OrderPaperToday – The House of Representatives’ Committee on Public Account says it has recovered N2 billion from 512 queries from Ministries, Department and Agencies in 2010.
This was disclosed by Chairman of the Committee, Mr. Kingsley Chinda (PDP, Rivers) at a media briefing in Abuja on Monday.
Chinda while disclosing this said in the committee hearing on the Auditor-General’s Annual reports on the accounts of MDAs covering 2010 and 2016, they met a backlog of reports from 2010 up to 2014 and then received 2015 and 2016 from the office of the Auditor-General.
He said within this period, the committee have cleared the Auditor-General’s report from 2010 to 2014.
According to him, a total number of 552 MDAs were queried by the office of the Auditor-General covering the period 2010 to 2014 and of that number, the committee was able to consider 512 of those queries.
In the course of that consideration the committee was also able to, in 2010, recover or map out recovery sum of N1, 967, 146, 30.72k.
“We also referred to the relevant authorities; that is, the Economic and Financial Crimes Commission (EFCC), ICPC and the Nigerian Police, a total sum of N72, 567, 233, 846.49k and $1, 819, 361 for recovery”, Chinda said.
Among the fixed asset also recovered by the committee are two Peugeot 504 cars, one Peugeot 406 valued N1, 460, 000 and then one berretta pistol and 13 round live ammunition.
These items were said to have been sent back to the federal government of the Federal Republic of Nigeria.
Speaking further, the committee chairman said it has involved in several training and several retreats for members of the committee and the committee secretariat staff.
He added that accounting officers of several ministries and departments of government were trained on how to respond to Auditor-General’s queries and to appear before the Public Accounts Committee.
“Several referrals were made to the committee and we considered a bill for an act to repeal the Public Account Committee 2004 successfully and that bill has been repealed by the House of Representatives and it has moved on to Senate for concurrence.
“We also consider referral on the joint investigative hearing with the Committee on Finance to ascertain the status of recovered public fund and assets from 1999 up to 2017 and on the need to investigate tax incentives and waivers granted to multinational corporations in Nigeria”, he said.
To this end, the committee revealed its plan to go paperless by launching a website on Thursday, May 16, 2019.
“We shall be unveiling the new Public Account Committee of the House of Representatives and that will entail unveiling the new website of the PAC which is www.pac/hor.nass.ng.org and a quarterly newsletter to enable us get closer to the people we serve and the first edition of the quarterly newsletter will also be unveiled on Thursday.”