Accountant General distances office from Minister Edu's illegal transfer of N585.2 million

Accountant General distances office from Minister Edu's illegal transfer of N585.2 million


Federation AGF Treasurer Oluwatoin Madein has distanced himself and his office from the illegal transfer of NOK 585.2 million to a personal account by Humanitarian Affairs Minister Beta Edu.

The minister has been embroiled in criticism for gross violations of the 2009 Nigerian Financial Regulations, which emphasize the separation of public and private funds in government transactions.

According to Nigerian law, “Personal money shall under no circumstances be paid into a government bank account, nor shall public funds be paid into a personal account. Minister Edu clearly violated this provision. ” said the AGF office.

The law further states: “If a public official makes a payment of public funds into a private account, the payment shall be deemed to have been made with fraudulent intent.”

The law is clearly designed to prevent fraud in government affairs.

However, in violation of this general legal position, Mrs. Edu transferred over $500 million to her personal account.

Mrs. Edu last Friday defended the law, telling DAILY POST through her media aide, Mr. Rasheed Zubair, that despite the failure to establish this section, the payment of N585.2 million to private accounts is He said that it is legal in the civil service system. The law relied upon by the Minister.

“It is legal for project accountants who are civil servants to receive a salary, use the same funds legally, and retire with all receipts and evidence after the completion of a project or program,” Zubair said in a statement. Stated.

Reacting to the issue, the Treasurer-General of the Federation, through its Director of Press Affairs, Bawa Mokwa, stated that the Treasurer-General of the Federation, through its Director of Press Affairs, Bawa Mokwah, said that the Treasurer-General of the Federation shall be responsible for making payments on behalf of government ministries, departments or agencies for the implementation of projects and programmes. He explained that he had not done so.

He added that allocations will be issued to self-accounting MDAs in accordance with the budget, and such MDAs will be responsible for implementing projects and disbursing payments for such projects.

She further explained that her office did not make the payment despite receiving the above request from the ministry.

However, the Department was directed to take appropriate steps to make such payments in accordance with established payment procedures.

“In such situations, payments are typically handled by the affected department as a self-accounting entity and it is not envisaged that a lump sum payment will be made to a personal account in the name of the project treasurer.

“Such payments should be transferred to beneficiaries through verified bank accounts.”

However, Dr. Madein insisted on adhering to the principles of accountability and transparency in financial management.

Source: dailypost.ng

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