CCT can't account for funds spent on 52 contracts - Audit report
Nigeria, Oct. 8 -- The Code of Conduct Tribunal (CCT) cannot account for 52 contracts awarded as far back as 2023, according to the latest report of the Office of the Auditor-General of the Federation (OAuGF) on the federal institutions' finances.
The report, which recently became public after its submission to the National Assembly in July, said the CCT awarded the 52 contracts worth N52.2 million in 2023 but failed to send procurement records to the Bureau of Public Procurement as required by law.
The case is part of the three clusters of transactions the auditor general flagged in CCT's records for the 2024 financial year. Two other issues relate to N46.86 million payments made by the CCT without prepayment audit and the total of N9....
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