BPE not part of DISCOS decision to ask court to stop forensic audit

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THE Bureau of Public Enterprises is not opposed to the planned forensic audit of the power companies in Nigeria by the Federal Government and therefore, not part of the decision by the 11 power Distribution Companies, Discos, to seek court redress to stop the Nigerian Electricity Regulatory Commission, NERC, from interfering in their corporate activities.

Alex A. Okoh, director general of the Bureau, in a statement personally he signed and copied the executive chairman of NERC on Friday, May 29, said “BPE was not consulted and was not part of this action”.

The statement which was made available to Realnews reads in part: “For the avoidance of doubt, the Bureau wishes to inform NERC that there was never a time when the Boards of the Discos neither discussed any of these matters nor decided to oppose the forensic audit or any of such matter.

“Please, note that the Bureau was not consulted and is not part of this action; and therefore is not opposed to the forensic audit being planned by the Federal Government”.

Realnews  recalls that 11 Discos have gone to court to restrain the NERC from interfering in their corporate activities as well as stop the Transmission Company of Nigeria, TCN, and the National Economic Council, NEC, from what they described as undue interferences in the activities.

In addition, the Discos are seeking to restrain NERC from sending forensic auditors to their respective companies.

– May 29, 2020 @ 19:55 GMT /

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