The committee, therefore, summoned the Minister of Finance and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala, the Accountant General of the Federation, Mr Jonah Otunla, Auditor General of the Federation, Mr Samuel Ukura and the Director General, Budget Office, Dr. Bright Okogwu to appear before the committee to explain what happened to the money.
It specifically asked the DG budget office to come with the memo showing the request for the missing N24 billion, and also asked First Bank Plc to present details of the transaction.
Mayshak had explained that she was not around when the money was released as she just resumed to manage the newly established PTAD.
“We have no evidence, we have no record. It just looks bad on our part. We rather tell you the truth or make it up,” she said.
On his part, the Internal Auditor of the Pension office, Mr Adeyemo Julius Adebolu, stated that the N24 billion was received by the Pension office for the payment of pensioners in 2010.
He told the committee that when the money was released, he advised the office to lodge the money in a First Bank account.
According to him, after the lodgement, he was not carried along on further disbursement of the money to pensioners.
Adebolu also told the committee that a consulting firm was contracted to disburse the pension fund, instead of the staff of the police pension office.
He added that he was not involved in the auditing process of the account.
Chairman of the committee, Hon. Solomon Adeola Olamilekan, said “I am taken aback, because what you are telling us is that, service wide vote is a slush account, it is an account that is used to settle the boys”.
He advised all government officials invited to be prepared to answer grilling questions on the missing fund when they appear.
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