doctokwus:

I agree with most of your points,but I feel that PWC should have reported back to the auditor general that an important corporation as the NPDC wasn't being corporative,to weep them into line.Maybe they did anyway.

eliment:
Yes they should be sanction for throwing professionalism to the wind all because they don't want to loose the largesse that will accrue from the audit

seunmsg:



PWC was contracted by the Auditor General and not the minister of finance. If you look at the terms of engagement as stated in their report, you will see that they were contracted solely to investigate and report on the alleged unremitted $20 billion by NNPC. They did that assignment very well and the disclaimer in their report is to the extent of third parties that may want to rely on the report. The report is solely for the Auditor General and nobody else. That, is the standard practice when conducting an investigative audit of this kind of nature. Bring in KPMG or Delloitte, they will issue the same disclaimer.

As regards NPDC that refused to open their books, PWC can't pull out of the assignment because of them. NNPC is the major organisation under investig they are supose to open their account for investigation, if they don't av anything 2 hide.ation here and not NPDC which is just a subsidiary. The best they can do is to report on their refusal to cooperate and they did that clearly in their report.

You must also note that it is only in statutory audit that the auditor is expected to give his opinion on the accounts. In an investigative audit, the auditor only reports on his findings based on the terms of engagement.

OREMUSSANCTUS:
How many people Buhari wan probe
He wan use d whole 4 years probe, wetin go dhe for oda tinz
Buhari promising us paradise like d "prophet" of I * * * m

abu12:


You lied NPDC is the major culprit, NPDC is a subsidiary under NNPC,who failed to remit found 2 NNPC, NPDC is in-charge of subsidy payment and not nnpc. They are the once sanusi accused of not remitting found to cbn.

IsraeliAIRFORCE:
Hon. Solomon Adeola is ill informed and one of Nigeria's Misrepresentatives on the loose who can't understand terms of reference and limitations.

He is one of the intellectually lazy Representatives in the finance committee that hired Enwegbara for N115,000,000 to produce 50 questions on the “State of the Economy,” which the House of Representatives would like to pose to the Minister of Finance.

Yet they couldn't defend the questions nor challenge Okonjo Iweala to a debate.

Noisemakers should not be given attention on National issues at anytime or day.

sammhi:
Adeola himself ia a big thief...he owns several propeties in lagos...let him tell us how he got these properties...in any case Yorubas are still very much bittter that Diezani shut them out from getting oil block to Mike Adenuga nd Tinubu...this is their main grouse

kolomax:
the Guys Above me need serious prayers

Classicalman:
He is a complete illiterate honourable. Did he actually go through the 200 page report to see how PWC arrived at tyue $1.48bn? I dont think he did. He just wants to run his motor-mouth like typical APC member.

OREMUSSANCTUS:
How many people Buhari wan probe
He wan use d whole 4 years probe, wetin go dhe for oda tinz
Buhari promising us paradise like d "prophet" of I * * * m

tbaba1234:


PwC did its job, they are a consulting ffirm. They are not expected to go to the press if they have issues. They put in their report. They stated their limitations in their report.

i. Do you have the terms of the contract??

PwC standard in Nigeria is as good as anywhere in the world. I know them very well.

doctokwus:

I agree with most of your points,but I feel that PWC should have reported back to the auditor general that an important corporation as the NPDC wasn't being corporative,to weep them into line.Maybe they did anyway.

OREMUSSANCTUS:
How many people Buhari wan probe He wan use d whole 4 years probe, wetin go dhe for oda tinz Buhari promising us paradise like d "prophet" of I * * * m

hamzeiy:


you would reap what you sow...nd mre on it

Freemanan:
Seems the only duty the GMB government will be doing throughout the 4years is "PROBING/PROSECUTING"... Nigerians wise up na

Reference:


So it was in his previous short stinct. The Nigerian State bogs down the Nigerian Government. How can you fight something far bigger than you.

otunsman:
You fantatic politicians should stop this your sectional probing.Starts the probe in all govt agencies and parastatals from 1960.Anything short of that is witch hunting.

seunmsg:
Instead of Blaming PWC, he should blame the Auditor General who came up with the terms of engagement and NNPC and NPDC who both refused to cooperate with the Auditor. Beside, the assignment was a special investigation of the alleged missing $20 billion and not a statutory audit. people should stop confusing the two together.

Classicalman:
Illiterate commentators. Have any of you anti Jonathians gone through the report? Of course you are too lazy to read but have the strength to abuse.

Reference:


They did not do the job they were contracted to A review is not an audit. Both have differerent scopes. If they were ethical enough there should be documents PRIOR to the exercise stating clearly why they couldn't audit (at the least) and at worst quietly walk away from it all since they know what a hot, spicy, slippery salami it is. Are they hermits, don't they live in the real world, in the junglesque Nigeria and know that the NNPC is a mafia organisation apparently so big even the government shockingly cannot handle. Dis kwantry sef.

seunmsg:



PWC was contracted by the Auditor General and not the minister of finance. If you look at the terms of engagement as stated in their report, you will see that they were contracted solely to investigate and report on the alleged unremitted $20 billion by NNPC. They did that assignment very well and the disclaimer in their report is to the extent of third parties that may want to rely on the report. The report is solely for the Auditor General and nobody else. That, is the standard practice when conducting an investigative audit of this kind of nature. Bring in KPMG or Delloitte, they will issue the same disclaimer.

As regards NPDC that refused to open their books, PWC can't pull out of the assignment because of them. NNPC is the major organisation under investigation here and not NPDC which is just a subsidiary. The best they can do is to report on their refusal to cooperate and they did that clearly in their report.

You must also note that it is only in statutory audit that the auditor is expected to give his opinion on the accounts. In an investigative audit, the auditor only reports on his findings based on the terms of engagement.

Classicalman:
He is a complete illiterate honourable. Did he actually go through the 200 page report to see how PWC arrived at tyue $1.48bn? I dont think he did. He just wants to run his motor-mouth like typical APC member.