Governor of Ekiti State, Ayodele Fayose has been accused by the Economic and Financial Crimes Commission ( EFCC ) for diverting N680m from the state’s coffers to a private fixed deposit account, which was yielding N6m interest every month.
The N680m was alleged to have been part of the bailouts paid to the state government by the Federal Government for the payment of salary and pension arrears, according to the EFCC’s preliminary investigation into the matter.
The anti-graft agency also asked the state’s Commissioner for Finance, Toyin Ojo, and the Accountant-General, Yemisi Owolabi, to report back to the commission’s head office in Abuja next week.
Owolabi and Ojo had spent about 12 days in the custody of the anti-graft agency after allegedly refusing to honour its invitation in the past. They were arrested for their alleged roles in the diversion of the bailout .
According to the anti-graft agency, there is a reason to believe that the people of Ekiti State have been short-changed.
The report states, “A total of N680m was diverted on January 25, 2016. The funds, comprising N200m from the Ekiti State Local Government salary account, N300m from the Ekiti State Pension Account and N180m from the Ekiti State FAAC Account, were first credited into the Consolidated Revenue Account in Zenith Bank on January 25, 2016, and later transferred on the same day into an account called – 2015 MDG-CGS state project – domiciled in Zenith Bank.
“Analysis of the bank statement revealed that the money was later placed in a fixed deposit, where it was yielding a monthly interest of about N6m at a time pensioners and workers in Ekiti State were owed months of unpaid entitlements.”
It was learnt that investigators were going through several documents to uncover the beneficiaries of the monthly interest on the fixed deposit.
The report concluded, “The detained Ekiti State Commissioner for Finance and its Accountant-General committed to assisting the commission with relevant documents before they were granted administrative bail and ordered to report back in two weeks.”
It was learnt that in the course of investigating alleged misapplication of the bailouts by the Fayose-led administration, especially the N1.7bn contract awarded to a Lebanese company, which later moved part of the money to allegedly purchase properties for Governor Fayose, investigators stumbled on evidence of diversion of funds meant for payment of state and local government employees and pensioners in Ekiti State.
Source: ( Punch Newspaper )
Address Nigerians over #EndSARS protests – Senate urges Buhari
The Nigerian Senate has called on President Buhari to urgently address the nation so as to douse the tension in the country.
This comes as hoodlums continue to carry out various attacks on #EndSARS protesters and others in some parts of the country.
The Senators made the call for President Buhari to speak to the Nation after a motion was moved by Senator Biodun Olujimi and co-sponsored by all Senators on the ongoing nationwide protests believed to have been hijacked by hoodlums.
Part of the resolution of the Senators after deliberation include:
-Urge all tiers of government to put in place and sustain policies of social economic reforms that raise the standard of lives of our people;
-Call upon the Police to operate strictly in accordance with the rules of engagement appropriate in a democratic environment;
-Urge the Inspector General of Police to ensure a holistic comprehensive reforms of the police to increase the overall welfare including training and medical insurance of all members of the Nigeria Police Force
-Appeal to all Nigerians to resort to use of legal institutions to resolve disputes and conflicts;
-Urge the Nigerian youths and the Nigerian citizens to approach the National Assembly Committees Constitution and Reforms in order to secure far-reaching holistic amendments that are vital to the restructuring of our federation
-Urge the Federal Government to faithfully and comprehensively implement all the five demands of the #EndSARS movement and protesters with necessary timelines to rekindle confidence in government
-Appeal to #EndSARS movement and protesters to kindly in the interest of everyone stop their actions and embrace genuine dialogue; 7. Urge Mr. President to address the nation as soon as possible on these issues.
-Police should make it a duty to accompany protesters and should be involved in protecting genuine protesters.
IGP Deploys Personnel Over Attacks On Police Stations
With the rising violence in the country, the Inspector-General of Police (IGP), Mohammed Adamu has ordered the immediate deployment of anti-riot police personnel from the Police Mobile Force (PMF).
This is a move to protect the lives and property of all Nigerians and secure critical national infrastructure across the country.
The IGP’s order was contained in a statement issued on Tuesday by the Force spokesman, Frank Mba.
Mba said the IGP also “ordered massive deployment of Police operatives to strengthen the security around Correctional facilities nationwide.”
“The orders are coming on the heels of increasing attacks including acts of arson and malicious damage to public and private facilities as recorded in some states of the Federation including the Federal Capital Territory (FCT).”
#EndSARS: Address Nigerians Now – Senate Tells Buhari
The Nigeria Senate has asked President Muhammadu Buhari to immediately address Nigerians on the ongoing #EndSARS protest rocking most parts of the country.
The Senate gave the directive during its plenary on Tuesday.
The lawmakers also ordered the Nigerian police to protect all #EndSARS protesters to prevent hoodlums from hijacking their genuine action.
The Senate also urged #EndSARS protesters to halt their march to enable the federal government to meet their demands.
The Senate asked President Buhari to set up a judicial panel of inquiry made up of eminent Nigerians that would be respected by the youths to identify the notorious SARS operatives and ensure their arrest and prosecution.
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