THE National Lottery Trust Fund, NLTF, has refuted the N7 billion fraud allegation levelled against it by the Senate Committee on Finance.
Following an investigation into remittances by Ministries, Department and Agencies, MDAs, the committee on Finance chaired by Adeola Olamilekan, on Monday, accused the NLTF of being guilty of fraud over N7 billion.
Olamilekan further adduced that the NLTF was responsible for disregarding the formal process of awarding a contract of over N1.12 billion tagged: “Intervention budget distribution” that was requested in a letter dated March 12,…
