Police, Ministry Deny Receiving Sanusi's N19.7 Billion CBN Grant

Source: pointblanknews.com

The Inspector General of Police, Mr. Mohammed Abubakar and the Ministry of

Police Affairs have both denied ever receiving a N19.7 Billion from

suspended Governor of the Central Bank of Nigeria, CBN, Mallam Sanusi

Lamido Sanusi for Police Equipment.
Sanusi in his defense of the allegation of financial recklessness leveled

against him by the Financial Reporting Council, FRC, had said N19.7

Billion was released to the Ministry of Police Affairs for the purchase of

a Helicopter and other security equipment for the Police.

According to Sanusi in his defense, “consistent with our policy of

development, upon the instruction of His Excellency, the President, the

CBN intervened by paying N19.7bn to the Ministry of Police Affairs for the

purchase of armoured helicopters and other security equipment.”

But appearing before the House Committee on Public Accounts, the Police

denied ever receiving such amount. The Police Affairs Ministry had earlier

denied receiving the N19.7 Billion.
Represented by the Assistant Inspector General of Police, Air Wing, Mr.

Illesanmi Aguda, The IG said, the Police have “no knowledge” of any N19.7

Billion from the CBN through Sanusi.
The Police boss referred the House Committee to the Police Ministry but

the Chairman of the Committee; Mr. Adeola Olamilekan, said the Ministry

had already denied knowledge of any money from the CBN.

“If the IGP and the police ministry deny receipt of the said N19.7bn, then

the committee can rightly assume that the money is missing, until proven

“All the major actors involved in the alleged transaction including the

CBN have a case to answer.”
The Committee said it would invite the suspended CBN Governor and would

also want to meet the IG in person to ascertain the whereabouts of the

N19.7 Billion