Tuesday, September 22, 2015

Video - $700 million missing from Nigeria sovering wealth fund

A row has broken out among Nigerian officials over the whereabouts of 700 million dollars allegedly stolen from the country's sovereign wealth fund. Set up by former President Goodluck Jonathan's administration in 2012, the account was designed to hold excess revenue accrued when oil prices are high.

Related story: Former Nigeria Central Bank Governor Lamido Sanusi comments on audit that proves missing $18.5 billion

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