Status
Reported
Assembly
Senate
Opened
By 28 February 2007 (earliest dated report)
Assembly term
5th National Assembly (2003–2007)
Committee
Not stated in the record
Sum at issue
US$145 million
Subject
Spending and misuse of funds
Without a report for
Not applicable
The Senate set up an ad hoc committee to investigate claims and counterclaims over the Petroleum Technology Development Fund (PTDF), including an allegation that Vice President Atiku Abubakar diverted US$145 million of the fund to private companies. The committee concluded that both President Olusegun Obasanjo and the Vice President acted in disregard of the law establishing the fund. No sanctions are known to have followed.
PTDF
What the record shows
- 28 February 2007Earliest dated press report of the probe.
- 28 February 2007The Senate committee reported that both the President and the Vice-President had acted in disregard of the law establishing the Petroleum Technology Development Fund.
A committee report was presented or adopted. What became of its recommendations is shown where the record shows it. Know of a report, hearing or outcome missing here? Send a correction.