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Senate unearths N14.7b PHCN money 'hidden' in banks — Nigeria — The Guardian Nigeria News – Nigeria and World News

Senate has unearthed N14.7 billion, being money belonging to the defunct Power Holding Company of Nigeria (PHCN), allegedly hidden in commercial banks by Bureau of Public Enterprise (BPE). ....

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Senate Uncovers N14.7bn Proceeds of Defunct PHCN 'Hidden' in Commercial Banks

Senate Uncovers N14.7bn Proceeds of Defunct PHCN 'Hidden' in Commercial Banks
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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N14.7 Billion Proceeds Of Defunct PHCN Hidden In Commercials Banks

The Senate has uncovered how N14.7bn proceed of defunct Power Holding Company of Nigeria (PHCN) was hidden in Commercial Banks by the Bureau of Public Enterprise (BPE). The probe is carried out by Senator Matthew Urhoghide, Peoples Democratic Party, PDP, Edo South led Senate Committee on Public Accounts. The Committee is relying on the report… ....

Matthew Urhoghide , Senate Committee , Peoples Democratic Party , Bureau Trial Balance , Central Bank , Bureau Of Public Enterprise , Power Holding Company Of Nigeria , Power Holding Company , Commercial Banks , Public Enterprise , Senator Matthew Urhoghide , Edo South , Single Account , Trial Balance , Commercial Bank Accounts , Privatization Proceeds ,

Auditor Report: Senate uncovers N14.7bn proceeds of defunct PHCN allegedly hidden in Commercials Banks

Senate has exposed N14.7bn proceed of defunct Power Holding Company of Nigeria (PHCN) hidden in Commercial Banks by BPE ....

Matthew Urhoghide , Senate Public Accounts Committee , Central Bank , Bureau Trial Balance , Bureau Of Public Enterprise , Power Holding Company Of Nigeria , Power Holding Company , Public Enterprise , Senator Matthew Urhoghide , Treasury Single Account , Trial Balance , Commercial Bank Accounts , Privatization Proceeds ,

EXPOSED: Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks

EXPOSED: Bureau Of Public Enterprises Diverts N14billion PHCN Sales Proceeds Into Private Banks
This was revealed in the Auditor-General of the Federation 2017 report which added that the BPE diverted the money to some commercial bank accounts instead of remitting it into the CBN Privatisation Proceeds Accounts.
by SaharaReporters, New York
Dec 21, 2020
The Bureau of Public Enterprises, an agency of the Federal Government responsible for the sale and privatisation of public assets, has failed to remit over N14billion which is the proceeds of the privatisation of the Power Holding Company of Nigeria to the Central Bank of Nigeria.
This was revealed in the Auditor-General of the Federation 2017 report which added that the BPE diverted the money to some commercial bank accounts instead of remitting it into the CBN Privatisation Proceeds Accounts. ....

Revenue Audit Department , Bureau Of Public Enterprises , Bureau Trial Balance , Central Bank , Bureau Of Public Enterprise , Power Holding Company Of Nigeria , Public Enterprises , Federal Government , Power Holding Company , Public Enterprise , Trial Balance , Commercial Bank Accounts , Nigeria Privatization Proceeds , வருவாய் தணிக்கை துறை , பணியகம் ஆஃப் பொது நிறுவனங்கள் , பணியகம் சோதனை சமநிலை , மைய வங்கி , பணியகம் ஆஃப் பொது நிறுவன , பவர் வைத்திருத்தல் நிறுவனம் ஆஃப் நைஜீரியா , பொது நிறுவனங்கள் , கூட்டாட்சியின் அரசு , பவர் வைத்திருத்தல் நிறுவனம் , பொது நிறுவன , சோதனை சமநிலை , வணிகரீதியானது வங்கி கணக்குகள் ,