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Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud (513 Views)

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Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by Trending01: 7:07am On May 23, 2019
These are not the best of times for the Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, as an audit report conducted by the Auditor-General’s office has allegedly indicted the her for various questionable transactions.

READ MORE: https://www.witnessngr.com/audit-report-indicts-npa-md-hadiza-bala-usman-of-n20bn-contract-fraud/

Part of the recommendations include that the Bala-Usman-led NPA should refund about N5.18 billion to the Federation Account for various unreconciled transactions.

Investigation shows how spending under Hadiza Usman keeps rising even as the NPA flunks its audit.

The fraud which runs into billions of naira was uncovered by an ‘audit query’ of activities of the NPA between 2016 and 2018, Per Second News gathered.

The Auditor General’s Office concluded, however, that the NPA’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible.

READ MORE: https://www.witnessngr.com/audit-report-indicts-npa-md-hadiza-bala-usman-of-n20bn-contract-fraud/

The office of the Auditor General of the Federation also came hard on the NPA boss for gross “betrayal of public trust” as demonstrated by her flagrant abuse for due process in the way and manner she runs the agency, citing documents obtained by this newspaper.

Highlights of the damning report from the office of the Auditor General of the Federation include her refusal to remit VAT deductions running into billions of naira and in foreign currency denomination to the Federal Inland Revenue Service.

For instance, the query highlighted unremitted deduction to Federal Inland Revenue Service (FIRS) to include N3,667,750,470. $148,845,745.04, Euro 4,891,449.50 and £252,682.14.

The NPA under Hadiza Bala Usman was also accused of” excessive increase in administrative operational expenses” extra budgetary expenditures on hotel accommodation and under disclosure of expenditures on hotel expenses”, Corporate social Responsibility Projects, diversion of funds through the Nigerian Port Today, to the sponsorship of National Assembly Programmes, amongst other.

READ MORE: https://www.witnessngr.com/audit-report-indicts-npa-md-hadiza-bala-usman-of-n20bn-contract-fraud/

Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by Baba419(m): 7:09am On May 23, 2019
This can't be true

She was personally hand picked by Mr Integrity
Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by dokyOloye: 7:10am On May 23, 2019
This will be quietly swept under d carpet as usual.

1 Like

Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by daddytime(m): 7:16am On May 23, 2019
These are some of the more important (VIP) animals in the farm called Nigeria.

If you know wharamean say aye...the ayes have it..

1 Like

Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by bluemansion: 7:19am On May 23, 2019
Hmmmm
Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by fukushaki(m): 7:22am On May 23, 2019
grin
Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by Nobody: 9:26am On May 23, 2019
One moment she is championing "Chibok girls" everyone thinks she is empathetic to the plight of the common man, next moment she is alleged to have stolen N20bn...

This country is just mad..

1 Like

Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by delpee(f): 9:46am On May 23, 2019
Really? This is so strange in this integrity era and considering that she's a human rights activist.
Re: Audit Report Indicts NPA MD, Hadiza Bala-usman Of N20bn Contract Fraud by coolzeal(m): 9:59am On May 23, 2019
This country is mad, in fact everybody is mad. Imagine 20billion(55million dollars) gone just like that and this case will be swept off the carpet with ease. And this is just one agency amongst the bunch. EFCC, where art thou?

1 Like

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