Michael Alatise
(pictured), bursar of the University of Ibadan, says the auditor hired to work
on the university’s accounts became blind while working on them in 2008.
According to The
Nation, Alatise said this when he appeared before the house of representatives
committee on public accounts on Thursday.
He said the external
auditor, whom he did not disclose his name, died in the process, thereby
delaying completion of the work.
But the committee,
led by Oluwole Oke, was angered to hear the bursar’s claim, and ordered full
investigation into the university’s financial status.
Oke, said: “That
somebody went blind does not mean that the firm will go into extinction. It
can’t,” Oke was quoted as saying.
He further said it
is unacceptable that UI does not have an account with the auditor-general of
the federation “from 2014 till date.”
“No! You won’t get
money in the next budgetary allocation,” the lawmaker added.
Responding, Alatise
said while the auditor’s blindness delayed the examination of the accounts, a
new auditor employed has not been able to do the work because of some
challenges.
“We had a new
auditor; it was the new external auditor that was having problems,” he said.
“He had to go to his
(old auditor’s) house several times because there were some static figures that
needed to be cleared.”
Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com