Audit observed that a total of N4,420,684.00 was paid to two Board members of the Fund vide Payment Voucher No. 08235 of 26th August, 2013 as refund of Out-of-Pocket Expenses (OPE) incurred on estacode and return air tickets by the (2) two Board members who claimed to have attended ILO Conference in Geneva, Switzerland on 27th June, 2013 to 8th July, 2013.
However, the retirement voucher was not supported by documentary evidences of actual expenditure to substantiate their claims. It was also noted that the payment was necessitated by an urgent directive by the MD/CE dated 17th September,2013, mandating the Assistant General Manager/Corporate Affairs to compute two (2) weeks estacode and air-ticket for the board members without any document to substantiate their attendance of the Conference in Geneva. In view of the lack of these documentary proofs, the payment could not be accepted as legitimate charge against against public fund.
The Fund claimed during exit conference that the beneficiaries were two old Board members and so the documents could not be retrieved.
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