Skip to main content

Nigerian Senate Blocks Auditors From Verifying N1.3bn Spent On Capital Items

The Nigerian Senate refused to grant access to auditors from the Office of the Auditor-General of the Federation who came to verify over N1.3billion claimed to have been spent on capital items supplied to the National Assembly, SaharaReporters can confirm.

The management of the National Assembly told the auditors that some sections of the stores were under renovation and, therefore, the auditors could not gain entry to verify the capital items said to have been bought.


These were contained in the Auditor-General of the Federation Report for 2017, the latest to be released, on the auditing of the Senate Account.

The report, obtained by SaharaReporters, noted that the Clerk of the National Assembly must account for the total sum of N1,364,816,397.95 and the details be forwarded to the AuGF office for confirmation. 

It was not clear whether the National Assembly official had made the stores available for inspection since the directive was given.

The AuGF report said, “During the audit of the accounts and other related records maintained by the Senate, it was observed that; issue one – Verification of capital items supplied and executed for the National Assembly totalling N1,364,816,397.95 proved unsuccessful as auditors were denied access to the store and its records. 

“The Risk – This charge implies that public funds may be diverted for unappropriated purposes and the value for money not ascertained from these expenditures. The recommendation is that the management response to the store being under renovation at the time of audit is not acceptable; hence, I cannot accept this expenditure as a valid charge against public funds. 

“The Clerk of the National Assembly is required to account for the total sum of N1,364,816,397.95. Details should be forwarded to my office for confirmation.”

The report also raised questions about payment vouchers for projects of the National Assembly totalling N673million which were not made available to the auditors.

“Issue 2; Payment vouchers amounting to N235,748,563.14 for the period April to June 2017; and N437,332,679 for the period July to October 2017 were not produced for audit. The risk is that it is difficult to certify such payment as legitimate charges on public funds; as the total sum of N673,081,242 may have been misappropriated.

“The recommendation is that the sum of N673,081,242.14 should be recovered by the Clerk of the National Assembly and paid back to the Treasury; evidence of recovery should be forward to my office,” it added.

Politics

News

AddThis

Original Author

SaharaReporters, New York

Disable advertisements

from 24HRSNEWS
via 24HRSNEWS



from EDUPEDIA247https://ift.tt/38Gbhk9
via EDUPEDIA

Comments

Popular posts from this blog

Nigerian Academy Of Science Inducts First Female President

The Nigerian Academy of Science has inducted a professor of Parasitology/Epidemiology, Ekanem Ikpi Braide, as its 19th President on Thursday. In a statement issued by Oladoyin Odubanjo, the Executive Secretary of the Academy, Braide is the Academy’s first female President in 44 years of existence. It read, “Braide was a member of the national committee that achieved the laudable feat of guinea worm eradication in Nigeria. “She has a rich professional experience as a researcher and an administrator. In July 2010, Professor Braide was honoured by the President of Nigeria with the award of Officer of the Order of the Federal Republic (OFR) for her contribution to disease control in Nigeria. “She was nominated by the Honourable Minister of Health to serve in the Ministerial Expert Advisory Committee on COVID-19 Health Sector Response (MEACoC-HSR). “Professor Braide served as Vice-Chancellor, Cross River University of Technology (CRUTECH) Calabar, Nigeria (2004 to 2009) and as P...

NLNG Signs Letter Of Intent On Delayed Gas Expansion Project

The Nigerian Natural Liquefied Gas LTD has signed a letter of intent for the engineering, procurement and construction of its long held up Train Seven project. In a statement released by the company on Wednesday, it said that the $10bn project will be executed by a consortium of Italian firm Saipem, Japan’s Chiyoda and South Korea’s Daewoo. The statement reads, “The project will form part of the investment of over $10bn including the upstream scope of the LNG value chain, thereby boosting the much needed Foreign Direct Investment profile of Nigeria.” Managing Director of NLNG, Tony Atta, said in 2018 that the Final Investment Decision would be made in the fourth quarter of that year. This did not however, materialize. According to the release, the project will have a four to five-year execution time after the signing of the FID. The project is expected to add an extra 8 million tons per annum of gas to the 22 mtpa currently exported by the company. Oil News AddThis :...

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...