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PwC Audit Report: I Only Requested the Audit, I didn’t Hire the Auditor – Okonjo-Iweala

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Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala has cleared the air on the PriceWaterHouse Coopers audit report, the Minister in a statement said she only requested the audit, she didn’t hire the auditor.

In a statement signed by Paul Nwabuikwu, the minister’s media aide the Ministry said the report was proposed by the Minister “as the best way to get to the truth following the disagreement (and widely conflicting figures) between former CBN Governor (and current Emir of Kano) Malam Sanusi Lamido Sanusi and the NNPC over Sanusi’s allegation of unaccounted funds.”

The statement further stated that her proposal was accepted by the President and the Senate and the President directed the Auditor General to carry out the audit.

The statement read “The Auditor-General later appointed PwC to carry out the audit. Dr Okonjo-Iweala therefore respects the process which produced the audit. But requesting the audit is of course not the same thing as hiring the auditor. This was why we made it clear in our last press release on the suit filed against Dr. Okonjo-Iweala before a Lagos High Court by SIAO Partners alleging that she appointed PwC. We urge the relevant media to update their information based on this clarification.”

It has been previously reported that the Minister had had not disowned PriceWaterHouse Coopers.

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