It’s wrong to move bulk money into individual’s account, says AGF

It’s wrong to move bulk money into individual’s account, says AGF

The Accountant-General of the Federation (AGF), Oluwatoyin Madein, has responded to a reported request of the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, to transfer N585 million to a private account.

Madein said it was wrong for bulk money “to be made to an individual’s account in the name of Project Accountant”.

She also said her office did not honour the request to transfer such funds.

The accountant-general said this in her reaction to a memo that surfaced on Friday, wherein Edu asked her to pay the sum of N585 million to Oniyelu Bridget Mojisola, said to be project accountant for the Renewed Hope Grant for vulnerable groups.

The development has generated outrage among social media users.

In a statement on Saturday, Bawa Mokwa, director of press in the AGF’s office, quoted Madein as saying her office does not make payments for projects implemented by ministries, departments, and agencies (MDAs).

“Allocations are released to self-accounting MDAs in line with the budget and such MDAs are responsible for the implementation of their projects and payments for such projects,” she said.

The statement also said, “The AGF explained that although her Office received the said request from the Ministry, it did not carry out the payment.

“The ministry was however advised on the appropriate steps to take in making such payments in line with the established payment procedure.”

Madein said beneficiaries of projects should be paid through their verified bank accounts.

The AGF added that she was determined to uphold the principles of accountability and transparency in the management of public finances.