In furtherance of his commitment that
there would be no stone unturned in
ensuring that those indicted in the fuel
subsidy probe are brought to book,
President Goodluck Jonathan yesterday
announced the constitution of a
committee to verify and reconcile the
findings of the Technical Committee set
up by the Federal Ministry of Finance to
conduct a detailed review of all subsidy
claims and payments made in 2011.
The 15-member committee headed by
Mr. Aigboje Aig-Imoukhuede will begin
work immediately and is to conclude its
assignment on Friday, July 13, 2012
Other members of the new committee
are: Dr. Abraham Nwankwo (DG DMO);
Mr. Bernard Otti (GED Finance & Accounts,
NNPC); Mrs. Oyinye Ahuchogu (CBN), Mrs.
Sola David-Borha (MD Stanbic/IBTC,
representing the Banking Community);
Mr. Mike Osatuyi (National Secretary,
IPMAN), Mr. Obafemi Olawore, Mr. Jonah
Otunla (Accountant-General of the
Federation), Mr. Bright Okogwu (DG,
Budget Office), Mr. Reginald Stanley
(Executive Secretary, PPPRA), Mrs. Aisha
Waziri-Umar and Mr. Jalal Arabi.
The Attorney-General of the Federation,
the Inspector-General of Police and the
Director-General of the State Security
Service will also be represented on the
Committee which has the following
terms of reference:
1. To further verify and reconcile all
claims made in the report of the
Technical Committee on Fuel Subsidy
Payments;

2. To properly identify all cases of

overpayment and/or irregular payment;

3. To accurately identify all likely
fraudulent cases for criminal
investigation and

4. To review any other pertinent issues
that may arise from its work and make
appropriate recommendations.
On receiving the Verification and
Reconciliation Committee’s report,
President Jonathan will order whatever
action he deems necessary to ensure
justice and full recovery of all fuel
subsidy funds that may have been
illegally paid.

www.vanguardngr.com/2012/07/jonathan-sets-up-committee-to-verify-2011-subsidy-claims/