Cash transfer office debunks auditor-general’s N33.75bn fraud allegation
The National Cash Transfer Office has debunked the Auditor-General’s N33.75bn cash transfer fraud allegation, insisting funds reached genuine beneficiaries Read More: https://punchng.com/cash-transfer-office-debunks-auditor-generals-n33-75bn-fraud-allegation/
The National Cash Transfer Office (NCTO) has dismissed allegations from the Auditor-General's (AG) report claiming that N33.75 billion in electronic cash transfers may have gone to improper beneficiaries. The NCTO maintains that the funds were transferred through the established payment system to beneficiaries on the National Beneficiary Register. The NCTO refutes claims that officials obstructed auditor access and challenges the interpretation of audit observations as evidence of fraud or financial loss.
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