BALLOT PAPERS SCAM: HOUSE ORDERS CBN TO REFUND N1BN TO FEDERATION ACCOUNT The House of Representatives has directed the Central Bank of Nigeria (CBN) to remit the sum of N1.015 billion, being double payment of the sum paid to a South African company that printed 65 million ballot papers for the conduct of the 2007 Presidential election. The House also directed the bank to provide it the evidence of such payment and remittance. The Chairman of the House Public Accounts Committee (PAC), Adeola Solomon Olamilekan, handed down the verdict yesterday after weeks of public hearing on the matter, in which CBN, the State House and the Independent National Electoral Commission (INEC) were fingered. The committee also queried the charge of one per cent made on the transaction by the CBN, totalling about N10 million, why there was no quotation or job order from the South African firm. It asked why INEC was sidelined in the deal, being the sole conductor of elections in the country. But INEC got a clean bill as it was established that it was completely oblivious of the transactions and expenditures regarding the ballot papers contract.
Posted on: Fri, 14 Mar 2014 14:34:04 +0000