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Missing $20billion: Our Audit Report On NNPC Is Not Reliable -PWC - Politics - Nairaland

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Emir Sanusi Reminds Nigerians Of The Alarm He Raised Over Missing $20billion-PIX / NNPC Is Now 'northern Nigeria Petroleum Company' - Nigerians Slam Buhari / ‘Missing’ $20billion Oil Money: Our Audit Report Not Reliable — Pricewaterhousec (2) (3) (4)

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Missing $20billion: Our Audit Report On NNPC Is Not Reliable -PWC by phemmyutd(m): 10:14am On Apr 28, 2015
PricewaterhouseCoopers, the audit firm that conducted the forensic audit of the Nigerian National Petroleum Corporation, NNPC has disclosed that their audit report may not be be reliable.

The much anticipated report of the forensic audit of the Nigerian National Petroleum Corporation, NNPC, operations on the missing $20 billion oil money may not amount to much after all, with PricewaterhouseCoopers, the audit firm that conducted the probe, saying it cannot vouch for the integrity of its findings.

In a startling introductory letter addressed to Nigeria’s Auditor General, the audit firm said findings in its 199-page report were limited to available information and did not constitute a review in accordance with generally accepted standards.

“The procedures we performed did not constitute an examination or a review in accordance with generally accepted auditing standards or attestation standards,” the firm said.

“Accordingly, we provide no opinion, attestation or other form of assurance with respect to our work or the information upon which our work was based,” it added.

The report and all accompanying deliverables, the company pointed out, were “solely for the Office of the Auditor-General for the Federation, for their internal use and benefit and not intended to, nor may they be relied upon, by any other third party.

http://www.nigerianbulletin.com/threads/missing-20billion-our-audit-report-on-nnpc-is-not-reliable-pwc.110940/
Re: Missing $20billion: Our Audit Report On NNPC Is Not Reliable -PWC by tmotmo: 10:36am On Apr 28, 2015
Good.
Even dumbs and deafs knows that the report was just to play politics and make the electorate believe that the Most Corrupt Regime in Africa was not actually "that corrupt".

the $20b missing fund is just one out of many, by the time whistle-blowing site take up the rotten that had actually happened during the GEJ regime, the entire world leaders would be surprised. Why?

This a country where thieves are celebrated.

The $20b is prominent because of the strategic nature of NNPC to the Nation's major source of revenue. What had happened in places like
CBN, PENCOM, NLNG, NNDC, SEC, PPPRA, TETFUND, PTDF, NIMASA, FAAN, Ministry of Solid Minerals, NEXIM, only time will tell. but definitely people knows that a lot had gone under.

#Iam Happy I Decided 4 Change.
#God_Bless_Nigeria

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