MDA

St Monica’s College Ogbunike

Project Location/State

Anambra State

Award Year

2021

Contract Sum

₦N/A

Amount Paid

₦NGN 0.00

Unaccounted

₦NGN 58,300.00

Context/Observation

Audit observed an under lodgement of N58,300.00 on both tuition and equipment fees for the periods 1st term 2018/2019 to 1st term 2019/2020 by the principal and bursar. Similarly, the sum of N54,000.00 was over lodgement on equipment fees during the period under review.

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

The principal and bursar were directed to account for the observed under lodgement or refund the amount and evidence forwarded to me for verification. Also, they were directed to explain the source of the over lodgement as Audit suspects that all sources or revenue was not disclosed during the course of audit. Their response is still being awaited.

Executive Action

N/A

Progress Report

N/A

Data Source

N/A

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