BEVERLY HILLS, March 08, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has denied the Report issued by a Senate committee stating that the commission had failed to submit its audited account to the Auditor-General of the Federation since the time of its establishment.
THEWILL recalls that the Senate committee on public accounts said 85 government parastatals including the EFCC, the Bank of Industry (BOI), Bank of Agriculture (BOA) and the Transmission Company of Nigeria (TCN) failed to submit their audited accounts to the Auditor General of the Federation since the time of their establishment.
The Chairman of the Committee, Matthew Uroghide (Edo-PDP), speaking at plenary on Wednesday said the 85 parastatals have never submitted reports of their audit to the Auditor General of the Federation since they were created.
Adopting the report of the committee, the Senate resolved to withhold the 2018 budgetary approvals for parastatals who have not submitted their reports since inception and those who have six to 10 years arrears to do so with a deadline of May 2018 to others who have over two years arrears.
However, EFCC spokesperson, Wilson Uwujaren, via a text message to Premium Times stated that a check with the office of the Auditor General would have forestalled this error of fact.
“It is incorrect to say that the EFCC never submitted audit report to the office of the auditor-general. A check with that office would have forestalled this error of fact,” Uwujaren’s response read.
“Moreover, the yearly Annual Report of the Commission to the National Assembly also provides information regarding EFCC’s finance.”