Risks
Due process may be grossly abused.
Total disregard to extant rules and regulations by Management can weaken the Internal Control System of the Commission.
Recommendations
(i) The MD/CEO should be sanctioned for breach of Public Procurement Act, 2007 and Financial Regulations meant to protect government interest.
(ii) The Managing Director should justify the over expenditure and misclassification of votes.
(iii) Acceptable explanation should be provided on the observations raise above; otherwise the total amount involved should be recovered and its particular forwarded to the Office of the Auditor-General for Federation for verification in accordance with Financial Regulation 3106.
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