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Emefiele meets Senate today on alleged missing $9.5m PPT fund


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Sunday Aborisade, Abuja
The Governor of Central Bank of Nigeria, Godwin Emefiele, is expected to lead top management staff of the Central Bank of Nigeria to the Senate today (Tuesday).
They are expected to explain details of the alleged missing $9.5m interest which accrued from Petroleum Profit Tax investment.
They will appear before the Senate Public Account Committee to explain the alleged disappearance of the principal sum deposited, the tenor and rate of interest.
The Chairman of the Senate panel, Senator Mathew Urhoghide, had while scrutinising the 2016 auditor-general’s report last week, declared that details of the PPT investment were shrouded in secrecy, ....

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