{"id":24693,"date":"2014-03-25T21:14:02","date_gmt":"2014-03-25T20:14:02","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=24693"},"modified":"2014-03-25T21:17:35","modified_gmt":"2014-03-25T20:17:35","slug":"police-ministry-deny-receiving-sanusis-n19-7-billion-cbn-grant","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/police-ministry-deny-receiving-sanusis-n19-7-billion-cbn-grant\/","title":{"rendered":"Police, Ministry Deny Receiving Sanusi\u2019s N19.7 Billion CBN Grant"},"content":{"rendered":"<p>The Inspector General of Police, Mr. Mohammed Abubakar and the Ministry of<br \/>\nPolice Affairs have both denied ever receiving a N19.7 Billion from<br \/>\nsuspended Governor of the Central Bank of Nigeria, CBN, Mallam Sanusi<br \/>\nLamido Sanusi for Police Equipment.<\/p>\n<p>Sanusi in his defense of the allegation of financial recklessness leveled<br \/>\nagainst him by the Financial Reporting Council, FRC, had said N19.7<br \/>\nBillion was released to the Ministry of Police Affairs for the purchase of<br \/>\na Helicopter and other security equipment for the Police.<\/p>\n<p>According to Sanusi in his defense, \u201cconsistent with our policy of<br \/>\ndevelopment, upon the instruction of His Excellency, the President, the<br \/>\nCBN intervened by paying N19.7bn to the Ministry of Police Affairs for the<br \/>\npurchase of armoured helicopters and other security equipment.\u201d<\/p>\n<p>But appearing before the House Committee on Public Accounts, the Police<br \/>\ndenied ever receiving such amount. The Police Affairs Ministry had earlier<br \/>\ndenied receiving the N19.7 Billion.<\/p>\n<p>Represented by the Assistant Inspector General of Police, Air Wing, Mr.<br \/>\nIllesanmi Aguda, The IG said, the Police have \u201cno knowledge\u201d of any N19.7<br \/>\nBillion from the CBN through Sanusi.<\/p>\n<p>The Police boss referred the House Committee to the Police Ministry but<br \/>\nthe Chairman of the Committee; Mr. Adeola Olamilekan, said the Ministry<br \/>\nhad already denied knowledge of any money from the CBN.<\/p>\n<p>\u201cIf the IGP and the police ministry deny receipt of the said N19.7bn, then<br \/>\nthe committee can rightly assume that the money is missing, until proven<br \/>\notherwise.<\/p>\n<p>\u201cAll the major actors involved in the alleged transaction including the<br \/>\nCBN have a case to answer.\u201d<\/p>\n<p>The Committee said it would invite the suspended CBN Governor and would<br \/>\nalso want to meet the IG in person to ascertain the whereabouts of the<br \/>\nN19.7 Billion<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Inspector General of Police, Mr. Mohammed Abubakar and the Ministry of Police Affairs have both denied ever receiving a N19.7 Billion from suspended Governor of the Central Bank of&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":24694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-24693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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