Thursday, February 5, 2015

PWC AUDIT REPORT: NNPC to refund $1.48 Billion to Federation account

                     

The Forensic audit report on NNPC made available to the president by PriceWaterHouseCooper, audit and accounting firm on Monday,Feb 2 indicted NNPC management for various questionable transactions.
The NPDC,the upstream subsidy of NNPC should refund about $1.48 Billion to the Federation account for various reconciled account, is part of the recommendation made.

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