The Senate has mandated its committee on appropriation, to investigate and report back in one week , the allegation claiming a withdrawal of $462 million from the Federation Account for the purchase of two American helicopters without Senate approval. It also summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; the Minister of Finance, Kemi Adeosun; and the Minister of Defence, Mansur Dan-Ali to explain the.

This was embedded in a resolution following an adopted order 43 ,raised by senator Samuel Anyanwu representing Imo east senatorial district and, chairman senate committee on ethics and privileges.

Anyanwu said the alleged release of the fund and appropriation was illegal and unconstitutional.The Senator also cited section 80, subsection 2 and 3 of the 1999 constitution as amended to collaborate his claim.

That section titled, “Powers and Control over Public Funds” reads: 80 (1) All revenues or other moneys raised or received by the Federation (not being revenues or other moneys payable under this Constitution or any Act of the National Assembly into any other public fund of the Federation established for a specific purpose) shall be paid into and form one Consolidated Revenue Fund of the Federation.

Quote:“ I want to find out how this thing was done. I will request that we invite the CBN governor, the Ministers of Defense and Finance. They need to tell us how these monies were withdrawn and paid to this American firm without the approval of the Senate.”

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