The House Committee on Public Accounts has directed the Joint Admission and Matriculations Board (JAMB) and the Investment and Security Tribunal to pay into the Consolidated Revenue Fund of the Federation, about N3. 457 billion and N6. 327 million naira respectively within thirty days and tender evidence of payment before the committee.

Chairman of the Committee, Hon. Bamidele Salam (PDP, Osun) who spoke at the resumed investigative hearing of the committee said their refusal to reply letters from The fiscal responsibility commission informing them of their liabilities was an admittance of their indebtedness to the government.

Head of Monitoring and Evaluation of the Fiscal Responsibility Commission, Bello Aliyu Gulmare had told the committee that the exam body was defaulting in its remittance, remitting only 25 percent of its IGR instead of 50 percent

But the Director of Finance and Account of JAMB Mufutau Bello who represented the Registrar said the Board was not receiving any capital and overhead funding from the government and was therefore required to remit 25 percent of their IGR.

Ruling on the submission, the committee chairman and members frowned at the refusal of JAMB to respond to the letters insisting that government us runned based on correspondence.
He said the board should pay into the government coffers, the amount standing against them within 30 days.

In another ruling, the committee asked the Investment and Security Tribunal to immediately recover and pay into government account taxes not deducted from five contractors and the accompanying fine among other liabilities standing against them.