The House of Representatives Committee on National Security and Intelligence has revealed that another $202 million belonging to the National Intelligence Agency (NIA) is unaccounted for.

The Committee headed by Mr. Aminu Sani-Jaji (APC, Zamfara State) which had also investigated the $43 million which the Economic and Financial Crimes Commission (EFCC) discovered at a luxury apartment in Ikoyi, Lagos State also called on the anti-graft agency to recover the missing funds.

The Committee’s report also recommended that the Governor of the Central Bank of Nigeria, Godwin Emefiele be sanctioned for refusing to cooperate with the committee during the course of their investigations.

The report indicated that the NIA collected a total sum of $289 million as intervention funds during the administration of former President Goodluck Jonathan, when the sacked Mr Ayo Oke was its Director- General.

The panel stated that out of the money, $43 million was recovered by the EFCC, $44 million transferred by the NIA to another location for safe keeping, while the balance of $202 million could not be traced as all the actors could not provide useful answers to the committee.

“That the whereabouts of the remaining $202 million should be further investigated. That the Central Bank of Nigeria Governor should be sanctioned and reprimanded for refusing to appear before the committee in clear contravention of Section 89 (i) (a) (b) and (c) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended),” the report said.

It added: “That all intervention funds given in the last administration (under Jonathan) to the intelligence agencies should be further investigated and that the Director of Accounts and Finance, Abubakar Deridisu, who by the findings of this committee is evidently not culpable, is recommended to be reinstated.”