IST

The Public Accounts Committee, PAC of the House of Representatives has ordered the Investment and Security Tribunal (IST) to remit N6,327,049.85 to the federal government within 7 days. The directive was given during a hearing on the Auditor-General's Report 2020, which raised several issues against the agency. The issues included payment without supporting documents, totaling N11,698,329.40, non-remittance of statutory taxes totaling N1,407,544.85, extra-budgetary spending totaling N3,159,129.75, and cash advances above […]