Lagos Lawmakers Flays Internal Auditors Over Performance

Chairman House Committee on Public Accounts (State) Hon. Bolaji Yusuf Ayinla of the Lagos State House of Assembly has criticized and frowned at the performance of the Internal Auditors in all the Ministries, Agencies and Parastatals in the State.

Hon. Ayinla stated this at the on-going Consideration Exercise of the Year 2010 State Auditor-General's Report at the Assembly Complex, Alausa.

 The  Lawmaker noted that all the Internal Auditors in the State have performed below expectations saying the Committee would not  hesitate to sanction any internal Auditor who has not meet up the standard required in the Financial Regulation governing them.

Hon. Ayinla said “Am not happy with the performance of the Internal Auditors in the State, they have not guide their respectively Ministries, Parastatals and Agencies very well in the area of scrutinizing their Account before appearing before the Committees”

 “Lack of proper documentation and financial management are among the problem facing the internal auditor which invariably expose their Ministries in a financial crisis”, he explained.

Ayinla said the exercise was not a witch hunting one but rather to put the financial records of the ministries, agencies and parastatals in proper perspective so that they would be free from corruption and the accounts of the state will be a good thing to write home about.

  He further mentioned that the Committee is considering organizing a workshop for all the Internal Auditors in the State for better improvement and performance in their various offices. 

 Hon. Alawiye, member of the Committee also added that the ineffectiveness of the Internal Auditors in the area of perfecting the Account of the MDAs is causing a lot of problems for State Auditor General when they are embarking on the Audit exercise of the MDA's in the State.

He therefore advised the Internal Auditors to take internal control system of the Account their respective MDAs serious.

April 10, 2012