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Nairaland Forum / Nairaland / General / Politics / How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud (17336 Views)
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How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:05pm On Nov 01, 2018 |
About N3.5 billion was misappropriated in 2016 by the management of the National Assembly, an audit report has revealed. The monies were siphoned through various schemes such as failure to retire advances, financial documentation irregularities, excess payment for goods, controversial purchases and diversion of funds. These findings were contained in the 2016 annual audit report released by the Auditor General of the Federation. The report, released this year, noted how the agency failed to provide receipts, vouchers or contract documents for many transactions made in 2016. As Senate President, Mr Saraki heads the overall institution of the National Assembly. Some other key officials in the National Assembly with direct or oversight management responsibilities include the Speaker of the House of Representatives, Yakubu Dogara; Clerk of the National Assembly, Mohammed Omolori; Chairman of the National Assembly Service Commission, Adamu Fika; and Director General of the National Institute of Legislative Studies, Ladi Hamalai. Some of them were directly indicted n the report. INDICTMENT During the audit of the accounting records maintained at the National Assembly and its agencies, at the management section, under the General Services, it was revealed that capital account payment vouchers for amounts totalling N417 million (N417,312,538.79), raised for settlement of some contractors, were without vital supporting documents, ”a financial decision that depicts violation of Financial Regulation which provides that all vouchers shall contain full particulars of each service as to enable them to be checked without reference to any other document and will invariably be supported by relevant documents.” “The Clerk to the National Assembly, Mohammed Sani Omolori, should produce the supporting documents to the payment vouchers or recover the amount in question from the contractors,” the auditor ruled. Also, during the audit of staff salary accounts, 37 payment vouchers with amounts to N67 million (N66,713,355) were observed to have been paid between January and June, 2016 for items not related to personnel cost. The payees in the cashbook also did not correspond with those in the bank statement. This irregularity is a violation of Financial Regulation which states that “Expenditure shall strictly be classified in accordance with the estimates and votes must be applied only to the purpose for which the money is provided. Expenditure incorrectly charged to a vote shall be disallowed.” “The sum of N66,713,355.08 being irregular expenditure should be recovered from the officer who approved the payments from the personnel vote,” the auditor instructed. Review Of Expenditure During the review of documents of capital expenditure vote by the auditor, it was discovered that payments totalling N116 million (N116,162,522.60) were made between April and June, 2016 to some contractors for various jobs carried out, without raising payment vouchers. This contravenes the provisions of Financial Regulation which state that under no circumstance shall money be paid for services, for which a voucher has not been raised. ”The Clerk to the National Assembly should produce the payment vouchers for examination,” the report added. Also, a total sum of N57 million deducted from various contract payments in respect of Withholding Tax and Value Added Tax was without evidence of remittance to the tax authorities. The clerk was asked to produce the acknowledgement receipts from the Federal Inland Revenue Service for verification. He was stated, in the report ”to have ignored the auditor on these issues.” ‘Watery Documentation’ The general services account of the National Assembly was depleted by about N751 million on account of “watery financial documentations” and failure of staff to retire advances according to the report. In the documents, it was revealed that N625 million was granted to the Constitution Review Committee through four payment vouchers between March and June 2016. These were not supported with relevant documents and details of the expenses.READ MORE https://www.premiumtimesng.com/news/headlines/293579-how-national-assembly-mismanaged-billions-of-naira-through-illegal-expenditures-fraud-audit-report.html 8 Likes 1 Share |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:06pm On Nov 01, 2018 |
U Should Stop Calling Them House Of Assembly, Rather House Of Thieves. Simple. 65 Likes 6 Shares
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Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:06pm On Nov 01, 2018 |
i've never seen a fiercely corrupt national assembly than our own here in Nigeria.They know nothing but to loot and defraud.Kudos to Ex-CBN governor Sanusi Lamido and Sen. Shehu Sani for making it frank and transparent about what the National assembly is all about concerning mismanagement of public funds and illegal expenditure. 51 Likes 5 Shares |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:06pm On Nov 01, 2018 |
Since Ghana Must Go Disappeared From The Senate! A New Pattern Has Evolved.Why Is The Efcc Not Proactive To Investigate Such Allegations.This Is Whistle Blowing Also! 19 Likes 3 Shares |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by SarkinYarki: 5:17pm On Nov 01, 2018 |
