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Senate Indicts Bank Of Agriculture Over N3.2bn Loan


The Senate has indicted the Bank of Agriculture in Kaduna over a 3.2 billion loan naira disbursed to 10 vendors to purchase tractors and other equipment for allocation to end users.

 

The indictment was a sequel to the 2016 report of the Auditor General of the Federation considered by the Senate Public Accounts Committee chaired by Senator Mathew Uhroghide.

 

After an investigation by the committee, the management of the bank was indicted for being unable to account for 3.2 billion disbursed to 10 vendors out of the 3.2 billion provided in 2015 by the Federal Government through the bank

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