Audit observed that;
i. On 14th November, 2018, the sum of 31,845,000.00 (Thirty-one million, eight hundred and forty-five thousand naira) only, was paid to a security company, vide twenty-one (21) payment vouchers, as security services for months in 2015, 2016 and 2017, from Capital vote.
ii. There were no supporting documents such as M.O.U or agreement showing details of the terms and conditions of engagement; the number of security men deployed by the security firm for which the payments were made were not made available despite several and repeated requests from the Authority;
iii. Evidence of these payments to the company, in form of receipts and invoices from the beneficiary firm were not attached, and
iv. The payments were made on the same date, 14th November, 2018. The payment vouchers raised for the payments were not made available for audit. This made it difficult to ascertain the genuineness and purpose of the transactions.
The Managing Director is requested to:
i. Furnish reasons for making payment to company without letter of engagement.
ii. Account for the sum of 31,845,000.00 (Thirty-one million, eight hundred and forty-five thousand naira) only.
iii. Recover and remit to the Treasury the sum of 31,845,000.00 (Thirty-one million, eight hundred and forty-five thousand naira) only.
iv. Forward evidence of remittance to the Public Accounts Committee of the National Assembly, and
v. Otherwise, apply sanctions relating to irregular payment specified in paragraph 3106 of the Financial Regulations.
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