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Audit report: How Agric College mismanaged N633m, by Senate

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Audit report: How Agric College mismanaged N633m, by Senate

The Senate Chamber

Senate Committee on Public Accounts has sustained the report of Auditor General of the Federation, AuGF, over alleged mismanagement of N633 million by the Federal College of Agriculture, Moore Plantation, Ibadan, the Oyo State capital.

Chairman of the committee, Senator Mathew Urhogbide (PDP Edo South), said the panel took the decision following the failure of the institution to appear and defend the allegation.

The queries are contained in the 2018 report of the AuGF submitted to the National Assembly.

The Senate panel, according to the chairman, disclosed that series of invitations were sent to the College authorities for appearance and presentation of defence or otherwise, none was honoured.

“Since they have been invited and have failed to appear, we are going to take the position of the Auditor General of the Federation on the Federal College of Agriculture, Moore Plantation, Ibadan.

“They have been sent reminder, they have up to 15 queries to respond to in the 2018 Auditor General’s report. The head of this agency know the consequences. If there is any refund in the queries, it must be made to the government purse,” Senator Urhoghide stressed.

The queries, according to available record, range from the payment of N59.8 million which could not be traced to the College’s store record, irregularities in the award of N23 million contract , non remittance of N97 million Internally Generated Revenue, award of contract to the tune of N32 million which above approved threshold, irregularities in the award of N193 million contract and N247 million payment without adequate supporting documents.

Others are payment vouchers of N22 million not presented for audit, payment of N1.2 million in violation of federal government e-payment policy, payment of N9 million for consultancy fee without due, non – deduction of statutory Value Added Tax, VAT and Withholding Tax of N4.4 million.

The College, however, reportedly failed to submit any response on the query which was issued five years ago.

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Audit report: How Agric College mismanaged N633m, by Senate

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