A whooping sum of N4.3bn stashed in a ‘secret’ Zenith Bank account belonging to the Ondo State Government has been uncovered in Ondo state.

In a finding by Sahara Reporters, the money is said to have been kept in the account for over 10 years, generating interest until it was uncovered during auditing of the state accounts recently.

It was gathered that the bank account was active during the administration of a former governor, Olusegun Mimiko.

However, details of transactions carried out on the Ondo Government Account remained sketchy at the time of this report.

In an exclusive chat with a lawmaker in the state, the discovery of the account is true, noting that the fund in it was lodged without due process, thereby raising some suspicions of corruption by some government officials.

The lawmaker disclosed that the money was discovered through the efforts of the Commissioner for Finance in the state, Mr. Wale Akinterinwa.

He said, “We have learnt that the money had been kept in that account for over 10 years and was recently discovered due to auditing carried out on bank accounts belonging to the government.

“The most suspicious of it all was that this particular money was lodged in the bank account without following due process.

“And of particular interest to us is about the authorisation of this account or who and who are the signatories to it.

“We all want to know when the account was opened and what has also been the interest rate accurable to government since then.”

DETAILS: https://theupdates.net/executive-govt-n4bn-discovered-inside-secret-ondo-government-account-lawmakers-demand-explanation/

Chaiii, see the thieves!