An audit report has indicted officials of the Niger Delta Ministry for illegally selling six vehicles that cost N90 million for a paltry N2 million less than a year after acquisition.
The Senate Public Accounts Committee (SPAC) indicted the ministry officials after investigating the 2015 report of the Auditor General of the Federation.
The Senate panel has demanded that the accounting officer in the ministry should be sanctioned for illegally selling the vehicles.
The Senate committee said in the report: “The ministry disposed a total of 22 vehicles to various beneficiaries in May 2015 and realised a total sum of N5.2 million.
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“Out of the 22 vehicles, six were purchased on 23rd June and 18th August 2014 from JBS Motors and Co, Abuja, at a total cost of N105 million and duly paid for.
“Less than one year after the acquisition, six vehicles costing N90 million were sold at a ridiculous sum of N2.1 million.”
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Meanwhile, the ministry claimed that the federal ministry of works and housing was invited to evaluate the vehicles before they were sold.
However, the Senate Committee, in its investigation, discovered that the evaluation report of the federal ministry of works did not include the newly purchased vehicles.
The committee ordered the repayment of N61.4 million being the disposable value of the vehicles and money paid into the government treasury.
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