The Lagos State House of Assembly (LAHA), on Wednesday, began investigation of Ministries, Departments and Agencies (MDAs) indicted in the 2021 Auditor-General’s report.
The Chairman of the Public Accounts Committee (PAC), Saka Solaja, made the announcement when the committee received the first set of government officials that were summoned to appear before it.
The NewsZenith reports that PAC is a statutory establishment set up under the provision of Sections 125 and 129 of the 1999 Constitution of the Federal Republic of Nigeria as amended.
Solaja described PAC as an important instrument for checks, probity and accountability in legislative institutions at the federal and state levels.
The PAC investigation in Lagos State would cover economic activities of all MDAs between Jan. 1 and Dec. 31, 2021.
He explained that the committee would seek clarifications regarding the queries raised in the audit report to enhance service delivery in the state.
”The exercise will also ascertain the completion, accuracy and reliability of the financial transactions and confirm the level of compliance with financial regulations, relevant legislations and accounting standards,” he said.
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