The Senate has quizzed the Accountant-General of the Federation AGF, Idris Ahmed, over the identity of a lawyer who collected 4 million dollars as payment for the professional fees for the management of Excess Crude Account.
Chairman of Senate Committee on Finance, Adeola Olamilekan, who demanded the identity of the lawyer during an interactive session with the AGF, said that the committee would want him to furnish members with the identity of the lawyer who collected 4 million dollars from excess crude as consultancy fee.
Ahmed had earlier furnished the committee on how the 325 million dollars in Excess Crude Account was depleted to 71.8 million dollars.
He said that the balance in the account as of January 2020 was 325 million dollars, from which the National Economic Council NEC agreed to invest 250 million dollars into Nigeria Sovereign Investment Authority and 4 million dollars was paid as a professional fee to an unknown lawyer.
