• About
  • Advertise
  • Careers
  • Contact
Saturday, September 26, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home News

Auditor-General Uncovers N167.5M Fraud At Federal Medical Centre Owo

by ReportersAtLarge
January 20, 2022
in News, Featured
Reading Time: 2 mins read
0
Federal Medical Centre Owo, Ondo State
Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

The report of an audit carried out by the Office of Auditor-General for the Federation has indicted the management of the Federal Medical Centre, Owo, Ondo State of mismanaging a sum of N167.5 million.

The audit, carried out in 2020, revealed that development contravened the Financial Regulations (FR) (2009) in handling the funds the institution generated internally and those allocated to it by the government.

ADVERTISEMENT

Auditor-General for the Federation, Adolphus Aghughu, signed the report titled, “Auditor-General for the Federation’s Annual Report on Non-Compliance/Internal Control Weaknesses Issues in Ministries, Departments and Agencies (MDAs) of the Federal Government of Nigeria for the Year Ended December 31 2019”.

The same audit report had also indicted the management of the Federal Medical Centre (FMC) of mismanaging an approximate sum of N515 million.

Following the discovery, the Auditor-General for the Federation has ordered the management of the FMC, Owo to explain before relevant authorities the reason(s) for infractions and return the said sum to the government treasury or face sanctions.

RelatedPosts

Bimbo Adekanmbi Names Oyo APM Campaign Media Committee

Odidiomo Congratulates Dapo Falade, Others As Makinde Makes New Appointments

Dapo Falade, Akin Alamu Make List Of Seyi Makinde’s New Appointments

According to the report, some of the infringements include an award of contracts above the approval threshold of the Chief Medical Director; non-deduction of one per cent stamp duty from contractors; unretired personal advances; payment without relevant supporting documents and refusal to remit Internally Generated Revenues (IGRs).

Others are a violation of government e-payment policy, refusal to take items on store ledger charge, non-retirement of cash advances, and direct procurement without the approval of the Bureau of Public Procurement.

Specifically, the audit report, among others, indicted FMC Owo of non-remittance of 25 per cent of its IGR, amounting to N11.5 million.

It noted that the hospital generated N46.3 million in 2019 as non-revolving IGR, adding however that there was no evidence of remittance of 25 per cent of the IGR, as required by the extant laws.

The report also discovered that the FMC, Owo paid a 15 per cent mobilisation fee, totalling N21.3 million, without submitting an Advance Payment Guarantee (APG) by benefitting contractors.

According to the audit report, in 2019, three contractors got N21.3 million from the institution for various projects but the management of the FMC, Owo failed to submit the APG.

The audit report also indicted the hospital management of approving contracts above the threshold of the Chief Medical Director (CMD), to the tune of N120.9 million, in 2019.

The report observed that the CMD solely approved the award of contracts (amounting to N120.9 million), the same year, without recourse to the Tender’s Board saddled the authority for approval as required by extant regulations.

“The institution also failed to deduct N2.2 million as one per cent stamp duty from its contractors, being the amount from the N225.8 million paid to contractors for various contracts,” the report stated.

Besides, the audit report also noted that the management of FMC, Owo did not retire personal advances, totalling N11.4 million.

“There was no evidence to show that the amount was retired as at the time of audit in February 2020, contrary to extant regulations, and there were cases of multiple personal advances without retiring previous advances granted to some of the staff,” the report stated.

The audit report also accused the hospital management of making N5.2 million payments for contracts without relevant supporting documents.

Tags: BREAKING NEWSFederal Medical Centre OwoOndo State News
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Hon Bimbo Adekanmbi
News

Bimbo Adekanmbi Names Oyo APM Campaign Media Committee

by ReportersAtLarge
September 26, 2026
0

The Bimbo Adekanmbi Oyo APM governorship campaign has officially appointed a new media and publicity committee to direct strategic communications....

Read moreDetails
Odidiomo on Seyi Makinde new Appointments
News

Odidiomo Congratulates Dapo Falade, Others As Makinde Makes New Appointments

by ReportersAtLarge
September 26, 2026
0

Allied Peoples’ Movement (APM) candidate, Hon Adedeji Olajide Odidiomo, has commended Governor Seyi Makinde following the latest Oyo State political...

Read moreDetails
Seyi Makinde on Oyo State Pension Reforms - Online News Publishers - Oyo Cultural Anthem
News

Dapo Falade, Akin Alamu Make List Of Seyi Makinde’s New Appointments

by ReportersAtLarge
September 25, 2026
0

Governor Seyi Makinde new appointments have been confirmed, elevating Pastor Akin Alamu to the Oyo State Elders Council. The restructuring...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Deserted Ogun Community

Residents Flee Ogun Community After Killing Of Traditional Ruler

5 years ago
Online News Publishers Laud Dotun Oyelade

Makinde’ll Continue To Serve Oyo People, Dotun Oyelade Assures

2 years ago

Popular News

  • Hon Bimbo Adekanmbi

    Bimbo Adekanmbi Names Oyo APM Campaign Media Committee

    0 shares
    Share 0 Tweet 0
  • The De Ligt Paradox: Is Matthijs The Ultimate Manager-Killer Or Just Unlucky?

    0 shares
    Share 0 Tweet 0
  • Manchester City Face Title Stripping Penalty Over Financial Charges

    0 shares
    Share 0 Tweet 0
  • Titilola-Sodo Birthday: Media Team Hails Oyo Action Alliance Governorship Candidate

    0 shares
    Share 0 Tweet 0
  • Odidiomo Congratulates Dapo Falade, Others As Makinde Makes New Appointments

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT
Reporters At Large Logo

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Insurance
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • World News

Recent Posts

  • Bimbo Adekanmbi Names Oyo APM Campaign Media Committee September 26, 2026
  • The De Ligt Paradox: Is Matthijs The Ultimate Manager-Killer Or Just Unlucky? September 26, 2026
  • Manchester City Face Title Stripping Penalty Over Financial Charges September 26, 2026
  • Titilola-Sodo Birthday: Media Team Hails Oyo Action Alliance Governorship Candidate September 26, 2026
  • Odidiomo Congratulates Dapo Falade, Others As Makinde Makes New Appointments September 26, 2026
September 2026
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Aug    
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2026 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
    • Insurance
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • AI Policy & Operational Guideline
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2026 RAL - Guided by professionalism

Verified by MonsterInsights