N1bn was withdrawn by Yuguda administration in one day- Bauchi Governor
Thu Jul 28, 2016 09:50:am Politics
3.2K By Buchi Obichie
The immediate past Governor of Bauchi State, Alhaji Isah Yuguda, has been accused of withdrawing N1bn from one of the state's accounts in a single day, by his successor, Alhaji Muhammad Abubakar.
Governor Abubakar said this during a press briefing in Abuja on Wednesday.
According to Abubakar, officials of the Yuguda administration made hundred N10m withdrawals with multiple checks from one of the state government's accounts in one day, amounting to N1bn.
Abubakar, who constituted a panel to probe all contracts awarded by the previous administration, said while he had not been able to come up with the total amount allegedly looted by the previous administration, the ongoing probe would expose it.
The incumbent Governor said the probe was necessary because a lot of money which was paid into the coffers of the state during the previous administration could not be accounted for.
He lamented that the former administration which was in power for eight years did not do anything with the huge amount of resources that was received by the state during the period.
Speaking on the alleged N1bn, he said, "I always feel shy of churning out figures I am not certain of. All I can say is definitely, there will be great revelations because the little I have seen, for example, I know of a situation in which in one day the sum of N1bn was taken out of one account of the government with N10m cheques.
"Several N10m cheques but I would not be able to put a figure on the total recovery because like I said, the work of the committee is ongoing."
Alhaji Yuguda has however denied Abubakar's allegations.
According to an aide to the former Governor who chose to speak anonymously, the claims made by Abubakar are part of a smear campaign against his Principal.
He said, "This has become the strategy of the present administration, it wants to divert attention from its failings. Since it has set up a committee to probe, let them probe. We will advise them to avoid a witch-hunt.
"From what the Governor has said, it is clear that a script has been prepared to ensure that the outcome of this probe indicts the Yuguda administration."
Governor Abubakar said this during a press briefing in Abuja on Wednesday.
According to Abubakar, officials of the Yuguda administration made hundred N10m withdrawals with multiple checks from one of the state government's accounts in one day, amounting to N1bn.
Abubakar, who constituted a panel to probe all contracts awarded by the previous administration, said while he had not been able to come up with the total amount allegedly looted by the previous administration, the ongoing probe would expose it.
The incumbent Governor said the probe was necessary because a lot of money which was paid into the coffers of the state during the previous administration could not be accounted for.
He lamented that the former administration which was in power for eight years did not do anything with the huge amount of resources that was received by the state during the period.
Speaking on the alleged N1bn, he said, "I always feel shy of churning out figures I am not certain of. All I can say is definitely, there will be great revelations because the little I have seen, for example, I know of a situation in which in one day the sum of N1bn was taken out of one account of the government with N10m cheques.
"Several N10m cheques but I would not be able to put a figure on the total recovery because like I said, the work of the committee is ongoing."
Alhaji Yuguda has however denied Abubakar's allegations.
According to an aide to the former Governor who chose to speak anonymously, the claims made by Abubakar are part of a smear campaign against his Principal.
He said, "This has become the strategy of the present administration, it wants to divert attention from its failings. Since it has set up a committee to probe, let them probe. We will advise them to avoid a witch-hunt.
"From what the Governor has said, it is clear that a script has been prepared to ensure that the outcome of this probe indicts the Yuguda administration."
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