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Ogun Assembly Gives Amosun’s Aide Ultimatum To Refund ”Missing” N40M

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Ogun State House of Assembly today received and passed a resolution adopting the report of its Committee on Public Accounts and Anti- Corruption, which considered the 2015-2019 State Auditor-General’s report on the State Property and Investment Corporation, (OPIC).

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It therefore called on the financial crimes investigation agencies to investigate and recover into the State’s coffers, the unaccounted balance of N2,579,771,717.71 which happened during Barr. Babajide Odusolu’s tenure as the the Managing Director of the Corporation.

This was just as the Assembly also directed the former Managing Director to pay back the sum of N40m that was unaccounted for in Year 2019 into the State Government’s purse within six months from today.

The passage of the resolution was consequent upon the presentation of the report of the Committee on the consideration of the State Audit report on OPIC by the Chairman, Musefiu Lamidi, who equally moved the motion for its adoption, seconded by Oludaisi Elemide and unanimously supported by other lawmakers through a voice vote at the plenary presided over by the Speaker, Rt. Hon. Olakunle Oluomo at the Assembly Complex, Oke-Mosan, Abeokuta.

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Giving the breakdown of the funds that could not be accounted for, according to the report, “the Committee also observed that the Audit report revealed that in 2019 after generating an income (including subventions and grants) of N3,817,778,776.65 the Corporation expended a total of N1,197,182,579.27 and the balance is N2,620,596,187.38.

The expected bank balance at the end of year 2018 was N685,194,035.01 and this brought the expected balance to the tune of N3,305,790,222.39 which was available to the Corporation.
Considering the Year 2019 bank balance sheets submitted to the Committee, the sum of N726,018,504.68 was contained in the Bank balance sheets and this represents an unaccounted balance of N2,579,771,717.71”.

The Assembly equally recommended the reversal of all transactions including the 8.2 Hectares of land at Isheri sold in favour of Rainerhill Internationals Services Limited, a subsidiary of Pesianas Group in the twilight of the last administration at the undervalued price of N164M, stating that it was not done in the best interest of the State; hence all relevant title documents issued in favour of the aforementioned company in relation to the land was declared null and avoid, while the Corporation should retain the land ownership.

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Also, the Committee declared that a retrospective legislative approval be secured for the expended unbudgeted sum of N881.5M, failure to which the Corporation’s erstwhile Managing Director, Odusolu was expected to refund same amount to government’s coffers within a deadline of six months.

The Assembly added that the embargo placed on the whopping sum of N608, 226, 371.69 in 16 banks accounts be lifted to enable the Corporation have access to the funds for developmental projects and investments.

It further directed that in line with the observation of the Committee, the proposed 5-star Hotel, Ikeja which had no physical existence, yet a whopping sum of N45, 025, 064:00 was expended to obtain title documents on the landed property and no satisfactory reason was given by the Corporation for such expenditure, holistic investigation should be carried out to reflect the company’s true position.

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In a related development, the Assembly has adopted the report of the Committee on Lands and Housing as presented by its Chairman, Damilola Soneye, with a recommendation that the Bureau of Lands and Survey should relocate the Irepodun plank and Building Materials Marketers Association of Orimerunmu in Obafemi/Owode Local Government Area to the 3.001hectres of land within 1.5k/m corridor acquisition along Siun/Owode Road identified by the Bureau.

The relocation, the Assembly noted became imperative as the delay in the relocation of the plant marketers association to another location had delayed the commencement of business activities of the plank sellers and others, this was in line with the resolution passed by the 6th legislature in the State.

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Nigeria

How Vigilantes, Hunters Rescue Three Fulanis From Kidnappers In Kogi

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Three suspected kidnappers who abducted some underaged Fulani boys have been apprehended by The Hunters Group of Nigeria, alongside the Kogi State Vigilante Service, on Monday.

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Information received revealed that the rescued underaged Fulanis were kidnapped from Chikara Community along Lokoja – Abuja road some 13 days ago by the busted kidnap syndicate which operated within that axis.

The Spokesperson of the hunter group, Abdullahi Yahaya, stated that the rescued boys were not hurt and were in perfect condition while the arrested kidnappers were handed over to the appropriate authorities, alongside confiscated weapons for further investigation.

Yahaya commended the state government and the Commissioner for Solid Minerals, Engr Bashir Gegu, for their support in providing logistics for their operations in the area.

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Reacting to the development, Kogi State Security Adviser, Commodore Jerry Omodara (Rtd), said such security success by the operatives was proof that the security network of the state was strong and solid enough to tackle all forms of criminal vices.

He stressed that the morale boost from local vigilantes across the state have continued to record good results because of the morale boost and support the Governor has continued to give as well as the cooperation from the citizens and synergy between the security operatives.

Omodara noted that the continued efforts of the Kogi State Government to keep the momentum as the safest state in the country were so far yielding remarkable results noting that the Governor has severally made a commitment to securing the lives and property of the citizens and make the state a no go zone for criminal elements.

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He reiterated that government at all levels would continue to make efforts towards sustaining the drive for a peaceful Kogi State by making every nooks and cranny of the state unsafe for criminal elements and their sponsors.

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