC, Mr. Magu on Monday wrote to Dr. Okonjo-Iweala inviting her to explain how the money was released.