House Committee cracks down on TSA violations, summons CBN Gov, Finance Minister

The House of Representatives Public Accounts Committee (PAC) is taking a hard line against government agencies found violating the Treasury Single Account (TSA) policy.

In a move designed to ensure greater financial transparency and accountability, the committee chairman, Bamidele Salam, on Wednesday, announced sanctions for offending Ministries, Departments, and Agencies (MDAs).

This decision follows the resumption of the committee’s hearing on Wednesday, where concerns regarding potential leakages and non-remittance of TSA revenue generated through Remita were raised.