The House of Representatives’ Committee on Public Accounts has accused the Central Bank of Nigeria (CBN) and commercial banks of complicity in the sharing of the N15 billion remittance paid to Remita, from the Office of the Accountant General for the Federation (OAGF).
The Chairman of Committee, Hon. Bamidele Salam made the accusation at the resumed investigative hearing on revenue leakages in Abuja on Thursday.
Remita is a payment solution that helps individuals and businesses make and receive payment, pay bills and manage their finances.
Salam said that the payment of N15 billion to Remita from the OAGF from 2016 to 2018 was questionable, adding that the OAGF paid the money without agreement or contract.
While describing the payment as illegal, he said the money was an illegal payment without budgetary provision, querying the source of the money.
“The CBN also shared in the money. The money is an illegal payment; there was no budget provision, so where did they source the money…
Source: Leadership Newspaper
