A statement issued in Abuja on Friday, Lai Mohammed, said what has been released so far is the report of the audit covering the period 2011 to 2015.
According to him, the Committee would commence the audit of procurement from 2007 to 2010 as soon as the necessary documents are available.
The Minister said, “When the documents regarding procurement from 2007 to 2010 are available and scrutinized, the committee will then issue its report on that. The audit is being done on phases, and the report that was released on Thursday is the third of such.
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”No one should attempt to distract from the seriousness of the issues involved in this audit of defence equipment procurement. It is important to note that even though the total amount spent for procurement and operations within the period were N185,843,052,564.30 and $685,349,692.49, the irregularities in the awards ensured that the military did not get value for money, with very serious consequences.”