FAYEMI GUILTY! Ekiti panel Orders EX-governor to account for N2.7billion, 17 vehicles

By Editor on 13/12/2017

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A damning revelation was unearthed by the probe panel set up by the Ekiti State Government to inquire into the tenure of former Governor, Kayode Fayemi, including how a whopping N2.75billion grew wings and disappeared under his nose.

The Judicial Commission of Inquiry, was given the go-ahead to continue its work by an Ekiti State High Court, on Monday, after dismissing an objection raised by Fayemi, asking the court to stop it from sitting or taking any decision whatsoever.

Specifically, the panel, which announced the conclusion of its assignment on Monday, which was principally to inquire into the financial transactions of Fayemi’s tenure, asked the former governor and others indicted alongside with him to account for whereabouts of N2.75bn from N25bn bond, 17 buses carted away, and how a firm with no address got N600m contract.

The N2.75 billion, was said to have been allocated from the N25 billion bond obtained by the government for the execution of contract for the construction of Ultra-Modern market in Ado Ekiti, which was never executed. 

The commission, also said that the contractor in respect of the furnishing of the government house built by the Fayemi’s administration, should be made to refund a sum of N324.8 million, noting that the contract should not have been more than N280 million. 

The panel said it found out that KITWOOD Nigeria Limited to which the furnishing contract of over N600 million was awarded had no traceable address and that “the address on the Letter of Award is a virgin land opposite the new Central Bank along new Iyin Road, Ado Ekiti. 

Submitting its report to Ekitit State Governor, Ayodele Fayose, on Wednesday, the panel headed by Justice Silas Oyewole (rtd), also revealed that the claim by Coscharis Motors that it supplied 235 and/or 250 vehicles was fraudulent, as it was fraught with so many contradictions. 

“That Coscharis Motors supplied some vehicles outside Ekiti State especially, at Ibadan Liaison office when Ekiti State Government does not have a liaison office in Ibadan. In respect of this, seven vehicles were supplied outside the state and signed for by unknown persons,” the panel said. 

It added that Coscharis Motors only supplied 219 vehicles to the government and that 17 Joylong Buses were supplied to the Ekiti State Government as gift but later carted away. 

On the controversial N852.9 State Universal Education Board (SUBEB) fund, the commission, said it was clear that the Fayemi’s government, “hoodwinked the federal government into paying its own matching grant by obtaining N852, 936,783.12 loan from Access Bank on November 25, 2013 without perfecting documentation in respect of the loan, thereby flouting the provisions of Section 11(2) of the UBEC Act, 2004.” 


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While receiving the report, Governor Fayose said asking people to account for their stewardship should not be termed witch hunting, as leaders must be accountable and that Ekiti people have the inalienable rights to know how their commonwealth was being used.

"I appreciate the panel members for a thorough job done. The time and energy they put into the job. The panel waited for the outcome of the court case instituted by former Governor Kayode Fayemi before it concluded its job because we are ardent believers in the rule of law and if the court had ruled that we should stop, we would have stopped. 

"There is no witch hunting in a situation whereby people are asked to account for their stewardship. I’m glad that the Federal Government is also pursuing the policy of accountability and we are following suit here too," he said. 

The governor, subsequently inaugurated a four-man administrative panel to study the report and come out with a White Paper. The administrative panel is headed by the Commissioner for Justice, Mr Kolapo Kolade.


Source Whirlwindnews.com

Posted on December, 13 2017

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