Politics

Ex-Bauchi Governor says he approved N8.9billion for payment of contractors; EFCC however says no contract was executed

Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC)

Ex-Governor Mohammed Abubakar of Bauchi State has admitted that he approved the transfer of money from the state government’s account two days before he handed over to his successor.

Abubakar noted that he approved N8.9billion and not N19.9billion.

He further said that the sum was not laundered as alleged by the Economic and Financial Crimes Commission (EFCC), but was for contractors who did some work for the state government under his administration.

The Ex-governor said that the amount was paid to contractors who constructed some Federal Government roads worth N14.6billion.

But the anti-graft however faulted the ex-governor’s claim, saying that he had issued 20 cheques in the name of a bank manager and not contractors. The EFCC further noted that the contracts listed were not even executed.

“The Exhibits EFCC 1 – 20 attached to our motion ex parte are the First City Monument Bank cheques issued in the name of the manager instead of contractors overdrawing the funds,” the EFCC noted in its counter affidavit, adding that “many contracts contained in the schedule for payments (Exhibit MAA2) are not executed”

 Justice Taiwo Taiwo of the Federal High Court Abuja had granted EFCC’s request to freeze the Bauchi State Government’s account in order to properly investigate the ex-governor. The EFCC accused Abubakar of withdrawing N19.9billion from the account domiciled with First City Monument Bank.

EFCC alleged that between May 24 and 28, 2019, the ex-governor who left power on May 29 initiated a process of overdrawing to launder the sum of N19.897,809,334.08.

The ex-governor in his affidavit filed through his lawyer, Muritala Abdul-Rasheed, before the court noted that it is not true that under his watch the Governor of Bauchi State approved the withdrawal of N19.9billion.

Mr. Abubakar also noted that the National Assembly approval only came on May 23, 2019, adding that other procedures involving the Minister of Finance further delayed the payment.

The Ex-governor’s affidavit which seeks him to be joined as a party to the EFCC suit, stated that N14.6billion expended on the Federal Goverrment’s infrastructural projects by his administration was to be refunded through promissory note approved by the National Assembly.

Mr. Abubakar also noted that the National Assembly approval only came on May 23, 2019, adding that other procedures involving the Minister of Finance further delayed the payment.

The EFCC however denied Mr. Abubakar’s claim in his affidavit.

“The entire process was concluded on May 27, 2019 (two days to the transition to the new administration) on which day the money dropped in Bauchi State Government Operational account number 0998552074 domiciled at First City Monument Bank.

“With the assurance that value will be received, the Accountant-General prepared a schedule of payment and issued instruments for sundry payments totaling N8,901,002,855.83 which payment was approved by the outgoing State Executive Council under my watch as the Executive Governor.”

1 Comment

1 Comment

  1. Pingback: Nigerian Newspapers Headlines Review (Tuesday, 10 September, 2019) - Naija Buzz News

Leave a Reply

Your email address will not be published. Required fields are marked *

 

Naija News

To Top