Connect with us

FEATURED

N20bn Bailout Fund: Kogi Govt. Has Facts To Disprove EFCC’s Allegations

Published

on

Kogi Commissioner for Information and Communication, Mr Kingsley Fanwo, has said that the state government has facts to disprove the allegations the Economic and Financial Crimes Commission (EFCC) had levelled against it.

The commissioner disclosed this in a statement made available to journalists, stating that the Kogi government would prepare a comprehensive response to the latest of what it called “the desperate moves by the commission“

The commissioner was responding to a statement issued by the EFCC on Friday where it alleged that the state government had kept N20 billion bailout fund meant to pay workers salaries in a commercial bank in order to yield interest.

Fanwo said that EFCC’s move was only a way to save its face in view of what it called its“ unethical conduct in the matter in dispute“.

“It is laughable the EFCC’s attempt to desperately wriggle out of a bad case with another mischief aimed, again, at misleading Nigerians.

“The EFCC had finally exposed the fact that it had been pursuing a political agenda all along.

Advertisement
Article Banner

“The press statement by the commission is a malicious attempt to rope the state into a matter that ordinarily has nothing to do with our dear state.

“We maintain the unassailable truth that the Kogi State Government did not operate such account with the Sterling Bank as affirmed in a letter by the bank.

“We sympathise with the EFCC as it has been a herculean task to cover the initial misinformation and deliberate deceit by the commission,” the statement added.

Fanwo stressed that the Kogi government would react to the latest EFCC statement comprehensively, noting that “every option that is legal will be considered to maintain the innocence and transparency of our government.”

“Kogites (Kogi people) and indeed, Nigerians should rest assured that we will get to the root of this matter,” he assured.

On Aug. 31, the EFCC in a submission before a Lagos High Court alleged that the Kogi government kept a N20 billion loan meant for payment of salaries to yield interest at the Sterling Bank.

Advertisement
Article Banner

The Kogi government, in its reaction, presented documents to show that the state did not operate any such account with the bank.

 

Continue Reading
Advertisement
Click to comment
FEATURED2 hours ago

2027 Delta Central: Omo-Agege Accuses Dafinone Of Sponsoring Petitions, Says He’s Scared Of Election

FEATURED4 hours ago

‘No Vacancy’: Senators Endorse Akpabio for Second Term as Senate President

FEATURED6 hours ago

Donald Duke To Gov Diri: You’re A Local Champion Over Coastal Highway Opposition

Elections
FEATURED12 hours ago

2027: Why I Won’t Attend Every APC Campaign Rally – Tinubu

COMMUNITY REPORT20 hours ago

Isoko South Council Distributes Desks To Public Primary Schools In Delta

FEATURED23 hours ago

Okpara Inland Crisis: Delta CP Visits Community Over Killing Of Don Cross, Orders Investigation

FEATURED24 hours ago

2027: Wike Warns APC Campaign Council, Says Don’t Claim Victory If You Fail To Deliver Your State For Tinubu

FEATURED1 day ago

Yuleidy Ixcotoyac: 15-Year-Old Girl Wakes Up In Coffin 8 Hours After Father Declared Her Dead

ENTERTAINMENT1 day ago

Court Fines Odumodublvck N125,000 Over Adjournment Request in Assault Suit

FEATURED1 day ago

Tinubu Transmits National School of Government Bill 2026 to Senate, Seeks Repeal of ASCON Act

Defense and Security1 day ago

Plateau Attacks: Three Killed, Two Injured as Gunmen Rustle 114 Cattle

FEATURED1 day ago

Dispense Justice Without Fear Or Favour, Oborevwori Tells Delta Judges

‎Why Court Rejected El-Rufai’s Medical Bail Request
FEATURES2 days ago

El-Rufai, Associates Earmarked $600,000 to Bribe EFCC Officials – DSS Witness

NIGER DELTA2 days ago

Okubor to Chair 2026 DOPF Conference, Lecture Series in Asaba

INEC Fixes June 16-25 for Party Primaries in Restored State Constituencies in Delta, Others
FEATURED2 days ago

2027 Gov’ship: INEC Explains Why Some Candidates Were Omitted From Final List

Advertisement
Advertisement

z

   


Article Banner