This is a mobile wallet from Zenith Bank, Nigeria, the application can be downloaded from the mobile app store or from (www.eazymoney.com.ng). After a minute or two the chief minister said, “Be a good sport, he is just kidding around.” And then the whole tribe erupted with uncontrollable laughter. ▪ During the audit, no environmental management report had been submitted to the NMA. BTW is a top visa company in India and with a team of accomplished visa experts, we render hassle-free offline and online visa services India amongst others. Reconciliations were not carried out between the cashbooks maintained by finance officers of the NRA in respect of the various revenue departments and the transit banks. DSAs and incidentals that is handled by the Hon. It is recommended that the Secretary to the Vice President should provide adequate retirements details in line with the provision of the law. KPMG; KPMG is one of the big four auditors alongside Deloitte, Ernst & Young and PriceWaterHouse Cooper. Wema Bank – A full-fledged commercial bank with operations in South-south, South-west, Lagos and Federal Capital Territory (Abuja) zones. ▪ Unsupported payments He is not on the regular payroll, but it was deemed appropriate to give him financial support whilst on With our branches in Mumbai, Pune, Pimpri-Chinchwad, Hyderabad, Bangalore, Delhi and Ahmedabad serving thousands of customers, we have earned a reputation of being reliable and trustworthy. ▪ Irregularities in Accounting for Revenue Stores and assets management irregularities – Le 3,293,799,835.00 We therefore conclude that the current personnel in the finance department of the Office of the First Lady are not competent to manage the resources of the office efficiently and effectively. ▪ Procurement plans not approved by the relevant authority ▪ Arthemeter + Lumefantrine is administered to patients whether the Rapid Diagnostic Test (RDT) of malaria is positive or negative, and is administered based on the signs and symptoms of a patient, since the RDT cannot show below 300 malaria parasites. All rights reserved. It was however noted that the sum of US$7,500 was not retired in compliance with the above law. ▪ A review of the monitoring fee cashbook revealed that those fees were utilised for purposes other than monitoring. In addition, top-up allowances totalling Le3.1 billion were paid to staff in grades 2 to 7 in the Ministry of Finance without regulation or authorisation. The main observations follow under each activity examined. ▪ Imprest not Retired We noted from our sampling that majority of taxpayers were State-Owned Enterprises (SOEs) with tax liabilities totalling Le34.22 billion. Serious internal control weaknesses were identified in the management of funds allocated to this office, mainly due to the lack of competent personnel in the finance division. ▪ A review of the monitoring plans and reports submitted by the EPA revealed that the environmental activities of mining licence holders (i.e. Oceanic Bank International Plc was one of the most recognized financial services brands in West Africa. Subsidiaries. Fuel not brought to account – Le 3,448,365,320.00 There are still outstanding debts of Le5.7 billion that have been long overdue for payment for 2011 to 2018. ▪ Procurement splitting to avoid the National Competitive Bidding method Dispatch riders – $3,500 This was as a result of lack of collaboration and coordination between the NMA and the EPA. (lol) And then an old man from the tribe raised his voice and warned: “careful with the needless spending Mr. President money doesn’t grow on trees.” The President exploded with a loud belch and laughed saying; “If it doesn’t old man then why do banks have so many branches?” And they were all totally speechless! These SOEs failed to make payments in 2019. large-scale, small-scale and exploration companies) were not monitored according to their plans. In addition, allowances amounting to Le3.77 billion were paid to employees without adequate supporting documents such as arrear processing forms, approved salary amendment letters, request letters, and recalculation sheets. We estimate that there have been losses in cash and stores amounting to Le65.5 billion. The successor to Skye Bank Plc. During 2019, revenue which totalled Le30.7 billion (Le 1.7 billion, Le13.8 billion and Le15.2 billion) was deposited into the Standard Bureau, Sierra Leone Civil Aviation Authority and General Revenue accounts respectively at the Bank of Sierra Leone. ▪ In some instances, there were no acknowledgements from those families. patients with fever suspected to be malaria. We also noted that arrears totalling Le169.95 billion and US$2.24 million for the National Telecommunications Commission and the Sierra Leone Maritime Administration respectively were not included in the arrear figures in the GPFS. They mostly relied on the community health workers and volunteers to monitor and follow-up on their patients. Therefore, ACC is playing the same gimmick of the 49 thousand bags of rice donated by China for school children. ▪ Stores and Assets Management irregularities The remaining 18 EIA licences were not supported by closure plans. ▪ From the seven mining companies that submitted closure plans, only two had submitted updated closure plans for the period under review. ▪ Fuel Not brought to Account The Secretary to the Vice President stated that the amount in question is not imprest but the Vice President’s travelling A sample of the payment vouchers were inspected in respect of overseas travelling. During our verification of the management’s response above, we observed that there was no evidence that cashbooks were prepared for 2018 and 2019. A large portion of the amount provided was adequately retired in compliance with the Public Financial Management Regulations 2018. Ecobank Nigeria – A commercial bank established in 1986. Export Levy on Timber Revenue Valued in Line with Legislative Directives The method of valuation for timber products prior to exportation was not in accordance with Section 3 of the Finance (Amended) Act of 2018. We observed that 10% withholding tax was deducted instead of applying the correct PAYE tax deduction percentage (30%) from rent allowances paid to employees and consultants of MDAs resulting in an excess deduction of Le1.08 billion. Our review showed the following underlying factors: Across all the Public Enterprises and Commissions, several cash irregularities were observed, giving rise to a loss of Le59.2 billion. government business overseas. ▪ Lack of logistics for water quality management Linda and I had married in July, 1973 (Friday the 13th). This amount is approved by His Excellency the President. Bancor was established in the 1995 and reorganized in the year 2001. Barclays (Nigeria) offers international banking services in Lagos. We did not receive confirmation for arrears which amounted to Le278 billion (97.4% of total arrears) from taxpayers. ▪ Unrecovered funds Funds totalling Le1.6 billion were withdrawn from the Consolidated Fund account at the Bank of Sierra Leone to defray the cost of funeral expenses of some senior government officers who had passed away. An approved government policy on this matter relating to import GST is currently investigated... ( SOEs ) with tax liabilities totalling Le34.22 billion holders were reviewed s failure to material. Disclosed several of these amounts in the accounts debtors in publications of zenith bank sierra leone branches closure. Services from this office will ensure that a repeat does not occur ’ we recommend that competent be! Contribution to Bereaved Families we understand the unique banking needs of our corporate clients and are committed to providing with... Stolen but no one was brought to book when ACC boss couldn ’ t go after corrupt officials of ’... 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