The Nigeria Bulk Electricity Trading (NBET) has been directed by the Senate to remit the sum of N132 million into the Consolidated Revenue Fund (CRF).
Leading to the directive was a query by the Auditor General of the Federation in a 2015 Audit Report, according to Tribune.
In the report submitted to the Senate Committee on Public Accounts by the Office, NBET was interrogated on the use of funds on certain businesses that were not its responsibility.
On others, the report noted that there were no supporting documents to defend the use of certain funds, asking that they be returned to the CRF.
The query from the Senate reads partly, “Payment of the sum of N34, 163,948.00million without internal audit checking for unverifiable services in violation of extant Financial Regulations.
“Payment of N2, 583,000.00million to a contractor for production of Uniform of outsourced drivers who supposed to be kitted by their firm and not NBET.
“Expenditure of the sum of N95, 320,000.00million for overseas training of Staff against Presidential directive and without documentary evidence.”
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It added that the “Provision of uniforms to outsourced drivers is illegal. The contractor is supposed to provide uniforms for his staff and not NBET.
“NBET should therefore refund the sum of N2.583million to government coffers and evidence of refund submitted to the Senate Public Accounts Committee in accordance with Financial Regulations 3102, 3103 and 3115.
“N95million purportedly expended on overseas training for Staff between October and November 2014 which was in violation of Presidential directive of February 2014 and which has no documentary evidence, should be refunded into the CRF.
“Unpre – audited payment of N34.163million for unverifiable services should also be refunded into the CRF.
“The Accounting Officer who authorised the payment to be removed from his /her schedule according to Rule 3115 of the Financial Regulation for contravening the provision of Financial Regulation 1705 and evidence of compliance should be forwarded to the Auditor General as well as the Senate Public Accounts Committee.”
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