“Audit is a very peculiar department but right now, we have those who did not study accounting being employed and working in the audit house, probably for political reasons.
“The commission will be responsible for the recruitment of proper staff that would be able to audit the accounts of the over 797 federal agencies.He noted that the Office of the Auditor General for the Federation used to have over 3,000 workforce, which had now dwindled to 1,200. Uroghide added that, “The first time we had an Audit Ordinance was in 1956. We have now changed a law that has been in place for over 60 years. More powers have been given to the Office of the Auditor General for the Federation.
“The least penalty that we have now in the bill for an individual is five-year imprisonment or a fine of N5m or both. “For corporate agencies that refuse to audit their accounts for years, their fine is N20m, the house recommended N10m but we disagreed.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Politicians have to be sincere for once. Why are they yet to propagate a law punishing vote riggers and other culpable electoral malpractices. Over 24 years of repetition of a heinous electoral crime, yet no punishment to detar the criminal act. This is unacceptable.
What political, economic saboteurs
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