Auditor-General flags N288b INEC spending under Yakubu

A total sum of N288,188,772,947.06 has been flagged in the operations of the Independent National Electoral Commission.

This was revealed by the newly released Auditor-General’s Annual Report on Non-Compliance and Internal Control Weaknesses in MDAs for the year 2022.

The report detailed multiple audit issues relating to procurement processes, payments to contractors, non-retirement of advances, and failure to remit statutory deductions by the commission between 2018 and 2019 under Mahmood Yakubu as chairman.

Under one audit observation, the Auditor-General reported that N5,312,238,499.39 was paid for the supply of Smart Card Readers for the 2019 general elections through a restricted procurement method without prior approval from the Bureau of Public Procurement.Punch