Tag: OAGF

“PFIPC has no operational CBN account” – Acct.-General’s office 

Aminu Imam
Acct. Gen's office on PFIPC

The Office of the Accountant-General of the Federation (OAGF) has denied claims that the disputed Presidential Foreign Intervention Promotion Council (PFIPC) opened an operational account with the Central Bank of Nigeria (CBN), contradicting an earlier Presidency statement. Recall that Presidential spokesman Bayo Onanuga had said Prince Adeniyi Adeyemi, who allegedly posed as PFIPC Director-General, used forged documents to mislead the OAGF into opening a CBN account, though no public funds were paid into it. “The Police found that Adeyemi, using the fake documents he created, fraudulently opened a CBN account…

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ICPC grills OAGF, CBN officials over missing $3.4bn IMF loan

Aminu Imam

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has questioned two officials of the Central Bank of Nigeria (CBN) and one from the Office of the Accountant-General of the Federation, (OAGF), over $3.4 billion loan allegedly granted to Nigeria by the International Monetary Fund, (IMF). Reports confirmed that the anti-graft agency has also invited another set of officials from the Federal Ministry of Finance for interrogation. Recall that the Socio-Economic Rights and Accountability Project (SERAP) has approached the court over what it alleged as the failure to probe…

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