Audit observed that the sum of N86,610.00 was over lodgment of tuition and equipment fee by the principal and bursar of the school for the period under review. Audit views this amount as very significant and material, and suspects that all sources of revenue to the school was not disclosed to audit. The principal and bursar claimed the school is a mission managed school and therefore, not allowed to disclose or produce documents and records of accounts to audit except the evidence of fees collectible and lodgment of N3,000.00 per Senior Student and N650.00 per Junior Student. Audit views this explanation as lame and an attempt by principal and bursar to refuse that State Auditor-General from performing his statutorily duty as enshrined in 1999 constitution (as amended) and state house of Assembly resolution on return of schools to mission management. There is also suspicion of fraudulent practices in the recording of receipts and disbursements which the principal and bursar are trying to cover up by not producing records of income and expenditure for audit inspection.
The principal and bursar were directed to clearly explain the source of this over lodgment with verifiable documents and also, show reason why severe disciplinary actions should not be taken against them for refusal to audit.
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