Missing $20b : Nigerian Senate clears Alison-Madueke, says no money missing

The Nigerian Senate has rejected claims by the suspended governor of the Central Bank, Lamido Sanusi, that at least $20 billion (N3.2 trillion) in oil receipts were not paid into the government treasury by state oil company, the Nigeria National Petroleum Corporation, NNPC.

The Senate’s finance committee, which probed the allegation, said Wednesday it found no evidence indicating that the huge sum was diverted or stolen, and described Mr. Sanusi’s claim as “incorrect” and “misleading”.

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