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Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts - Politics - Nairaland

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Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by oluwatomisin93(m): 6:32pm On Sep 06, 2015
Kaduna State Government said on Saturday that the
state had discovered that about N4bn state fund was saved
in 470 accounts in 23 commercial banks.
The government noted that the immediate past Peoples
Democratic Party administration in the state operated these
accounts in different banks over the years with various
names.

According to the state, but for the adoption of the Single
Treasury Account system recently introduced by the
incumbent administration, nobody would have been able to
trace and uncover the accounts and the said money.

The state Deputy Governor, Barnabas Bala, stated this in
Kafanchan in Kaura Local Government of the state at the
Third Town Hall Meeting initiated by the government to
interface with the people of the Southern Kaduna Senatorial
District.

The Governor Nasir el-Rufai- led All Progressives Congress
administration had in August, adopted the STA, directing all
commercial banks keeping the state government fund, to
remit such money to the Central Bank of Nigeria.
Bala, while addressing the people of the zone, said the
system had begun to yield positive.
He said the STA, which had been in operation since
September 1, was aimed at ensuring transparency and
accountability in governance.

“With the system we have been able to trace and discover
the sum of N4bn in different account names in 23 banks.
The STA is to ensure that public funds are traceable and for
the sake of accountability in the state,” he added.

He said despite the autonomy granted to local governments
in the state by the current administration, some councils in
the state were highly indebted.
He maintained that top on list of indebted council was
Kaduna North Local Government with a debt profile of
N3.4bn and Kaduna South with with N994m.
The deputy governor pledged that the state would
domesticate the Freedom of Information Act, which would
enable the people of the state to ask questions on how
“their money are being spent.”

According to him, the executive has sent the document to
the State House Assembly for domestication.
“Government is to domesticate the Freedom of Information
Act, which will enable the people of the state to ask how
their funds or resources are being spent. It has been sent to
the State House of Assembly,” he said.
Meanwhile, Bala said the government was determined to
continue with the recovery of land, encroached on by
unauthorised persons in government-owned schools and
hospitals in the state.

Special Adviser to the Governor on Political Matters, Malam
Uba Sani, urged the people of the zone to be wary of those
he described as detractors, who would stop at nothing to
pull down the government for their selfish gains.


http://www.punchng.com/news/kaduna-uncovers-n4bn-in-470-bank-accounts/
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by HungerBAD: 6:32pm On Sep 06, 2015
Nice one there the Government of Kaduna.

1 Like

Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by 1miccza: 6:35pm On Sep 06, 2015
Na the kain news wey APC dey like announce be dat??When PDP too no sabi nko??
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by crunchyg: 6:38pm On Sep 06, 2015
Have no fear CrunchyG is here grin
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by bandely(m): 6:41pm On Sep 06, 2015
Honestly, I envy the people of Kaduna right now. They seem to have gotten the best hand available for the job in the country. El-Rufai should continue with his blistering start. Who knows what the future holds, he might just become a figure at the centre!
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by OVI75(m): 6:44pm On Sep 06, 2015
ds AFIIIC have grabbed power,but instead of focusing on development they would rather continue to smear PDP as medium of diverting people's atention from their clueles government from fed to state.APC playing mind games.
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by JewelRegi(f): 6:57pm On Sep 06, 2015
Pdp or apc. The truth is people that loot this money not PDP or APC. Infact who is APC and PDP?
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by DaBullIT(m): 7:29pm On Sep 06, 2015
PeeDeePee again
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by kennydee05(m): 8:08pm On Sep 06, 2015
PDP and the wailers are the greatest enemies of Nigeria...
I don't know why some set of people will still be supporting PDP after 16 years of corrupt-full dispensation.
Re: Kaduna Uncovers 4 Billion Naira In 470 Bank Accounts by Demmocrats(m): 8:09pm On Sep 06, 2015

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