NLNG Owing Macobarb N5.07bn, Forensic Auditor Tells Court …C0NTINUE READING HERE >>>
A professor of Forensic Accounting and Auditing, Professor Yohanna Jugu, has told a Rivers State High Court, sitting in Port Harcourt, how the Nigerian Liquefied Natural Gas Limited (NLNG), came about owing N5.074billion to an indigenous contractor, Macobarb International Limited.
Jugu, who is senior partner at W.J Jugu & Co, Jos, told Justice Chinwendu Nwogu that he (the expert) worked out the indebtedness from the contract document and performance history of number B130142PPI (Access control contract) awarded by the NLNG to Macobarb in 2014.
He told the court that he relied on Sections…
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