PricewaterhouseCoopers, a Global Big-Four Audit and Second Largest Professional Services Firm on Monday presented the Forensic Audit report on the Nigerian National Petroleum Corporation (NNPC) to President Jonathan at the Villa.
The report has been most anticipated as several probes and allegations have been leveled against Jonathan’s administration with regards to management of the Petroleum Sector under Diezani Allison-Madueke.
The PWC report has dispelled the false allegations about missing figures and identified lapses in the sector while addressing the misconceptions in the industry.
President Goodluck Jonathan has directed the Auditor-General of the Federation, Mr. Samuel Ukura, to look into the NNPC Forensic Audit Report that was submitted to him today with a view to coming up with major findings to the government within the week.
In his remarks, Jonathan thanked the firm for a professional job consistent with their global reputation and promised to act upon the recommendations, he said:
“I am quite pleased that you have taken a forensic audit. I will give it to the professionals, the auditor-general of the federation, so that within the week we will get the key findings”
“It will help us, it will help this country to set things right. We will handle it decisively based on the information that we have.
“Based on the preliminary information, Nigerians need not be so scared about the kind of stories that we hear.’’
He described the report as “a precious document’’ which could be used as future reference material to improve operations in the oil industry and for academic purposes.
President Jonathan agreed on the need for a reform of the Petroleum Industry as he suggested that the passage of the PIB into law will do the country a lot of good.
Country Senior Partner of PricewaterhouseCoopers, Mr. Uyi Akpata remarked that the PWC group was pleased to have undertaken the important audit assignment and hopes that the report proves useful towards the implementation of reforms in the Petroleum Sector.
– See more at: http://www.thewhistleng.com/truth-at-last-pwc-submits-forensic-audit-report-on-nnpc-to-president-jonathan/#sthash.bRiW0B1Y.dpuf
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Truth at Last! PWC submits Forensic Audit Report on NNPC to President Jonathan
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