Handover main points of recovered COVID-19 finances, Reps inform EFCC, ICPC



Handover main points of recovered COVID-19 finances, Reps inform EFCC, ICPC

The Space of Representatives has referred to as at the Financial and Monetary Crimes Fee and the Isolated Corrupt Practices and Alternative Matching Offenses Fee to get well the monies allotted to Federal Govt Ministries, Segment and Businesses to take on the coronavirus pandemic which ravaged the arena a couple of years in the past.

The verdict adopted the receipt of the record of the Committee on Nation Accounts on a movement regarding the alleged mismanagement of COVID-19 Intervention Price range dispensed to a couple Ministries, Sections, and Businesses from 2020-2022.

The record was once laid on Thursday prior to the Space through the Chairman, Space Committee on Nation Accounts, Mr Bamidele Salam.

Recall that on June 11, 2024, the committee submitted the primary a part of the record which visible a path of mismanagement, non-compliance, and outright violations of procurement regulations and fiscal laws through diverse MDAs and personal sector beneficiaries.

The record which quoted information from the Place of business of the Accountant-Common of the Federation, gave a breakdown of inflows totalling N1.32tn.

Date giving a breakdown of the record on Thursday, Salam disclosed that the record is a results of paintings executed in collaboration with diverse Ministries, Sections and Businesses of Govt.

Adopting the advice of the committee, the Space mandated the EFCC and ICPC “To provide comprehensive information on funds recovered from MDAs on COVID-19 intervention funds to the Public Accounts Committee and the House Committee on Finance.”

The Space additionally directed the Place of business of the Accountant Common of the Federation to lend proof of remittances/mop-up of unspent finances on COVID-19 intervention finances from MDAs.

The Space “strongly cautions all Chief Accounting Officers of MDAs, Medical Directors of Medical institutions, Directors of Finance and Accounts or Bursars with their Tender Board Members to stop awarding contracts above their statutory threshold and ensure they always obtain BPP approval for future procurements, in line with relevant extant laws.”

Later laying the record, the Deputy Speaker, Benjamin Kalu who presided over the plenary upcoming Speaker Tajudeen Abbas left the chambers, referred the report back to the Committee of the Entire and followed the suggestions.

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