N25bn TSA Fraud: FG, not MDAs Should Pay for Transfers – Minister

The Minister of Finance Kemi Adeosun on Thursday, said that the company managing the transfer to the Treasury Single Account (TSA) had no business charging Ministries, Departments and Agencies (MDAs).

Adeosun who was responding to questions from the Senate Committee on Finance Chaired by Sen.. John Eno, however clarifies that only about N8 billion was actually deducted.

Alleged 23,000 Ghost Workers: FG Goes After Banks to Recover Monies.

The Federal Government had disclosed plans to go after banks to recover all monies paid to the 23,000 ghost workers registered on the Integrated Personnel and Payroll Information System (IPPIS).

The Minister of Finance Kemi Adeosun disclosed while briefing the Senate Committee on Finance that the ministry was still conducting investigations.