BREAKING NEWS

Metro

World

Spiritual

29 Jan 2018

Ekiti Slams Fayemi, Ex-commissioner With Stealing, Others

One of the members of President Muhammadu Buhari's cabinet has been accused of massive corruption during his time as a state governor.
Kayode Fayemi
The Ekiti State Government has filed a criminal charge against a former governor, Dr Kayode Fayemi, and his former Commissioner for Finance, Dapo Kolawole.

The 19 counts filed before the state High Court, Ado Ekiti on Friday, border on allegation of corruption, abuse of office and criminal contempt, among others.

The state government filed the charges barely two weeks after releasing a white paper, which barred Fayemi and Kolawole from holding a public office for 10 years.

The two were barred based on the report of the Justice Silas Oyewole Judicial Commission of Inquiry, which indicted them over alleged mismanagement of the state’s finances between October 2010 and 2014.

Fayemi, now a Minister of Mines and Steel Development, was the governor within the period. Fayemi and Kolawole did not appear before the commission.

The state government had directed the state’s Ministry of Justice to institute appropriate legal action(s) against Fayemi and others indicted by the commission.

According to the charge sheet No HAD/05c/2018, Fayemi and Kolawole, among other allegations, misappropriated N4.9bn, being the proceeds of the Ekiti State Bond for the sum of N20bn earmarked in the bond prospectus for various projects in the state that were either not done or partly done.

Count 12, which borders on conspiracy to steal, is punishable under Section 516 of the Criminal Code law, Cap C. 16 Laws of Ekiti State, 2010.

It reads in part, “That you Dr John Kayode Fayemi and Mr. Vincent Dapo Kolawole, while holding the offices of the executive governor of Ekiti State of Nigeria and commissioner for finance, respectively, sometime between 2011 and 2014, within the jurisdiction of this honourable court, conspired to steal the sum of N2.75bn being the sum of money earmarked in the bond prospectus titled, ‘Ekiti State Government of Nigeria, offer for subscription of N20bn.”

On the state’s N25bn bond, Fayemi and Kolawole were accused of stealing the sum of N716m out of the N750m earmarked in the bond prospectus and released for the construction of the Ekiti State School of Agriculture out of which only N33m was allegedly spent, N198m being outstanding fund from the N500m earmarked in the bond prospectus and released for the construction of the Ekiti State liaison office in Lagos, out of which only N301m was allegedly expended for the said projects.

PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

How I Made Me =N=2.5 MILLION In 7 Days from 2 Common Product I Imported and how you can do the same. Click HERE FOR FREE Details right now

Warning To Men: This 3 Foods Is Killing Your Erection. Click Here To Know Them

Secret Fruits that increased my Manhood and makes me last 55 minutes+ all time - Click here to get it

Warning: Got Arthritis? 3 Simple Ways To Get Cured And Be Permanently Free From Joint Pains. Click Here To See Them

REVEALED!! Reduce Your Blood Sugar Level And Reverse Diabetics Within A Short Period Of Time. Click Here To See How

MIDNIGHT,Pressed Mr Kilanko Suddenly Couldn't Urinate. Shrink your Enlarged Prostrate Here! Click Here Now

Loading...

SHARE YOUR STORY WITH US VIA EMAIL: INFO@247NIGERIANEWSUPDATE.CO

RECEIVE NEWS VIA OUR WHATSAPP, KINDLY TEXT +234 701 056 0394 TO ADD YOU

CLICK HERE TO JOIN US ON OUR YOUTUBE CHANNEL FOR NEWS UPDATE

CLICK HERE TO JOIN US ON TWITTER FOR INSTANT NEWS UPDATE: @247NGNEWSUPDATE

CLICK HERE TO JOIN MILLIONS AROUND THE GLOBE TO READ NEWS ON OUR FACEBOOK FAN PAGE

FOR INSTANT UPDATES ON INSTAGRAM CLICK HERE

RECEIVE INSTANT NEWS UPDATE VIA OUR BBM BROADCAST: D3EDEFDF

Post a Comment

 
Copyright © 2015 247 Nigeria News Update
Website by Tech Guardian