And I remember GEJ shouting "it's not possible that America will know if that amount goes missing"

.

okosodo:
But was it Jonathan that took it?

may be jonah was sleeping

luvinhubby:
A lot of senseless ramblings going on around these days.

A CBN governor who was not sure what he was looking for, $48, $20, or $12 billion.

At least he was sure money was missing.

luvinhubby:
A lot of senseless ramblings going on around these days.

A CBN governor who was not sure what he was looking for, $48, $20, or $12 billion.

But was looking for missing dollars?

luvinhubby:
A lot of senseless ramblings going on around these days.

A CBN governor who was not sure what he was looking for, $48, $20, or $12 billion.

You re corrupt!

we have a very good and sound president,only dat dis country has being spoil for 16 years a go.buhari is our messiah

The Original Whittle Blower, National and CAPITAL THIEF ..

Sanusi was CBN gov for 5 years under GEJ and only found his voice when he had about 6 months to the end of his tenure. He thinks he is smart. After chopping quietly for over 4 years, to his satisfaction, and knowing he had nothing to loose, started doing what he was supposed to do for the over 4 years he was in the saddle. A typical Nigerian indeed. When in position, he will play along to chop his own share. When he is no longer in position, he will begin to claim sainthood. Sanusi can only fool those who are not wise. Sanusi is a silent crook who aided and abetted corruption.

and people ar still buying land and building houses am nt understanding this country.

But it was later found out to be untrue

Contact us for all your roofing jobs and roof maintenance etc

What a smart man. I believe he knew what's coming. To think the idiots who caused all this are walking scud free is alarming and annoying.

luvinhubby:
A lot of senseless ramblings going on around these days.

A CBN governor who was not sure what he was looking for, $48, $20, or $12 billion.

tnkz jare educate dose who don't know anytin

wayne4loan:
Under massive looting this same economy was the best in africa .... Who is fooling who?

How old are you?

Bujumbura:
All these nonsense to divert our attention from buhari health status. I refuse to join in these wailings

is Buhari a super human that cannot fall sick?,at above 70,he is still standing tall,despite the inevitabilty of nature,how old are you? how sure are you that you are going to live up to his age?even if you do,what do you think you are going to look like?.

AFTER he was nailed for stealing at CBN
Wayo man fooling gullible Nigerians since 1914 AD.
Why did he change the amount from $49.8 billion?

AdviserGeneral:
By JOHNBOSCO AGBAKWURU & JOSEPH ERUNKE

ABUJA—CENTRAL Bank of Nigeria, CBN Governor, Sanusi Lamido Sanusi, Wednesday, reversed himself from his initial declaration that the sum of $49.8 billion realized from the sales of crude oil between January 2012 and July 2013 and expected to be remitted to the federation account by the Nigerian National Petroleum Corporation, NNPC, was missing.

Instead, he said $12 billion was the amount discovered not to have been remitted to the account within the period just as he regretted that his communication to the president was leaked to the public.

Sanusi, who stated this when he appeared before the Senate Committee on Finance, to give insight into his letter he wrote to the president on the controversial missing money, said the letter did not indicate that the CBN had concluded its investigation on the matter.

But the Minister of Finance, Mrs Ngozi Okonjo-Iweala, countered the CBN Governor’s position, saying: “I just wanted to add that we found about $10.8 billion. He mentioned $12billion.”

Insisting that the letter was meant for the president to launch an investigation into the issue, Sanusi told the committee’s chairman, Senator Ahmed Makarfi: “I repeat, Mr Chairman, that we did not see the letter as a conclusion of our investigation but an invitation to investigate. So, the conclusion that $49.8billion was missing was wrong even though we had the allegation that it was unremitted.”

“Now, since then, a lot has happened. We have heard the Minister of Finance, Minister of Petroleum Resources, Central Bank, FIRS, CPR, we have set up technical team and has started a process of reconciliation and there has been a lot of progress in that process.

“I found it very unfortunate it was leaked to the press and the answer is ‘yes’, the CBN Governor did send that letter with those contents. By way of those contents, the Central Bank and Finance Ministry and the government were very much concerned over the years at the very low rate of accretion to the reserves in spite of very high level of oil prices and in particular, depletion of excess crude account in spite of what seems to be very high level of oil sales.

“Now, in investigation and trying to understand where those leakages were, our attention was drawn to a huge difference between what appeared to be export of crude made by NNPC and amount repatriated into the crude equity account of the federal government.

“The numbers were about $65 billion exported by NNPC and about $15 billion repatriated to Federation Account out of that. Now, in view with our duty as the banker of the government, we had the responsibility of alerting the president and request a thorough investigation of this matter, he said.

He further explained that “the major progress has been the provision of Monetary Policy Committee, PMC, by the MPC documents to show that even though they did ship that amount in question which is a little more $67 billion, about $24billion was actually not their crude but crude shipped on behalf of third parties like oil companies, tax in crude and also for third party financing and so, that already addresses half of the amount.”

