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U.S. Navy: Commendation, award as Lt. Agunbiade ‘managed millions of dollars with exemplary accountability, zero discrepancies’

Freedom Reporter by Freedom Reporter
July 25, 2020
in Breaking News, News
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For managing its Overseas Cash Disbursement Office very well, the United States (U.S.) Navy has given an award to Lieutenant Victor Agunbiade, a Nigerian.
$45 million (N17,378,550,000) and $23 million (N8,882,370,000) passed through Agunbiade and not a cent missed, was misappropriated or embezzled.

U.S. Navy: Commendation, award as Lt. Agunbiade 'managed millions of dollars with exemplary accountability, zero discrepancies'
A worthy ambassador

Agunbiade was commended for this accomplishment and was awarded the Navy and Marine Corps Development Medal for his exemplary accountability.
The Navy said while serving as Disbursing Officer, Comptroller Department, Camp Lemonnier Djibouti from October 2019 to July 2020, Agunbiade managed $45 million (N17,378,550,000) in cash transaction well.
U.S. Navy: Commendation, award as Lt. Agunbiade 'managed millions of dollars with exemplary accountability, zero discrepancies'
Agunbiade with two of his colleagues

According to the Navy, the money accounted for approximately 70 per cent of its overseas disbursing volume.
The institution added that the Nigerian also maintained 100 per cent accountability of $23 million (N8,882,370,000) among six rigorous inspections and independent audits with zero discrepancies.

Tags: U.S. Navy: Commendation award as Lt. Agunbiade 'managed millions of dollars with exemplary accountability zero discrepancies'
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.