Business Mogul petitions EFCC, alleges N52.6bn corruption by Katsina gov't

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 69%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Kaduna based business mogul and Chairman of Dialogue group limited, Alhaji Mahdi Shehu has petitioned the Economic and Financial Crimes...

Kaduna based business mogul and Chairman of Dialogue group limited, Alhaji Mahdi Shehu has petitioned the Economic and Financial Crimes Commission , alleging that, Katsina State Government has squandered N52.6 billion in the last five years from the state’s security escrow accounts.

The SSG Mustapha Inuwa, said Shehu who made the allegations didn’t base same on facts on ground, adding that, the entire monies that accrued to the state security escrow account from 2015 to date was a little over N6 billion. “The SSG deliberately and deceptively posted some official documents to convince you that they have since stopped paying the so-called 10 mobile police men at Lambar Rimi. You now have evidences that as late as April 2020 he has withdrawn N10.841 million from the escrow security account being their monthly allowances as usual. So far, from June 2015 to April 2020 N849.

“Between 2015 to 2018, N562.175 million was withdrawn in cash from the security escrow account of the state and dashed to the “chief imams of the state as annual clothing allowances and cost of transportation”. All the three chief imams are alive and owe it to themselves and the public to speak out. I have not seen what was given to CAN since they are also a registered religious body representing both indigenous and settler Christian community.

According the SSG, “The allegation that the state government embezzled more than N40 billion, with hundreds of millions credited into accounts of public office holders is frivolous and unfounded.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines