How ex-Plateau governor Jang, ex-cashier diverted small, medium business funds - Witnesses

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 78%

United States News News

United States United States Latest News,United States United States Headlines

Mr Jang and others allegedly diverted funds released by the CBN into an account of the Plateau State government and its agencies before they were finally moved to private accounts.

Prosecution witnesses on Thursday told the Plateau State High Court how a former Plateau State governor, Jonah Jang, and a former state government cashier allegedly diverted funds meant for the micro, small and medium enterprises in the state.

Testifying as the 13th prosecution witness, an assistant director in charge of development with the CBN, Musa Olashuko, before the judge, C.L Dabup, gave some insights into the alleged diversion. He further said the money was supposed to be sent directly from Zenith Bank as the bank housing the money to the beneficiaries’ accounts within five working days, but the Plateau State government allegedly diverted the funds to various accounts of the state.

“My lord, we discovered that this money was deposited into the Plateau State Project 1 Account as against the PLASMEDAN account. The witness also told the court that they also investigated Plateau State’s SUBEB account and discovered the same pattern was used to loot money from the account.

 

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

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines