The Abia State government has accused the Bursar of Abia State Polytechnic, Aba of frustrating the release of four hundred and fifty million Naira (N450,000,000.00) from the State government.
A statement signed by the State commissioner for information and strategy, Barr Eze Chikamnayo, said the Bursar of Abia Poly frustrated the release of the fund following refusal to open a Treasury Single Account (TSA), to enable the State government to make the payment directly into the Coffers of the Institution.
AbaCityBlog reports that the State governor, Okezie Ikpeazu had promised to release N450 million to the institution to enable it to clear some salary backlog which led to the lost of accreditation.
The commissioner, in the statement, however, added that the Bursar of the Abia Poly has been given 24 Hours to open a TSA or risk immediate Suspension from Office.
Read the statement below.
“Government has observed with dismay the refusal and or negligence on the part of the Bursar of Abia State Polytechnic, Aba to open a Treasury Single Account for all inflow of financial payments into the Coffers of the Institution as directed by Government.
“It will be recalled that the opening of a TSA inflow account with a reputable Bank is a precondition for the release of the 450 million Naira which Government has approved to kick-start the process of offsetting all salary arrears owed to it’s staff.
“The benefit of a Treasury Single Account is to ensure transparency and accountability in expenditure and help to minimize revenue leakages that have been a major challenge to the growth and development of the Abia State Polytechnic, Aba.
“Government, therefore, hereby directs the Bursar of the Abia State Polytechnic Aba to open that account within 24 Hours or risk immediate Suspension from Office as his refusal and or negligence is delaying the remittance of the 450 million and other funds meant for the Polytechnic.
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