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agency’s account for several years without returning such money to government’s coffers, in line with extant financial regulations. Lamenting that the agency did not carry out any audit of its finances since inception, the lawmakers frowned at the humongous amount spent on capacity building and other subheads, which are alien to mandates of the NAGGW. Recall that N1 billion naira belonging to the agency was fraudulently laundered by some officials of the Federal Ministry of Environment in 2015 but was recovered by the Independent Corrupt Practices and other Related Offences (ICPC) Commission. Investigators said the illicit transfers were carried out in collaboration with some financial banks and Bureaux de Change.

agency’s account for several years without returning such money to government’s coffers, in line with extant financial regulations. Lamenting that the agency did not carry out any audit of its finances since inception, the lawmakers frowned at the humongous amount spent on capacity building and other subheads, which are alien to mandates of the NAGGW. Recall that N1 billion naira belonging to the agency was fraudulently laundered by some officials of the Federal Ministry of Environment in 2015 but was recovered by the Independent Corrupt Practices and other Related Offences (ICPC) Commission. Investigators said the illicit transfers were carried out in collaboration with some financial banks and Bureaux de Change.

by Newsspecng
3 years ago
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House of Representatives investigation has revealed how the National Agency for Great Green Wall (NAGGW) allegedly spent N81.2 billion to...

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