" ITREALMS: TSA: Group accuses Saraki, Senate of undermining Buhari's anti-corruption war

Saturday, March 05, 2016

TSA: Group accuses Saraki, Senate of undermining Buhari's anti-corruption war

The Coalition Against Corrupt Leaders (CACOL), has accused Senate President, Bukola Saraki, of undermining the efforts of President Mohammadu Buhari over the anti-corruption crusade, reports ITRealms.

The group in a letter to the Senate President, said the Nigerian Senate, under Saraki’s leaderhip is working at cross-purposes with its own campaign for the adoption of Made-in-Nigeria products by canvassing for the acquisition of foreign revenue aggregation software to replace an existing one created by a Nigerian in Nigeria. 

CACOL also accused Saraki of manipulating the Senate to frustrate the Treasury Single Account (TSA) regime currently being implemented via Remita, electronic payment platform developed by SystemSpecs Limited.

The letter dated March 2, 2016, comes on the heels of report of the  Joint Senate Committees on Finance; Banking, Insurance and other Financial Institutions; and Public Accounts, which had recommended the termination of the contract between Systemspecs and the Central Bank of Nigeria [CBN] on the implementation of TSA via the Remita platform.

According to the Executive Chairman, CACOL, Debo Adeniran, the Senate under Saraki is playing double standards, especially given that in one breath, the Senate Report “severally insinuates that there is no valid contract between SystemSpecs, the company that provided the Remita TSA collection platform and the CBN and in another breath, recommends that the contract should be immediately terminated.”

“Our investigations however reveal that the CBN and the OAGF independently issued at least five circulars/letters at different times where Remita is specifically mentioned. Can institutions as big and structured as the CBN and OAGF do this without any contract between it and a vendor,” queried CACOL.

The group went on to label the Senate’s recommendation for termination of the contract as “provocative, retrogressive, insensitive and suspicious.”

  +ITRealms DSA 

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