Both present and past management of the Nigeria Social Insurance Trust Fund have come under fire in the Senate for failing to justify its spending of N17.158 billion in 2013 with required evidential documents, some of which were alleged to have been eaten up by termites.
The Auditor- General’s office had in the 2018 Audit report, raised 50 different queries bordering on alleged misappropriation of funds by management of the agency, which are being looked into by the Senate Committee on Public Accounts. “However, payment vouchers relating to the transfers together with their supporting documents were not provided for audit. Consequently, the purpose for the transfers could not be authenticated.
“Under no circumstances shall a cheque be raised, or cash paid for services for which a voucher has not been raised”.
By the time Ngige leaves his ministerial position in 2023, double of this amount would have been stolen!
Senate should stop the knocks let them get the money back students need to get back to school
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