Monday 28 April 2014

FG uncovers how Sanusi allegedly spent ₦1.3bn on charter planes in 2013 .........

Fresh trouble appears to be brewing for the
suspended Governor of the Central Bank of Nigeria
(CB₦), Mallam Sanusi Lamido Sanusi, as the Federal
Government has discovered how he spent the sum
of ₦1.3 billion for personal aircraft charter in 2013
alone.
Indeed, investigations revealed that the budget for
the CBN governor's aircraft charter was adjusted
twice in the year with a proviso for further expenses
which are being investigated.
Documents already in the possession of government
investigators confirmed that while the sum of ₦800
million was initially approved in the CBN Governor's
Department Travels vote head for 2013, it was
adjusted with additional ₦400 million in August and
another ₦74 million in December of that year.
While the aircraft charter bill at a stage stood at
₦1.2 billion, further adjustment was said to have
been made to take the bill to ₦1.344 billion.
A memo dated November 27, 2013, which
originated from the Director, Governor's Department
of the CBN, had indicated that a single aircraft
charter was to cost the CBN governor the sum of
$25, 500.
The memo indicated that the CBN governor was to
attend an urgent meeting with the president in
Abuja on November 28, 2013 and that the sum
would defray the cost of aircraft charter for that trip.
Also on December 27, 2013, the Management of
CBN approved the sum of ₦74,768,479.05 (seventy
four million, seven hundred and sixty eight
thousand, four hundred and seventy nine naira and
five kobo only) as additional payment for
outstanding aircraft charter bills for the year 2013.
It was confirmed that the aircraft charter charges
were different from the general costs incurred by
the CBN on movement of cash by aircraft from one
section of the country to the other.
A source stated that the CBN governor's department
deal mainly with issues that affect the CBN governor
directly.
It was also confirmed that the CBN had estimated a
monthly budget of ₦95 million for aircraft charter for
the governor in 2013, based on past trends.
A memo from the Director, Governor's Department
dated December 24, 2013 explains the bills on
chartered aircraft.
The memo, addressed to Deputy Governor (CS), with
the subject "request for payment of outstanding
bills: Chartered aircraft- ₦74,768,479.05 from
General Provisions Account," explained that while
the Bank had estimated that the CBN governor
would spend ₦95 million monthly on aircraft charter,
the trend towards the end of 2013 changed as a
result of frequent local and international trips by the
governor.
Sent From David Aniemeka

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