Audit infractions: Again, Ogun Assembly summons Amosun’s ex-aide

    Uhuru times news
    Uhuru times news

    Daud Olatunji, Abeokuta

    The Ogun State House of Assembly has again summoned an aide to former governor Ibikunle Amosun, Jide Odusolu, over alleged 25 infractions.

    The Assembly had in October grilled Odusolu who was the immediate-past Managing Director of the Ogun State Property and Investment Corporation,   over alleged sharp practices perpetrated at the corporation.

    The lawmakers had on October 13 engaged Odusolu for about six hours.

    Odusolu was re-invited to appear before the Assembly Committee on Public Accounts and Anti-corruption on Monday (today).

    The Speaker, Olakunle Oluomo, who made the announcement, said Odusolu was re-invited over 25 infractions against him by the audit reports during his tenure of office for further engagements on Monday, November 9, 2020.

    The chairman of the committee, Musefiu Lamidi, said the corporation merged the cost of land and buildings which contravened the provisions of the accounting standard.

    According to him, the rental income of OPIC Plaza, Ikeja was not made available for examination during the 2016 audit exercise, with no traceable records of interactions between the Agbara Estate and the billing section of the corporation on the reconciliation of rent income generated.

    The lawmakers condemned the operations of 21 bank accounts by the organiasation, out of which nine were inactive.

    The lawmakers also sought explanations on the basis for the agency in the period under review to have kept 27 accounts with only 11 banks amounting to N117, 792,132.99 active, while the remaining 16 accounts amounting to N608,226,371.69 were embargoed.

    [email protected]

    Source link

    uanguard news

    Subscribe to Our VIP Newsletter