The House of Representatives Committee on Public Assets has queried the Ministry of Finance Incorporated (MOFI) for taking money from the budget for its operation without authorisation.
Chairman of the Committee, Ademorin Kuye, queried the agency as its Managing Director, Armstrong Takang, appeared before it to give an account of their activities.
He said, “In your report, we would like you to refer us to the section of the law where you are permitted to take money from the budget. How you have been getting funded since you came into office?”
According to Kuye, the agency wasted the Committee’s time as it did not provide any answer to its questions.
He also demanded various documents from the agency on the assets it was managing, saying they must be submitted within seven days.
The committee also knocked the agency for operating without proper legislation establishing it.
