Abia Uncovers Alleged Looting of N1.86bn in Public Funds

Abia uncovers alleged looting of N1.86bn in public funds

The alleged diversion of funds and looting by some officials breached the various provisions of the state's financial regulations and civil service rules, according to a government report. The post Abia uncovers alleged looting of N1.86bn in public funds appeared first on Premium Times Nigeria.

MACC officer details alleged misuse of state funds in ex-Perlis MB’s trial

Witness M Theenmoly says Azlan Man claimed the funds paid by the state government for bookings that he had instructed two travel agencies to cancel.

Audit Reveals N1.86 Billion Looting in Abia – Report

At least 1.86 billion naira was looted by officials of the Abia State government in 2023, according to an audit report released by the state auditor-general in May 2024. The 88-page report, titled “Report of the Auditor-General for the State on the Financial Statements and Accounts of the Abia State Government of Nigeria for the year ended 31st December 2023,” covered the period from January to December 2023. The report alleged diversion of fund…