The Senate Committee on Public Accounts has summoned the former management of the Nigerian National Petroleum Company Limited, including former Group Chief Executive Officer Mele Kyari, over alleged financial discrepancies totalling N210 trillion.
Chairman of the committee, Senator Aliyu Wadada, said the probe followed the review of the Auditor General’s reports and the company’s audited financial statements covering 2017 to 2023.
The committee said it raised several queries over financial records, including N103 trillion listed as accrued expenses and N107 trillion recorded as sundry receivables without clear explanations.
Also Read: Senate Gives NNPCL Three Weeks to Explain N210 Trillion Audit Queries
The panel also questioned about N5.9 billion reportedly spent during the transition from NNPC to NNPC Limited. The committee has directed former and current officials of the company to appear before it as the investigation continues.
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