The panel’s Head, Media and Communication, Ms Lucie-Ann Laha, in a statement quoted its chairman Mr Okoi Obono-Obla, as making the disclosure during a meeting with Prof. Muhammad Al-Amin, the Managing Director of Federal Housing Authority .The the money is said to be part of the 232 million dollars unremitted to the Federal Government’s Treasury Single Account by an unnamed agency.
He said that “While investigating illegal charges and deductions by commercial banks from 2009 to 2015, the panel had inadvertently stumbled upon 232 million dollars deposited in a commercial bank by a government agency. Obono-Obla said that the bank in question had owned up to the impropriety and agreed to pay back the money in installments of 10 million dollars per month.He added that as demonstration of good faith, the bank had paid an initial 20 million dollars to the Panel’s TSA Recovery Account domiciled with the Central Bank of Nigeria .
Obono-Obla, who re-echoed President Muhammadu Buhari’s position that corruption would always fight back, assured FHA’s Managing Director of the Panel’s commitment to deliver on its promise.
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