Audit observed that between year 2013 and 2014, amounts totalling N1,399,524,563.21 were paid to different contractors/consultants for different services claimed to have been rendered. However, efforts made to get the contract documents and the payment details that would have assisted in knowing the type of services rendered and whether due process was followed in the award of the contracts, proved abortive. These payments could not be accepted as legitimate charges against public funds as their genuineness was doubtful.
The Managing Director is required to account for the sum N1,399,524,563.21, otherwise, the amount should be recovered from the contractors and paid back to the CRF with evidence of payment forwarded to the Public Accounts Committees of the National Assembly and to my office for verification. Sanctions within FR 3106 and 3117 should apply.
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