N2.1 Bn Worth Of Newly Printed N1,000 Notes Missing At Nigerian Minting Company

Date: 07-12-2012 5:24 pm (9 years ago) | Author: franel
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- at 7-12-2012 05:24 PM (9 years ago)
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«§» 7 December 2012

It is being reported that a whooping N2.1 billion of newly printed N1,000 notes has mysteriously gone missing from the Nigeria Security Printing and Minting Company (NSPMC).



According to Leadership, members of the board of NSPMC met yesterday at a meeting chaired by the Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, over the scandal rocking the establishment. At the meeting, they decided to expand the investigation and audit the production of other currency denominations to ascertain the quantity of money that has actually gone missing over the years.

Leadership further reported that the Chief Executive of the Mint Company Ehi Okomoyon, was asked to proceed on indefinite leave and an acting managing director, Ahmed Bamali, was appointed to head the Mint company. The suspension of Okoyomon as managing director is to last until all investigations have been concluded.

Also, the head of security at the NSPMC, Emmanuel Bala, has also been asked to go on compulsory leave by the board of directors of the company.

At the meeting, the board faulted the suspended MD for failing to disclose to it that such amounts of money had gone missing. The audit team had however, established that the theft of printed bank notes could be traced to security lapses and security personnel who take custody of newly printed bank notes, and when there were shortages, they were never reprimanded.

It won’t be out of place to say that Nigerians are simply tired of hearing such news of theft and corruption by people who are supposed to be custodians of the nation’s resources. We only hope that tangible results are gotten from the audit and suspension of the principal officers. N2.1 billion cannot just disappear into thin air.


Posted: at 7-12-2012 05:24 PM (9 years ago) | Hero
- micc at 7-12-2012 05:52 PM (9 years ago)
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Abeg who fit give me the contact of those guys that took the money. Because I will need some too o
Posted: at 7-12-2012 05:52 PM (9 years ago) | Hero
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- ela214 at 7-12-2012 06:00 PM (9 years ago)
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them don share th moni,cum dey mak noise.ndi oshi
Posted: at 7-12-2012 06:00 PM (9 years ago) | Gistmaniac
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- udenzeu at 7-12-2012 06:07 PM (9 years ago)
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Hhmmm!!! Campaigne fund; Sanusi for president 2015 under CPC platform. We are watching
Posted: at 7-12-2012 06:07 PM (9 years ago) | Gistmaniac
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- Ngeboju at 7-12-2012 07:21 PM (9 years ago)
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Naija too sweet.
Posted: at 7-12-2012 07:21 PM (9 years ago) | Upcoming
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- mary11 at 7-12-2012 07:38 PM (9 years ago)
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So wat?if a whole aeroplane fit lose 4 naija during obj time and they neva see am till today....then why re we now shouting abt dis small money wey fit lose under carpet???

Posted: at 7-12-2012 07:38 PM (9 years ago) | Hero
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- okuboye at 7-12-2012 07:44 PM (9 years ago)
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♓☺w can money dassapear!  9ja  γφυ too much
Posted: at 7-12-2012 07:44 PM (9 years ago) | Gistmaniac
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- okuboye at 7-12-2012 07:45 PM (9 years ago)
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♓☺w can money dassapear!  9ja  γφυ too much
Posted: at 7-12-2012 07:45 PM (9 years ago) | Gistmaniac
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- osarobo62 at 7-12-2012 07:49 PM (9 years ago)
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NIGERIA, WE HAIL THEE!!!!
Posted: at 7-12-2012 07:49 PM (9 years ago) | Hero
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- Activated at 7-12-2012 07:52 PM (9 years ago)
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If its a poor man that stole kobo they burn him alive on the street, what happens to these highly placed that steal millions
Posted: at 7-12-2012 07:52 PM (9 years ago) | Upcoming
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- Donboy2 at 7-12-2012 08:21 PM (9 years ago)
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did the money surdinly developed legs and ran away. Na wa ooooooooo
get inspired by visiting www.[/b]
Posted: at 7-12-2012 08:21 PM (9 years ago) | Upcoming
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- chicco77 at 7-12-2012 08:22 PM (9 years ago)
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men at work
Posted: at 7-12-2012 08:22 PM (9 years ago) | Addicted Hero
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- jamesbondchick at 7-12-2012 08:33 PM (9 years ago)
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U chop I chop nothing dey happen Cheesy

Posted: at 7-12-2012 08:33 PM (9 years ago) | Gistmaniac
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- zoe61 at 7-12-2012 08:41 PM (9 years ago)
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thieves they at it again milking the country dry
Posted: at 7-12-2012 08:41 PM (9 years ago) | Hero
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- Onyiloxy at 7-12-2012 09:06 PM (9 years ago)
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When will we start getting gud news instead of heart breaking news?
Posted: at 7-12-2012 09:06 PM (9 years ago) | Newbie
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- Noble12 at 7-12-2012 09:27 PM (9 years ago)
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God Iz Watchin!
Posted: at 7-12-2012 09:27 PM (9 years ago) | Gistmaniac
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- Senegal at 7-12-2012 10:16 PM (9 years ago)
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Ask CNB governor
Posted: at 7-12-2012 10:16 PM (9 years ago) | Hero
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- lee22 at 7-12-2012 10:19 PM (9 years ago)
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Rip naija
Posted: at 7-12-2012 10:19 PM (9 years ago) | Gistmaniac
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- dabattleaxe at 7-12-2012 10:40 PM (9 years ago)
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Quote from: udenzeu on  7-12-2012 06:07 PM
Hhmmm!!! Campaigne fund; Sanusi for president 2015 under CPC platform. We are watching

You got it right my brother, since the house stopped him from stealing through d new N10,000 not he decided to do it the other way round . Shege dan banza!
Posted: at 7-12-2012 10:40 PM (9 years ago) | Upcoming
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- dabattleaxe at 7-12-2012 10:42 PM (9 years ago)
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Quote from: Senegal on  7-12-2012 10:16 PM
Ask CNB governor

The MONEY is in his HOUSE.
Posted: at 7-12-2012 10:42 PM (9 years ago) | Upcoming
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