Members of the House of Representatives on Tuesday queried the Accountant General of the Federation, Ahmed Idris, over the borrowings from the assets recovery account by government agencies.Idris was grilled by the House of Representatives’ Ad-hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, headed by Adejoro Adeogun.
He said unless the Accountant General could provide evidence of the refund, it would be considered that such withdrawals were made illegally. “What we are trying to draw attention to is that money is being borrowed out from the recovery account and not being refunded. Unless you are able to prove to us that it was refunded, we consider that to mean that payments have been made illegally,” Adeogun said.The committee chairman pointed out most of the projects for which these government agencies borrow such monies have already been appropriated for in the budget.
The Bill, he said, has put in place effective mechanisms in terms of database, disposal, processes and procedure to manage recovered assets.
Which query do u people want to give him, oga this is the last news we’re going to see concerning this matter is settled already in the inner chamber less forget all the invitations it means nothing.
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