University of Ibadan says couldn't submit audit report because auditor 'went blind'

The University of Ibadan has said it could not submit its audit report to the Auditor-General of the Federation since 2014 because the external auditor engaged to prepare the report became blind while on the job.

The bursar of the university, Michael Alatise, said this on Thursday in Abuja when he appeared before the House of Representatives Committee on Public Accounts.

Speaking on the discovery, Oluwole Oke, chairman of the committee, chided the university’s representative. “That somebody went blind does not mean that the firm will go into extinction. It can’t,” Mr Oke said. “Actually, they are on their last account, which is 2015. We are about to engage another audit firm next week, the 13th of this month.”

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