[New post] ‘Audit verification’ Senate uncovers N14.7 billion PHCN privatisation fund hidden in secret account

Editor posted: "The Senate Committee on Public Accounts has discovered N14.7 billion in privatization earnings from the defunct Power Holding Company of Nigeria (PHCN) that the Bureau of Public Enterprises allegedly stashed in commercial banks (BPE). According to the re" New post on Freelanews 'Audit verification' Senate uncovers N14.7 billion PHCN privatisation fund hidden in secret account by Editor The Senate Committee on Public Accounts has discovered N14.7 billion in privatization earnings from the defunct Power Holding Company of Nigeria (PHCN) that the Bureau of Public Enterprises allegedly stashed in commercial banks (BPE). According to the report seen by Freelanews, the Committee chaired by Senator Matthew Urhoghide relied on the 2017 Auditor General's report […] Read more of this post Editor | January 11, 2022 at 9:44 am | Tags: N14.7 billion, PHCN, privatisation | Categories: News | URL: https://freelanews.com/?p=62456 Comment    See all comments Unsubscribe to no longer receive posts from Freelanews. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://freelanews.com/audit-verification-senate-uncovers-n14-7-billion-phcn-privatisation-fund-hidden-in-secret-account/