• About
  • Advertise
  • Contact
Thursday, July 24, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Crime

N11.9bn Stolen Under Ex-Gov. Ahmed In Kwara – Audit Report

Vital News by Vital News
September 1, 2022
in Crime, News
0
Share on FacebookShare on Twitter

Ilorin – At least N11.9bn of public funds were carted away from the treasury of Kwara State between 2011 and 2019 without any lawful tie to any project or programme, a forensic audit report has revealed, amid other mind-boggling revelations of alleged malfeasance within the period.

Former Governor Abdulfatah Ahmed was in power between 2011 and 2019 in Kwara State.

This is contained in a press release issued on Thursday by Rafiu Ajakaye, Chief Press Secretary to the Governor of Kwara State.

The audit also showed that N2bn cash withdrawals not tied to any project or official expenditure were made within eight days in February 2019, barely one month to the general election.

Speaking during the submission of the report to Governor AbdulRahman AbdulRazaq on Thursday, Partner at the SSAC and Professionals Anthony Iniomoh said the report was in two volumes covering Internally Generated Revenue; Capital Receipts; Internal and External Loans; Recurrent / Overhead Expenditure; Personnel Cost (Salaries and Wages); Capital Expenditure; Assets Disposed; Kwara State Internal Revenue Service; Infrastructural Fund Kwara (IFK); Harmony Holdings Limited; among others.

RelatedStories

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist

No Place For Any Form Of Bullying In Lagos State – Commissioner

Kogi Records Lowest Out-of-School Rate In Northern Nigeria — Ododo’s Spokesperson

NDLEA, Police Service Commission Agree On Need To Conduct Drug Integrity Test For New Recruits

“A few highlights of our findings may be necessary for the record. Our forensic audit revealed a colossal pilfering of N11, 981,268,709 which we recommended should be recovered to the public coffers.

“Similarly, we recommended to the state government to prosecute certain officers and companies in addition to claiming exemplary damages on transactions totalling N6,023,358,444, amongst other key findings,” Inumoh said at the presentation of the report.

“This is especially so in the cases of firms that we observed were paid huge public funds without any evidence of work done on record.

“In one instance, records show that a firm that was incorporated at the Corporate Affairs Commission on 14th June, 2016 was paid by the state government for a contract it purportedly executed for the state in April of the same year.

“It became apparent that this was a preconceived attempt to defraud the state. There was an instance of public officer getting paid at two different places for years, which is a clear breach of the law.

“Other infractions arising as a result of obvious conflict of interest and violation of due process were also spotlighted for the government to draw up new policy instruments to prevent such in the future,” he said.

“There was also a cash withdrawal within 8 days of N2.06 billion in February 2019 which was of interest to the audit. However, no documentation was made available to validate the purpose for which the money was withdrawn.
Related News

Gov. AbdulRazaq congratulates Lateef Amolegbe
How we spent N300m LG fund – Kwara Commissioner
Sanwo-Olu, Abiodun, Abdulrasaq donate N75m to victims of Owo massacre

There were also several other cash withdrawals within the state over the period running into billions of Naira which we could not validate.

“These and others have been recommended to be referred to an Administrative Panel of Enquiry.

Furthermore, the audit revealed that loans were obtained by the Kwara State Government within the period under review.

“The elements of these loans could not be validated. Above all, the bank accounts to which these loans were disbursed to and what the loans were used for could not be established or validated.”

The report suggested to the government to prosecute some individuals and firms indicted in the two volume report, while other issues are to be referred to administrative panel of inquiry for some individuals to explain their roles in the many infractions.

AbdulRazaq, for his part, said the revelations were truly disturbing but hardly surprising, given the patterns of events in those years.

“We thank you for the robust work. It confirms what we have been saying all along. We also saw that it has taken a bit of time and I know that there were certain deliberate efforts to obstruct your work.

“That was why it has taken some time because you have made certain complaints about that and we tried to push those that were supposed to open the doors to make the doors easy for you.

“Your report, like others, will help us to steadily put the state in the right direction to deepen transparency and accountability. We will go through the report fully and look into your recommendations.

