This was discovered through an audit report submitted to the House of Assembly in 2019 by the Office of the State Auditor-General.
It was learnt on Tuesday that the report was submitted to the Assembly Committee on Public Account.
SaharaReporters gathered that the same committee was looking into other financial impropriety discovered in the treasury of the state.
According to the audit report, some beneficiaries of the loan got
double amounts for car while 86 persons collected loans above what they
were qualified for.
Part of the audit report also revealed that the sum of N 9, 750, 000 was
fraudulently disbursed to16 non-public officers between October and
December 2018.
It was through the audit report that the lawmakers learnt that the sum
of N4.3bn was stashed in a 'secret' account for over 10 years.
Also, further investigations into the audit report showed that a total
sum of N 38, 460, 000 was given to 66 persons whose names could not be
found on the salary payment register of the state.
It was gathered that beneficiaries of this fund were not employees of
the state government while most of the disbursements were done without
regard to due process.
According to documents, those responsible for the signing of the bank
confirmation schedules for cheques issued in respect of the disbursement
include the Director, Treasury Service, Mr. Akinsanmi T. R and Mr.
Jegede E.D, Head Car Loan Unit.
Source: SaharaReporters
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