Friday, February 7, 2020

UI: Our auditor went blind auditing our books

Members of the House of Representatives Committee on Public Accounts were stunned yesterday when the University of Ibadan (UI) Bursar Michael Alatise said the university could not submit its audited accounts to the Auditor-General of the Federation as the auditor hired to do the job became blind.

The committee members, led by Oluwole Oke, were initially bemused but later frowned at the excuse.

They noted that the university should be dealing with a firm and not an individual.


The lawmakers said the fact that the principal partner of the audit firm was struck with blindness should not truncate the process as there were other workers in the organisation who could also accomplish the task.

Oke said: “That somebody went blind does not mean that the firm will go into extinction. It can’t. And sincerely speaking, it is not palatable that from 2014 till date, the University of Ibadan does not have an account with the Auditor-General. No! You won’t get money in the next budgetary allocation.”

Alatise said the auditor’s tenure expired in 2010.

“So, we had a new auditor. It was the new external auditor that was having problems. He had to go to his (old auditor’s) house several times because there were some static figures that needed to be cleared.

“The document came to the audit committee of council several times. So, it delayed the work of the current auditor.”

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