Report indicting Federal College of Agric, Ibadan of N633m fraud gets senate’s approval

Senate through its Committee on Senate Committee on Public Account on Wednesday upheld report of Auditor General of the Federation which allegedly indicted  the Federal College of Agriculture, Moor Plantation, Ibadan of mismanagement of over N633 million

The Committee Chaired by Senator Mathew Urhogbide took the decision after the failure of the Federal College of Agriculture,  to appear and make presentation before the Senate Panel.

The queries were contained in the 2018 report of Auditor General’s of the Federation submitted to the National Assembly.

It was gathered that series of invitations to the agency of the College of Agriculture which were not honoured.

Speaking on the development, the Chairman of the Committee said, ” since they were invited and they failed to appear, we are going to take the position of auditor general of the Federation on Federal College of Agriculture, Moor Plantation, Ibadan .

“They have been sent reminder , they have to 15 queries to respond in 2018 Auditor general report . The head of this agency known the consequences. If there is any refund in the queries, it must be made to the government purse.”

The queries ranged from payment of N59.8 million which could not be traced to the college’s store record, irregularities in the award of N23million contract, non remittance of N9 7 million Internally Generated Revenue, Award of Contract to the tune of N32million which above approved threshold, irregularities in the award of N193 million contract, N247million payment without adequate supporting documents, payment vouchers of N22 million not presented for audit , payment of N1.2 million in violation of Federal government E-payment policy.

Others are payment of N9 million for consultancy fee without due, non – deduction of Statutory VAT and Withholding Tax of N4.4 million.

Findings showed the Federal College of Agric, Moor Plantation, Ibadan failed to submit any response on the query which has been on their table for the past five years.