Senate Committee on Public Accounts chaired by Senator Mathew Uroghide, acting on series of audit queries issued the BPE by the Auditor General of the Federation said there was another infraction by the BPE where the sum of N8.7 billion meant for Consolidated Revenue Fund wasn’t remitted.
Chairman of the Committee, Senator Mathew Uroghide sustained the audit query even as BPE allegedly committed series of financial infractions between 2014 and 2015 financial years, totalling N8,757,353,089.09 billion in violation of several rules of financial regulations. Officials of BPE in their response to the query said all dividends received on Federal Government Holdings in the year under review totalling N6,819, 388,791.00 billion were transferred to Treasury Single Account in September 2015, but the Senate disagreed with the submission for lack of documentary evidence.
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