Thursday, December 3, 2015

Senate orders the probe of Jonathan over N200bn education tax


Yesterday, the Senate revealed that about N200 billion education tax collected between 2012 and 2013 were diverted to unknown and unspecified uses not recognized in or permitted under the Act setting up the Education Trust Fund.
The funds were diverted during GEJ’s administration and a probe was subsequently ordered. Attempts by Senator James Manager to convince the Senate to extend the probe beyond 2011 failed. He had argued that it was unfair for the Senate to single out GEJ’s administration for scrutiny.
The Senate mandated its Committee on Tertiary Institutions and Testfund to invite the fund’s executive secretary to appear before it to explain and clarify issues of misappropriation of the fund. The committee is expected to report back to the Senate within one month.

credit:instablog9ja

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