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Senate Orders Ilorin Varsity, Eight Others To Refund N4.7bn Fund Mismanaged

 

…Indicts Justice Ministry Over N10.4bn Judgment Debt

The Senate has indicted the Federal Ministry of Justice for its alleged failure to clarify how  N10.4 billion judgment debt was disbursed to  beneficiaries.

Judgement debt refers to money that a court of law orders the losing party to pay to the winning party. The parties in the case may be an individual, a family, a company, an institution or a government.

The indictment of the ministry was  sequel to the consideration of the 2017 and 2018 reports of the Senate Public Accounts Committee, SPAC, chaired by Senator Mathew Uhroghide (PDP Edo South).

The Red Chamber, therefore, ordered the ministry to stop further disbursement of the judgment debt and demanded that the committee responsible for the disbursement should be re-constituted and evidence forwarded to the Auditor-General of the Federation, AuGF, and SPAC within 30 days.

According to the Auditor-General’s report, the committee saddled with managing the disbursement of the judgment debt was dissolved in 2013.

It stated that when the N10.4 billion was disbursed by the Ministry of Justice in 2017, the committee had yet to be reconstituted.

The report added that lack of control, as witnessed in the disbursement of the judgment debt, could lead to a loss of public funds.

In the report, the Auditor-General, however, recommended that the Solicitor-General of the Federation and Permanent Secretary in the Ministry of Justice immediately constitute the committee as required by law.

The report reads in part: “Examination of the budget of the Federal Ministry of Justice revealed that the sum of N460.95 million was appropriated for payment of judgment debts for 2016 and N10 billion appropriated for 2017, totalling N10.46 billion.

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“Further examination revealed that the committee saddled with the responsibility of managing the fund was dissolved after the 2013 financial year and is yet to be reconstituted after the 2016 and 2017 appropriations.

“However, the ministry has been disbursing this sum without a committee in place. Lack of control could lead to loss of public funds.”

In another development, the Senate has ordered the University of Ilorin, the University of Abuja, University of Uyo, Federal University, Birnin Kebbi; Federal University, Lafia; Federal University, Wukari; Modibo Adamawa University of Technology, Yola and the Federal University of Petroleum, Effurun to refund N4.7 billion mismanaged by the school management.

The Auditor-General reports for 2016 and 2017 indicted the seven universities which was upheld by SPAC and also considered and approved by the Senate.

The breakdown showed that the University of Abuja mismanaged a total of N1.3 billion in 2017, the Federal University of Petroleum (N1.1 billion), University of Ilorin (N745 million), Federal University of Technology, Akure, FUTA (N467 million), Federal University, Wukari (N43 million), Federal University, Dutsinma, Katsina (N141 million) and Federal University, Lafia mismanaged N32 million.

The Senate has considered and sustained the indictment and will be forwarded to the Secretary to Government of the Federation (SGF), for further action.

 

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