“With few things you said know, it is mind-boggling especially withdrawing cash of over N2bn a month to the election and all sorts of infractions that took place. Certainly, we shall progress from here and do the needful,” he said. (NAN / vitaknewsngr.com )

Tags: AhmedauditKwaraStolen
Previous Post

Nigeria Realises N799bn Oil Revenue In Q1 2022 – CBN

Next Post

2023 : Presidential Candidates To Pay N10mln For Billboards, Posters In Kogi

Vital News

Vital News

RelatedStories

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist
Crime

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist

July 23, 2025
No Place For Any Form Of Bullying In Lagos State –  Commissioner
Culture

No Place For Any Form Of Bullying In Lagos State – Commissioner

July 23, 2025
Kogi Records Lowest Out-of-School Rate In Northern Nigeria — Ododo’s Spokesperson
Education

Kogi Records Lowest Out-of-School Rate In Northern Nigeria — Ododo’s Spokesperson

July 23, 2025
NDLEA, Police Service Commission Agree On Need To Conduct Drug Integrity Test For New Recruits
National

NDLEA, Police Service Commission Agree On Need To Conduct Drug Integrity Test For New Recruits

July 22, 2025
Senate Confirms FG’s Readiness To Pay N-POWER Beneficiaries N81billion Backlog Allowances
National

Senate Confirms FG’s Readiness To Pay N-POWER Beneficiaries N81billion Backlog Allowances

July 22, 2025
Next Post

2023 : Presidential Candidates To Pay N10mln For Billboards, Posters In Kogi

2023 : INEC To Publish Names Of Presidential, Senatorial, House Of Reps Candidates Sept. 20

FG Okays New DTAs For Ministers, Perm Secs, Civil Servants

Leave a Reply Cancel reply

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

Follow Us

Recommended

NIDCOM Demands Justice For 16 Nigerian Members Of Tijjaniya Group Killed In Burkina Faso

NIDCOM Demands Justice For 16 Nigerian Members Of Tijjaniya Group Killed In Burkina Faso

2 years ago
Banditry : Sheikh Gumi Not Above The Law, Security Agencies Have Invited Him For Questioning – FG

Banditry : Sheikh Gumi Not Above The Law, Security Agencies Have Invited Him For Questioning – FG

1 year ago

You have only four more days to sign electoral bill, CSOs remind Buhari

3 years ago
As Ogun Moves To Preserve Abeokuta-Sagamu Road  by Funmi Branco

We Will Continue To Accord Yewa Awori Special Position In Our Developmental Drive  – Gov Abiodun

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

The President Landed At Gateway Airport, And Floodgates Of Goodwill Were Opened By Kayode Akinmade

12 Suspected Kidnappers, One Informant Arrested In Kogi, Kwara

Kogi Records Lowest Out-of-School Rate In Northern Nigeria — Ododo’s Spokesperson

NDLEA, Police Service Commission Agree On Need To Conduct Drug Integrity Test For New Recruits

Senate Confirms FG’s Readiness To Pay N-POWER Beneficiaries N81billion Backlog Allowances

Africa Losing $90bln Annually To Importation Of Substandard Fuel, Dangote Laments

Trending

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist
Crime

Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist

by Vital News
July 23, 2025
0

Police in Lokoja have launched a manhunt for one Oluwapelumi Adebayo for alleged gruesome killing of a...

No Place For Any Form Of Bullying In Lagos State –  Commissioner

No Place For Any Form Of Bullying In Lagos State – Commissioner

July 23, 2025
Africans In Position To Develop Africa, Dangote Tells Global CEOs

Dangote Urges African Leaders To Protect Local Industries From Unfair Competition

July 23, 2025
Eid -el-Adha : Governor Abiodun Congratulates Muslims,Charges Them On Selflessness, Compassion

The President Landed At Gateway Airport, And Floodgates Of Goodwill Were Opened By Kayode Akinmade

July 23, 2025
12 Suspected Kidnappers, One Informant Arrested In Kogi, Kwara

12 Suspected Kidnappers, One Informant Arrested In Kogi, Kwara

July 23, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi Police Launch Manhunt For Killer Of Ayo Ayepeku, Lokoja Photojournalist July 23, 2025
  • No Place For Any Form Of Bullying In Lagos State – Commissioner July 23, 2025
  • Dangote Urges African Leaders To Protect Local Industries From Unfair Competition July 23, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In