The committee, which will likely be headed by Dr. Abraham Nwankwo, was unveiled at this time by Chibuike Onyeukwu, Chief Press Secretary to the governor.
The Monetary Advisory Committee, as named by the governor, was tasked with the key accountability of ascertaining and documenting the areas and balances on all financial institution accounts operated by Imo State authorities, its ministries, departments, and businesses as at Might 29, 2019.
The committee would additionally evaluation all monetary transaction and perform a forensic audit to ascertain sources of funds and the way they’re disbursed.
“To evaluation such disbursements/purposes of State sources to establish the propriety of expenses levied on accounts, curiosity fee on loans and deposits the place relevant, authorization, and so forth.
“Reviewing the propriety of purposes/disbursements of State sources between 2011 -2019. Recommending measures that may strengthen inside controls and improve the efficiency of these key businesses of presidency.
“To evaluation the operations of the Imo State Board of Inside Income (BIR) with a view to recommending applicable methods to reposition the company for higher efficiency and sustained development and to conduct governance/monetary opinions of key businesses of presidency with a view to; documenting all revenues generated or subventions/allocations between 2011 -2019.”