The House of Representatives has ordered financial technology firm Remita, also known as SystemSpecs Ltd, to refund a total of N182.769,245,175.20 withheld from Treasury Single Account (TSA) since 2015 to the Federal Government.
This followed a forensic audit that uncovered significant financial discrepancies.
The directive was issued by the Public Accounts Committee (PAC) of the House during a hearing yesterday following the submission of an investigative report by consulting firm Seyi Katola & Company (Chartered Accountants).