The Ondo State House of Assembly has commenced investigation into the source of the N4.3bn allegedly discovered in a secret bank account by the state government.
The money was said to have been deposited into Zenith Bank account by one of the past administrations.
The Speaker of the Assembly, Bamidele Oloyeloogun, directed Akinterinwa and Akindolire to come with all documents relating to the transactions and the accrued interest.Speaking after Friday’s plenary, the Chairman, House Committee on Public Accounts, Ademola Edamisan, said the matter would be thoroughly investigated.
“The committee is interested in full details of how the account has been operated over the years, who authorised the opening of the account, who are the signatories and when was the account opened.“We hope the commissioner and the AG will come out with comprehensive details of the account, so we will be able to calculate the cost running interest so far in the account.
Ojogo said Akinterinwa, through his vigilance and financial intelligence, discovered the alleged secret account. The opposition party said, “ It has become very important that the Ondo State Government be investigated by the Economic and Financial Crimes Commission over its lack of disclosure on the alleged N4.3bn ‘discovered’ to have been kept in a Zenith Bank account and to which the government claimed to have also spent.
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