A report by the auditor-general of the federation has revealed that the huge sum of money found at Ikoyi was taken from Nigeria’s joint venture (JV) cash call account at the American bank, JP Morgan Chase.

According to reports by the Cable, NNPC currently runs six JVs — with Shell Petroleum Development Company of Nigeria Limited (SPDC), Chevron Nigeria Limited (CNL), Mobil Producing Nigeria Unlimited (MPNU), Nigerian Agip Oil Company Limited (NAOC), Elf Petroleum Nigeria Limited (EPNL) and Texaco Overseas Petroleum Company of Nigeria Unlimited (TOPCON).

Also, there was no documentation for the official release of $289,202,382 to the the National Intelligence Agency (NIA) — which claimed the $43 million found at the residence was the balance from the money it received for “covert projects”.

Beyond a request sent to President Goodluck Jonathan by Ayodele Oke — who was the NIA director-general at the time — the normal processes of approval and authorisation for the release of government funds were not followed.

In yet another revelation, the CBN would normally credit NIA’s account at the apex bank, but it was instead directed to release the money in cash to Oke, according to the audit report sighted by the cable.

In April 2017, the Economic and Financial Crimes Commission (EFCC) said it had discovered $43 million, £27,000 and N23 million stashed away at a flat in Ikoyi after a tip-off from a whistle blower.

Following reports that the monies belonged to the NIA, the Cable subsequently reported that the agency collected $289,202,382 in cash from the account of the National Petroleum Investment Management Services (NAPIMS) at CBN in February 2015 after the postponement of the general election.

See More Revelations Below

http://www.nigeriannewsweb.com/revealed-ikoyi-loot-cbn-gave-nia-dg-ayo-oke-43-million-in-cash/

I heard that Abba kyari fone conversation about how the NIA boss messed up their plan with the dollars.

To think bastards supporting that dark administration that was strongly committed to plunging this country into penury with heartless looting and squandering are the same animals calling others "zombies" speaks volumes of their mental state.

If you sit and wonder the number of similar undiscovered robbery (which of course are more), you will have no choice other than "God dey".

Morons will sit down and be disturbing us with "Aba Kyari, maman daura, bmc, Buhari is sick, Aisha wears bra, Zahra flew business class etc like the programmed donkey robots they are.

Any monkey that disturb me will be ignored because I don't talk with animals.

Also, there was no documentation for the official release of $289,202,382 to the the National Intelligence Agency (NIA) — which claimed the $43 million found at the residence was the balance from the money it received for “covert projects”.



Following reports that the monies belonged to the NIA, the Cable subsequently reported that the agency collected $289,202,382 in cash from the account of the National Petroleum Investment Management Services (NAPIMS) at CBN in February 2015 after the postponement of the general election.

Wonders shall never end

J

Who was the CBN Governor when this happened?

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No be Nigeria again!, deceiving the Masses. Am yet to see new ideas from this government that is geared towards the masses....and some people wants to vote this government,chai!.

This story lacks credibility. It is unconscionable to cook up such serious allegations and at news.