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Imo State Government Did Not Misapply Bailout Funds; Challenges ICPC - Politics - Nairaland

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Imo State Government Did Not Misapply Bailout Funds; Challenges ICPC by ujoatu(m): 3:20pm On Apr 24, 2016
IMO STATE GOVERNMENT DID NOT MISAPPLY THE BAILOUT FUND.
- Challenges ICPC To Publish Details Of Their Findings.

The media had reported last week that the Imo State Government had misapplied the bailout fund, quoting report to that effect by the Independent Corrupt Practices and other Related offences Commission, (ICPC) which was said to have been signed by one Mustapha Hussain on behalf of the Commissioner for Public Enlightenment in the commission.

The Commission did not however state how it arrived at that conclusion but only stated that some transfers were made into certain Accounts not related to salaries and emoluments including “N2 billion paid into a Government Account; N2 billion paid into an Imo State Project Account and N2 billion transferred into a Microfinance Bank”.

The ICPC was right that such monies were paid into the mentioned accounts and we had expected the commission to go further to tell the public what such funds paid into those accounts were used for. The Commission became stingy with facts at that point.

Again, before the bailout fund, were there no existing accounts government was using to pay salaries? While giving out the bailout funds, was there any specified account that was given that the salaries must be paid from? These are questions that need to be answered since the Commission never claimed that the money was paid into private accounts or that the ones paid into the government’s accounts were used for other reasons except paying salaries.

From the mentioned government’s Account, personnel of Imo Security Network, Imo Community Watch, Youth Must Work Teachers, Community Government Council Teachers, and Imo Civil Guards were paid all their arrears in December 2015. We stand to be contradicted on this claim.

From the referenced Microfinance Bank Account, Imo State University, Imo Polytechnic, Imo College of Nursing and Health Sciences Staff and so on, collected their salaries also in arrears in December 2015. We also want the ICPC to prove us wrong on this claim.

In the case of Imo State project Account, the truth was that the government was drawing money from the account to ensure full payment of workers’ salaries when the financial fortunes of the state began to dwindle like most other states. So, when the bailout fund finally came the government had no option than to pay back the fund it had borrowed from that account.

And the truth of the matter became glaring when the Labour Union in the state decided to be collecting seventy (70) percent of the total income of the state at the end of every month for salaries and pensions, leaving only 30 percent for government, for capital projects and since January, they have not been able to pay workers full salary.

Last December, the State Government paid all arrears of workers’ salaries including workers of parastatals, agencies, and health outfits the government had got issues to settle with and also paid pensions which was not part of the bailout fund. We want to be faulted on all these claims.

When the National leadership of NLC led a protest in the state, it was not on the issue of salary but over the suspension of certain workers of parastatals and agencies that have remained unproductive over the years. And it was the 70%-30% revenue sharing formular between the government and labour that ended the misunderstanding and the affected personnel were recalled.

As we write, the payment of the February salary has begun. Which means the state is only owing the workers that of March since April has not ended. Let us be proved wrong in all these. Imo State has bloated workforce and the highest number of pensioners, yet, it is only owing the workers, the month of March since the payment for February has begun. So, in what way did the state divert or misapply the bailout fund?

The Imo State Government has unbridled regard and respect for agencies like ICPC because of the great service they have been rendering to this nation. Otherwise, we would have concluded that something was wrong somewhere.

To say the least, Imo State Government applied the bailout fund judiciously for the purpose it was meant for. And that was the payment of salaries. We did that and also paid pensions that were not part of the bailout fund. We stand to be contradicted. And that is why, the issue of salary arrears does not exist in the state at the moment. May God bless ICPC.

Sam Onwuemeodo
Chief Press Secretary to the Governor
Re: Imo State Government Did Not Misapply Bailout Funds; Challenges ICPC by sdindan: 3:24pm On Apr 24, 2016
Rochas is a thief. Buhari 2016

1 Like

Re: Imo State Government Did Not Misapply Bailout Funds; Challenges ICPC by timijoseph01(m): 4:09pm On Apr 24, 2016
hmmmm
Re: Imo State Government Did Not Misapply Bailout Funds; Challenges ICPC by ujoatu(m): 11:08pm On Apr 24, 2016
lalasticlala bikonu
Re: Imo State Government Did Not Misapply Bailout Funds; Challenges ICPC by Csami(m): 11:49pm On Apr 24, 2016
Pay salaries? For where? Imo? Lairs.

Rochas can do the unthinkable after all he bought a Christmas tree for 600million. World most expensive tree.

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