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The House of Representatives Public Accounts Committee (PAC) has given the management of the 17 subsidiaries of the Nigeria National Petroleum Corporation (NNPC) a 7-day ultimatum within which to appear before it over the non-rendition of the financial accounts of the affected agencies over the years to the office of the Accountant General of the Federation.
The Chairman of the Committee, Hon Busayo Oluwole Oke, (PDP-OSUN) who gave the order on Friday following the absence of the Managements of the Agencies at the resumed investigative hearing on the queries raised against the Ministries, Departments and Agencies (MDAs) of the Federal Government on non-rendition of their financial accounts, declared that failure to appear before the Committee would lead to the issuance of bench warrant of arrest against them. ....

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