Nigeria Law
The Ledger

Missing2014· $20 billion (claimed)

NNPC unremitted oil receipts (Sanusi disclosure)

Central Bank Governor Sanusi Lamido Sanusi: $20 billion in oil sales unaccounted for. PWC audit later confirms $1.48 billion shortfall, with disputed methodology around the remainder.

CBN Governor Sanusi's letter to President Jonathan alleged $20 billion in unremitted NNPC receipts. He was suspended in February 2014. The PwC forensic audit (2015) confirmed a $1.48 billion direct shortfall and questioned a further $18 billion in opaque arrangements.

Sources

  • · CBN Governor's letter, 25 September 2013
  • · PwC Forensic Audit of NNPC (2015)
Methodology

Tier 1 · primary

Courts. Gazettes. National archives.

Tier 2 · corroborating

OCCRP. HRW. BudgIT. TheCable.

Redline

Wikipedia is never a source.