The House of Representatives Committee on Public Account has said there was an alleged mismanagement and breach of financial regulations in the disbursement and utilisation of N1.32 trillion COVID-19 fund. Submitting the report to the House, the committee also alleged that some government agencies and private organisations that benefited from the funds used the money for purposes it was not meant for.
The report, which was submitted to the parliament during Tuesday’s plenary by Committee Chairman Bamidele Salam (PDP, Osun), said some private airlines used the COVID-19 for their operations. Salam said the report, which is the first volume, covered the period between 2020 and 2022.
The committee chairman said 92 Ministries, Departments and Agencies (MDAs) were invited to appear during its sittings, following a motion adopted by the House on October 17, last year, alleging mismanagement of COVID-19 intervention funds.