“So, the second half is the issues around domestic crude lifting of $28billion from which we feel there is a short fall, there is a general consensus among us on this even though the amount has been disputed. For us in Central Bank, there is a shortfall of $12billion”, he disclosed.

But even with the amount, he said the CBN was still in the process of reconciling the amount.

“Now, we still are in the process of trying to reconcile that number and we have not even started talking of the sales, the export sales tax, which is about $2billion, which will come after the sales. The Finance Ministry has told us that even before now, there is ongoing negotiation and discretion with NNPC ad-hoc committee and these numbers have always been discussed at the level of Commissions of Finance.

“Since the objective of this committee and for all of us on this side is actually to get to the bottom of it and find out exactly what is the amount unremitted and what is to be done and recommend actions.”

He pleaded for time so that the CBN, NNPC and all relevant agencies come up with a collective figure.

“What I would like to do is, given the progress we have made, to request that we be given little more time to continue with this process and come back with the final position that is a common position among us if the committee will so grant us, ”he added
He was subsequently granted the request.

Speaking at the event earlier, Senate President, David Mark,noted that the controversial amount was still allegation but stressed that it was a serious one.
“At this point what we have is allegations but it’s a serious allegation. When Senator Adetumbi raised the point of order, I did not allow comment on the issue

“It’s for us to get facts so that when we come back we can make useful and meaningful contributions. The Senate has no positions on it, nobody knows apart from what was published in the papers, that’s why we want the committee to establish the facts, the committee, your body language and utterances must be seen to be totally neutral because we have no facts, we have no position on it, we urge you to observe the facts, “he said.


http://www.vanguardngr.com/2013/12/missing-49-8-billion-sanusi-makes-u-turn/

Bujumbura:
All these nonsense to divert our attention from buhari health status. I refuse to join in these wailings

What has BUHARI got to do with this? Nigeria has a President called OSIBANJO (Acting) That position was not created for fun, rather it was created for times like this and the man is doing his Job. People should complain if the post was vacuum but it is not

axeman2:
THIS MAN SHOULD BE OUR PRESIDENT HE HAS THE QUALITY.

You people have started again, why cant you just keep shut

vecman22:
God must punish GEJ for all he did to our dear nation..

And for all dose stupid Igbos DAT keeps supporting all they criminals in this country,they will never do well in this life..

You better mind what you are saying because some fingers are also pointing at you.
The difference between you and those iPod yoots is that you support different criminals.
IPod have criminals they support while you also have some criminals you support, so you are no different from them.

goodluck is d king of corruption

Sanusi you were part and even the head of the looting crew from your end at the CBN,thief that is claiming to be a saint, u think we dont know what u did at the CBN with your interim management in those banks,where they bribe u and ur crew in the banks will write off the huge loan owned fool

adem30:
Must you kill yourself because of Buhari health?

The dullard is already killing us with recession.
Rather than fix it, he ran away to London for treatment.


www.nairaland.com/attachments/3747642_3745850fbimg1463927936602jpeg8173f300eff5e836ee925373615edada_jpegeaf9c8fbc7a78ee96d89f367b1820960





www.nairaland.com/attachments/2065934_image_jpeg9f360c5ab7736510df54c882e9dbf188

Bujumbura:
All these nonsense to divert our attention from buhari health status. I refuse to join in these wailings

Do you really care about the president?

O GOD ANY SINS I COMMITTED TODAY TO SURVIVE IS DUE TO OUR COUNTRY'S CONDITIONS, I PRAY THE PUNISHMENT SHOULD BE UPON OUR BAD LEADERS WHO EMBEZZLED OUR PUBLIC FUNDS.

toyinjimoh:
goodluck is d king of corruption

Really?
You need to learn more of what is going on under Buhari.


www.nairaland.com/attachments/3711426_laimuhammedidontowe_png3d123b27e8f04701820553cb9b600a90


www.nairaland.com/attachments/3441929_img20160227001458_jpeg3fecf627d6b5447631b348f011e59b5a

So where is the money remitted since 20 months ago? Now I know the reason PMB was appointing media assistants instead of economy managers.

Bujumbura:
All these nonsense to divert our attention from buhari health status. I refuse to join in these wailings

What do you want to do with Buhari's health ?

Why not travel to Uk and go find out yourself.

Our issue is the économy and the Vee Pee is doing fine

Aragon:


What has BUHARI got to do with this? Nigeria has a President called OSIBANJO (Acting) That position was not created for fun, rather it was created for times like this and the man is doing his Job. People should complain if the post was vacuum but it is not

who did Trump call

Ioannes:
Please just keep reminding them. The average Nigerian's memory capacity isn't as developed as that of the other homosapiens.

We'll need to keep reminding ourselves every week since we all suffer from collective amnesia.

Besides memory lapses the average nigerian is at best misinformed