Following the buzz greeted as a result of the missing $20b oil money, the executive summary of the findings of the audit report unedited as submitted to the federal government by PWC has been made available to the public.

It would be recalled that the PricewaterhouseCoopers (PwC) left many topsy-turvy when it recently came out to disclose that its the forensic audit report of the Nigerian National Petroleum Corporation on the allegedly missing $20 billion oil money, are not 100% reliable.

But in a move to prove its innocence, President Goodluck Jonathan ordered the much anticipated report release saying his administration had nothing to hide regarding the matter.

However, based on the information provided by the PwC, it is believed that the NNPC Act gives it a “Blank” cheque to spend without limit or control.

This has been revealed in a report published by Vanguard.

Read full details here

READ MORE: http://www.naij.com/430120-how-nnpc-act-gives-it-a-blank-cheque-to-spend-without-limit-pwc.html