Aliyu Abdulhameed, the Managing Director of Nigeria Incentive-based Risk Sharing System for Agricultural Lending – NIRSAL is currently swimming in a series of multi-billion naira fraud rocking the agency and in a frantic bid to successfully cover up his tracks he has dismissed in quick succession senior staffers of the organization who are aware of the ongoing shenanigans.

For instance, just a few days ago, Aliyu Abdulhameed, summarily “dismissed” the organisation’s Acting Head of Internal Audit, Olalekan Olusanya for discharging his duties.
As Head of Internal Audit, Olusanya reportedly unearthed several financial scandals, which he communicated to the MD and other heads of units.

However, rather than take action, the MD instructed him to drop the reports.

On November 4, 2019, the Board Audit Committee, which is a high powered delegation of the CBN headed by Mr Edward L. Adamu, deputy governor of CBN Corporate Services, held a meeting with Olusanya and his team of auditors.

Shortly before the meeting with the CBN deputy governor, Aliyu ordered Olusanya to strike out details of fraud from his report.

Uncomfortable with the instruction, Olusanya craftily sent the fraud related documents from his official email to his personal email in order to retain the evidence to himself for the sake of future defense if the need arises.
In December 2019, the Nigerian Senate received a petition from concerned Nigerians indicting the MD of fraud, corruption, money laundering and related cases.

However, Aliyu believed that the petition against him was instigated by Olusanya, who had access to the company’s financial transactions and had discovered many nefarious activities going on

Insiders in NIRSAL informed SaharaReporters that Aliyu is on a viscous witch-hunt of perceived enemies within the agency.

On December 11, 2019, Aliyu ordered a query to be issued on Olusanya, asking him to explain why he breached the email policy of the company by sending official documents to himself.

Afterwards, Olusanya’s official laptop and phone were seized from him.On January 6, 2020, Olusanya was redeployed from Internal Audit to Agricultural Extension and Field Services Unit.

Even though he resumes work by 8:00am and closes at 5:00pm, his official laptop and phone which were seized were not returned while his official email was suspended.

He was being paid salaries but not assigned any job or given any job description, an effort to make him redundant so as to subject him to psychological trauma.

On April 30, 2020, Olusanya resigned from NIRSAL following several traumatic situations.

His resignation was officially received at the head office of NIRSAL on May 13, 2020, having paid a month’s salary in lieu of resignation and having dropped all official documents in his custody. MORE: https://www.e-nigeriang.com/nirsal-md-aliyu-abdulhameed-dismisses-senior-staffers-to-cover-multi-billion-naira-fraud/