A contractor (name withheld) erroneously transferred N1bn to the account of the Nigerian Correctional Service, the House of Representatives Committee on Finance was told on Tuesday.
An Assistant Controller General of NCS, Ahmed Magaji, disclosed this when he appeared before a House of Representatives panel to explain the financial status of the service.
Magaji, who is the Director of Budget and Finance of the service, said upon discovery that the fund was wrongly posted, the NCS immediately reported the matter to the office of the Accountant General of the Federation for immediate action.
According to him, the NCS has been working to return the money to the contractor since 2019, as the records still reflect in the service’s account, even when it did not access the funds.
He pointed out that his establishment’s withholding tax for 2019 was N1.14bn, but declined to give details of other financial transactions sought by members of the committee.
The panel, chaired by James Faleke, gave the NCS two weeks to re-appear with relevant documents for further hearing.
