4.3 C
New York
Tuesday, June 25, 2024
HomeNewsEconomySWV Scam: Senate Uncovers N2.2bn from Justice Ministry

SWV Scam: Senate Uncovers N2.2bn from Justice Ministry

Senate Public Account Committee has uncovered N2.2 billion unaccounted expenditure collected by the Federal Ministry of Justice, between 2017- 2021 from the Service Wide Votes (SWV).

The Committee chaired by Senator Mathew Urhoghide which is currently investigating over 200 agencies that benefited from Service Wide Votes, between 2017-2021 that amounted to about N5 trillion made this discovery at the weekend.

A Service Wide Vote (SWV) which is also known as the Consolidated Revenue Fund Charge is more or less the country’s contingency fund in the annual budget.

Investigation revealed that the Service Wide Votes (SWV) collected by the Ministry of Justice was not subjected to the scrutiny of the Office of Auditor General of the Federation and was not also privy to the Senate Standing Committee mandated to oversight the agency.

Meanwhile, at the investigative hearing the members of the Committee on Public Account were surprised when the lined item in the money collected from the Service Wide Votes in 2019 for Capital project was put as “Critical Needs” According to the Authority to Incur Expenditure (AIE), produced by the office of Accountant General of the Federation.

The members of the Committee were disturbed about the N650 million ear- marked for the “Critical Needs’ in the line item under Capital expenditure.

Surprisingly, in the record of the Ministry, there is nothing that revealed that N650 million was received , but the AIEs from the Office of Accountant General of the Federation revealed that N650 million was released for the Ministry for ‘Critical need’ for Capital expenditure in 2019.

In addition, N955 million via AIEs was released to the.Ministry from SWV in 2017, but the record made available by the Ministry showed N549 million which showed a difference of N406 was missing .

In 2018, the Ministry claimed to have received N492 million , but the releases from the Office of the Accountant General of the Federation, showed that N591 million was released which showed that N99million is yet to be accounted for .

Advertisements
Advertisements

In 2019, the record from the Accountant General Office showed that the Ministry collected N650 million under Capital project with line item of ‘Critical need’, the Ministry failed to produce record that backed up the N650 million.

Advertisements

In the 2020, the record showed that the Ministry collected N62 million for recurrent.

Finally, in 2021, N1.4 billion was released from the Office of Accountant General through AIEs for recurrent expenditure, but the, Ministry claimed to have received N400 million.

The Ministry was unable to present the letters of request and approval for the money collected from Service Wide Votes.

But, Permanent Secretary of the Ministry , Mrs B.E Jeddy said that the Ministry will search for the relevant documents and present to the Committee on November 10.

The Chairman of the Committee while speaking during the hearing said that the fund was not audited by the Auditor General, because there was no budgetary provision.

According to him, it was not audited by the Auditor General at all, they are not budgetary provision, go and tell everyone that benefited from it and give us the necessary documents.

The Permanent Secretary of the Ministry ,assured the committee that she will engage relevant departments that benefited from the fund and feed the committee back.

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari