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The Home of Representatives Public Accounts Committee (PAC) has summoned the heads of the Nigeria Communications Satellite tv for pc Ltd (NIGCOMSAT), Nigeria Upstream Petroleum Regulatory Fee (NUPRE), and different authorities businesses to handle a N20.853 billion audit question.
Different affected businesses are the Nigeria Export Processing Zones Authority (NEPZA) and three different entities.
The committee, led by Bamidele Salam, issued a 72-hour ultimatum for these businesses to look earlier than it.
The audit queries, totalling N20.853 billion, had been raised in opposition to these businesses by the Workplace of the Auditor-Common of the Federation.
Notable among the many summoned businesses are the Rural Electrification Company (REA), Nigeria Export Promotion Council (NEPC), and the Federal College of Petroleum Research in Effurum, Delta State.
Mr Salam emphasised that this choice adopted the businesses’ absence throughout a committee sitting geared toward addressing the audit queries in opposition to them.
He additionally issued a stern warning, stating that this invitation represents the ultimate discover earlier than a warrant of arrest could possibly be issued in opposition to the heads of those businesses.
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Out of the six invited entities, solely the Rural Electrification Company despatched letters to the committee requesting that the Chief Govt Officer be excused from attending the listening to.
Moreover, the investigation encompassed the scrutiny of money advances and the correct allocation of funds budgeted by the Home for a few of these businesses.
Mr Salam declared, “We’re going to use our constitutional powers to make sure that each kobo spent by Ministries, Departments and Companies (MDAs) is prudently utilised.”
The committee members beforehand expressed their dissatisfaction with the perspective of heads of some authorities businesses in direction of parliamentary invites and referred to as for applicable sanctions.
(NAN)
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