Audit observed that the Hospital vired some expenditure in both Capital and Revolving Fund Accounts. The sum of N10, 570,725.00 of overhead expenditure was incurred in the Capital Account. Another sum of N18,151,540.32 of overhead expenditure was incurred in the Revolving Fund Account, both totalling N28,662,265.32.
These funds were supposed to be used in the procurements of drugs, implants, and other inputs for running of the Revolving Fund Accounts as approved by the Federal Government as well as in the procurement of capital work and services. This unauthorized expenditure resulted in virement without approval of the National Assembly.
The Medical Director is required to refund the sum of N28,662,265.32 to the treasury, failing which sanction stated in FR 3115 should apply.
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