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Sunday, June 26, 2011

Shekarau Fingered In Alleged N6bn Scam!

Talking about Corruption in Nigeria and the various titles given to missing money like "Reciprocal Arrangement"*I'm serious here*... The Kano State Government has uncovered another financial impropriety, amounting to N6.99 billion, allegedly perpetrated by the last regime of former Governor Ibrahim Shekarau. 

A statement issued by the Senior Special Assistant on Press and Public Relations, Malam Umar Sa'ad Tudunwada and made available to yesterday in Kano, said the former administration withdrew the said amount within a period 28 months from the account of the Special Services Directorate. 

The statement further said, the Kano State Ministry of Finance in a report it submitted to the State Executive Council, revealed that records of the withdrawals indicate that the money was used for 'Reciprocal Arrangement'.*What the hell is that?* 

According to Tudunwada, the report by the Ministry of Finance also shows that the said money was removed through repeated withdrawals of large sums of money from banks. 

He said "there is no explanation as to what "reciprocal arrangement" meant as it is no known in the standard financial regulations." 

In a swift reaction, the spokesman of the former governor, Malam Sule Ya'u Sule in a telephone chat with Sunday Nation, dismissed the allegation, saying: "It is their normal characteristic of trying to paint the past administration in bad light." 

Sule said: "This is not their first time of castigating Shekarau administration. They did it by mentioning hotel bills, loans and liabilities. 

"That is their stock-in-trade, and we are not surprised, because we are prepared to hear more of these frivolous allegations. 

"They are not ready to face the task of governance of meeting the yearnings and aspirations of the people. They are only out for vengeance." 

Source:
The Nation

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