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NADDC N7 5bn Illegal Transactions: No documents to back withdrawals , finance ministry says

Share It was a bewildered Senate that was on Tuesday greeted with silence by the permanent Secretary of the Ministry of Finance, Aliyu Ahmed over the illegal withdrawal of N7.5 from the Central bank account of the National Automotive Design and Development Council (NADDC). The Permanent Secretary was represented by Teslim Akintoye, who said they have no record of the transactions and cannot speak on it. Chairman of the Senate Committee on Public Accounts (SPAC) Matthew Urhoghide who was visibly angry said the Senate will use this fraud to test the will of the President on his fight against corruption.

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