The Public Accounts Committee (PAC) of the House of Representatives has said that its investigations into activities of government has led to the recovery of stolen public funds in cash and assets to the tune of N72.5 billion and $1.8 million from ministries, departments, and agencies (MDAs). It added that the cases have been referred to relevant anti-corruption agencies for necessary action. Chairman of the committee, Hon. Kingsley Chinda (PDP, Rivers) disclosed this yesterday while presenting a record of their stewardship since 2015.
The lawmakers said that the House committee has raised the standard in carrying out its constitutional duties of oversight of MDAs and had made recoveries of some public funds stolen by public officials that run into billions of naira and millions of dollars. While fielding questions from journalists on whether the committee had compromised in the course of the assignment, he said that there is absolute transparency in the committee and that all the sittings were conducted in the public glare.
“We worked tirelessly to raise the ante of the public accounts committee. Sometimes we stayed here (National Assembly) till about 9p.m. working. “The issue of being compromised never arose at all because in the past four years, we were concerned about getting results and that we have achieved,” he stated. He commended members of the committee for working assiduously and passionately, adding that the media coverage of their activities also contributed to the successes they recorded.