P
ProfRem
Guest
The Economic and Financial Crimes Commission has begun investigation into how over N300 million allegedly taken by each of 33 ex-local government caretaker chairmen was spent to secure Oyo State against incursion by Boko Haram insurgents during the 2015 general elections.
The investigation followed a petition submitted to the commission revealing that the money was disbursed from the Local Government Stabilization Account to each of the 33 local government areas of the state.
Preliminary investigation by the EFCC was said to have revealed that the former council chairmen actually withdrew and spent various other sums without due authorisation and proper documentation.
Punch Newspapers quoted one of the accused former council bosses as saying the money was meant to avert attack by Boko Haram insurgents during the 2015 general elections.
“We were told that there was a security report that Boko Haram could strike in the state during or after the election and that each of the council areas should contribute N11 million and hand it over to the ALGON chairman for anti-terrorist activities to be coordinated centrally,” he was quoted to have said.
“From the amount, N10 million was actually deposited with the ALGON chairman, while one million naira was left for each of the council chairmen for logistics in the councils,” ,the ex-chairman was reported to have stated.
“I have been invited by the EFCC and I have stated what I know about the whole issue.”
The investigation followed a petition submitted to the commission revealing that the money was disbursed from the Local Government Stabilization Account to each of the 33 local government areas of the state.
Preliminary investigation by the EFCC was said to have revealed that the former council chairmen actually withdrew and spent various other sums without due authorisation and proper documentation.
Punch Newspapers quoted one of the accused former council bosses as saying the money was meant to avert attack by Boko Haram insurgents during the 2015 general elections.
“We were told that there was a security report that Boko Haram could strike in the state during or after the election and that each of the council areas should contribute N11 million and hand it over to the ALGON chairman for anti-terrorist activities to be coordinated centrally,” he was quoted to have said.
“From the amount, N10 million was actually deposited with the ALGON chairman, while one million naira was left for each of the council chairmen for logistics in the councils,” ,the ex-chairman was reported to have stated.
“I have been invited by the EFCC and I have stated what I know about the whole issue.”