Missing $20bn ‘I have nothing to hide,’ Jonathan responds to Buhari probe remark

President Goodluck Jonathan has said that he has nothing to hide as regards the alleged missing $20 billion oil fund.

This comes after President-elect, Muhammadu Buhari stated that his administration would still probe the allegations of missing money despite an audit ordered by Jonathan.

Jonathan declared his innocence in the matter via a statement released by his media aide, Reuben Abati on Monday, April 27, 2015.

The statement reads in part:

“President Jonathan is also deeply concerned by the continuing suggestions that his administration still has anything to hide about the unproven allegation that about $20 Billion is unaccounted for by the NNPC during his tenure.”

“To lay the matter to rest, President Jonathan in line with Section 7(2) of the NNPC Act, has directed that the full report of the PWC Forensic Audit of the NNPC accounts be released immediately to the public so that all Nigerians will be properly informed on the matter.”

Jonathan had ordered an audit into the accounts of the Nigerian National Petroleum Corporation (NNPC) after former Central Bank Governor, Sanusi Lamido Sanusi claimed that the company had failed to remit $20 in oil funds into the Federation Account.

The audit, conducted by PriceWaterHouseCooper, however found that the missing sum was actually $1.48 billion.