Good we will also like to know how Buhari has mismanaged over 1.8 trillion Naira in illegitimate fuel subsidy regime 26 Likes 1 Share |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Racoon(m): 5:17pm On Nov 01, 2018 |
Executive legislative and juducial corruption.Who will now probe these criminals on both sides.EFCC, ICPC, police are all useless. 1 Like |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Naijaguy12345(m): 5:18pm On Nov 01, 2018 |
Saraki house of fraud, no wonder he want to be president knowing that's where the big money lies. 25 Likes 3 Shares
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Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:20pm On Nov 01, 2018 |
Racoon:We already know that before now ,our question is what is the work of ICPC,EFCC and other financial institutions to all these that have kept our economy in a recession for years ? 4 Likes 2 Shares |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:29pm On Nov 01, 2018 |
Naijaguy12345:Each time one hears about this massive theft of public funds, it is disheartening. Yet, there are clear cases of abject poverty and hardships everywhere in d country. This is heartlessness!!! 7 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Naijaguy12345(m): 5:34pm On Nov 01, 2018 |
ManirBK:Heartless leaders with blind followers. Same leaders get worshiped by the followers even with clear evidence of being corrupt. 17 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by hisgrace090: 5:35pm On Nov 01, 2018 |
Its a mistake calling them law makers you can rather call them treasure looters. 5 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:38pm On Nov 01, 2018 |
[quote author=SarkinYarki post=72599782] |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:38pm On Nov 01, 2018 |
SarkinYarki:Bross u have a point, but the issue is dat this is democracy and there should be no interference in both arm of the govt , the president has little power on this , the problem of this country is d the NASS and the Judiciary , a system where the president take home 2m and a senator get almost 25m , a system where we have over 108 senators and 380 reps member working only for two weeks and going on holiday for two months! very annoying! 29 Likes 6 Shares |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by comos: 5:38pm On Nov 01, 2018 |
Buhari stole more than all of them combined 3 Likes 1 Share |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by jumper524(m): 5:39pm On Nov 01, 2018 |
believe me, no current senator deserves a return.. 5 Likes 1 Share |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:42pm On Nov 01, 2018 |
comos:Sir, it's tym to dust your government textbook nd read up separation of power? 14 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Racoon(m): 5:43pm On Nov 01, 2018 |
ManirBK: Ask Buhari.He holds the undisputed record of putting Nigeria into recession on two occasion.Meanwhile all these supposed agencies of govt.have been infected with the APC bug under this regime hence useless & contributing to the system rot. |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:44pm On Nov 01, 2018 |
jumper524:But on a serious note, why should one Senator alone bag over N13m as monthly salary in a country where over 88,000,000 people are leaving below poverty line! 2 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Strangebuttrue(m): 5:47pm On Nov 01, 2018 |
Allah akbomb |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by googlepikins: 5:47pm On Nov 01, 2018 |
Why is Premium Times not giving us news about GandujeDollar gate? 4 Likes 1 Share
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Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Teewhy2: 5:47pm On Nov 01, 2018 |
WhaT i don't even enjoy at all is the way they budget for furnitures every year, do they change the furniture in their house the way they collect those monies. 2 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by zombieTRACKER: 5:48pm On Nov 01, 2018 |
Can't this country scrap this NASS They are doing nothing especially the reps Restructuring is the way to go... We need to get things right 5 Likes 1 Share |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Patrioticman007(m): 5:49pm On Nov 01, 2018 |
ManirBK:. Your statements are facts. 4 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ManirBK: 5:49pm On Nov 01, 2018 |
Strangebuttrue:Unless money given to this so-called assembly is reduce then Nigeria will be better. |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by zombieTRACKER: 5:50pm On Nov 01, 2018 |
ManirBK: Labour is begging for 30,000 It's inhumane... We need to support restructuring... The foundation is faulty.. It's not about Buhari or Jonathan.. They can't do anything about it.. 7 Likes 1 Share |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Lovetoglory(m): 5:50pm On Nov 01, 2018 |
comos:where is your evidence? if you are so sure of what you are saying, present your evidence to the reading public 3 Likes |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by LOWPEAK: 5:51pm On Nov 01, 2018 |
Bunch of Greedy hungry Thieves... 1 Like |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by Racoon(m): 5:51pm On Nov 01, 2018 |
ManirBK:And what about the executive corruption Guess others seem to copy from it. https://www.dailyvibes.com.ng/missing-n91trn-oil-revenue-reps-summon-nnpc-gmd-2-firms/ |
Re: How NASS Mismanaged Billions Of Naira Through Illegal Expenditures, Fraud by ednut1(m): 5:51pm On Nov 01, 2018 |
Its beta we outsource governance or apply for recolonisation 1 Like |
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