Ogun State House of Assembly Committee on Public Accounts and Anti-Corruption has decried the inaccuracy discovered in the financial records of the State Printing Corporation for 2020 financial year; stating that such was not a true reflection of the exact expenditures recorded by the corporation in the period under review.
The Chairman of the Committee, Hon. Musefiu Lamidi disclosed this while leading other members to consider the financial records of the corporation as presented by the Director, Administration and Supplies, Mrs. Abike Akintunde at the Assembly Complex, Oke-Mosan, Abeokuta.
While Considering the financial records of the State Printing Corporation for 2020 financial year, the House Committee on Public Accounts and Anti Corruption, led by Hon. Musefiu Lamidi directed the management of the Corporation to submit more supporting documents on capital expenditures, all cost lines contained in overhead expenditure aside salary and allowances as well as policy documents on journals and publications before Tuesday, 25th October, 2022.
In another development, the committee considered the financial reports of the State Emergency Management Agency (SEMA) as presented by its Director, Mr. Ige Olufolarin, with a task to the agency to step up measures toward improving on the proper preparation of payment vouchers and all cost lines details.
The lawmakers recommended for the immediate placement of a substantive internal auditor to the agency by the Office of the Accountant General, with a view to ensuring effective evaluation of internal control system within the agency in compliance with financial regulations 2022.
The Committee challenged them to ensure more explicitness of their cost line classifications with the inclusion of detailed explanatory notes in the financial reports of subsequent years by the agency.
They further directed the agency to submit more supporting documents to support cost lines including disaster management, local training, maintenance of motor vehicle and office stationeries before Tuesday, 25th October, 2022.
In their respective responses, Mrs. Abike Akintunde and Mr. Ige Folarin assured the committee of ensuring adherence to all administration recommendations pointed out by the lawmakers, while ensuring the timely submission of all documents requested.