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DGs, perm secs to face probe over budget discrepancies

17 February 2016, 12:22

Abuja - No fewer than 13 permanent secretaries and directors would be invited by Independent Corrupt Practices and Other Related Offences Commission (ICPC) over the discrepancies and padding of the 2016 Budget.

Investigations showed that the commission had been looking at the budget in order to identify Ministries, Departments and Agencies, where certain figures are inflated.

It was gathered that the commission extended its preliminary investigation to Ministries, Departments and Agencies, where the discrepancies were discovered.

Sources in the Presidency had alleged that a budget mafia planned to scuttle the innovations introduced by the current administration into the budget by inflating the figures.

Also read: Buhari sacks Budget Director over discrepancies

A mafia was alleged to have proposed a budget of N9.7tn for capital and overhead spending, excluding personnel cost, as against the Presidency’s initial estimate of about N8tn.

The group was said to have proposed N3tn as overheads alone out of the N9.7tn, a figure the Presidency later slashed to N163bn.

The Ministry of Budget and National planning had also promised to investigate and punish those responsible for the errors and strange figures found in the budget, which was presented to the National Assembly by President Muhammadu Buhari in December, 2015.

President Muhammadu Buhari on Monday sacked the Director-General (Budget) over errors in the 2016 Budget.

Source: Punch

- News 24


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