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House to summon Okonjo-Iweala over N1.17bn grant

21 December 2015, 14:24

Abuja - The House of Representatives is set to summon former Minister of Finance, Ngozi Okonjo-Iweala over the N1.17bn approved by former President Goodluck Jonathan for the Sokoto Rima River Basin Development Authority was reversed by a ministerial directive last May, Punch reports.

Okonjo-Iweala may be summoned for allegedly reversing Jonathan’s approval in controversial circumstances, thereby denying the agency of the funds.

The House committee said it would like to know how a ministerial directive could override a presidential approval and what the money was used for after it was stopped.

Also read: Okonjo-Iweala rebuffs latest links to arms deal

A preliminary finding of the committee indicated on Sunday that the Office of the Auditor-General of the Federation paid the money into the accounts of the SRRBDA on March 9, 2015 for the purpose of funding the projects of the river basin after Jonathan’s approval.

However, the committee noted that the same money was stopped and withdrawn in two tranches within a week in May 2015 by a ministerial directive.

Read more at Punch

- News 24


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