Senate Tells FRC To Refund ₦66 Million Spent On Unoccupied Building

 Senate Tells FRC To Refund ₦66 Million Spent On Unoccupied Building

The Senate Committee on Public Accounts has directed the Financial Reporting Council of Nigeria to refund to the Federation Account, ₦66 million the Agency paid as a two-year rent to secure an accommodation which it never occupied.

The Committee chaired by Senator Mathew Urhoghide also faulted the Agency’s reported use of 64 vouchers to divert ₦28 million.

The committee members are currently scrutinising the 2015 to 2018 report by the Auditor General of the Federation, which queried the FRC for investing ₦66 million on accommodation it never occupied.

The committee Chairman, Senator Urhoghide, in Wednesday’s sitting directed that the FRC management should refund forthwith to the Federation Account the ₦66 million paid for the said unoccupied building in 2016.

TINU

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