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Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund - Politics - Nairaland

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Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Kelf2016(m): 5:29am On Feb 10, 2023
Breaking:
Bank Declined Gov. Abdulrahaman request to secretly transfer N500m from World Bank's immunisation fund to private account

A new generation bank sitting in Ilorin , the Kwara state capital has reportedly rejected a transfer request of N500million allegedly submitted by some aides of Mallam Abdulrahaman Abdulrazaq for failing due diligence policy

The transfer request , according to top banking official who does not want her name mentioned , is expected to be withdrawn from the N887.8million world bank's fund credited to the state recently to fund immunization project .

The banking official said they turned down the request because the transfer request form, which was hurriedly filled in favour of a private account holder , whom they claimed is a health consultant to government does pass integrity test to receive such slush fund .

She explained further that ,apart from the fact that the signature on the transfer form was considered not regular , the beneficiary account was recently opened in Abuja as a corporate account with a foreign lady as sole signatory .

She said although, the bank regional manager had received several calls from the Governor, giving approval to the withdrawal, but the operation head of the bank declined to minute to the transaction, for failing due diligence test of the bank

Asked to name the foreign lady in the conversation, she said it's against the banking principle to reveal identity of their customers

In January this year, the world Bank announced that Kwara state government had received the sum of N887m under the Immunisation Plus and Malaria Progress by Accelerating Coverage and Transforming Services project.

The fund support which came through the World Bank assisted- IMPACT project was targeted at financing infrastructure upgrade of at least one Primary Health Care Centre in each of the 193 wards in Kwara State

The Abdulrazaq administration is notorious for being reckless with states fund. The opposition in the state have accused Abdulrazaq of inability to account for almost N500bn which his government has accessed within three years in office with close to N60bn loan and bond borrowed on behalf of the state .

A civil society organization in the state , ENETSUD had in several occasions indicted the Ramoni-led administration of financial missaproriation through contract inflation and others .

The organisation also indicted the Government of shaddy dealings in N138million Naira which was paid to a contractor without due process for 38 units of transformer .

Up till today, the Abdulrazaq administration has been unable to account for Kwarans how the contractor , a government crony could run away with N138million transformer fund with nobody holding him accountable .

Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by ican2020: 5:37am On Feb 10, 2023
May God deliver Nigeria from some very bad Nigerians

2 Likes 1 Share

Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Pay4u: 5:38am On Feb 10, 2023
Ok
Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by hybrid77: 5:39am On Feb 10, 2023
Everybody just dey thief

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Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Nobody: 5:49am On Feb 10, 2023
APC

1 Like

Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Urchinpainer: 6:03am On Feb 10, 2023
Criminals.... All of Una go vomit money for Obi to work.

1 Like

Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Creamypie(m): 6:06am On Feb 10, 2023
Nigerians deserve the kind of rulers who rule them
Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by MMWandali: 6:21am On Feb 10, 2023
Another APC governor

Nigeria decides Feb 25
Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Sholyments(m): 9:39am On Feb 10, 2023
Kelf2016:
Breaking:
Bank Declined Gov. Abdulrahaman request to secretly transfer N500m from World Bank's immunisation fund to private account

A new generation bank sitting in Ilorin , the Kwara state capital has reportedly rejected a transfer request of N500million allegedly submitted by some aides of Mallam Abdulrahaman Abdulrazaq for failing due diligence policy

The transfer request , according to top banking official who does not want her name mentioned , is expected to be withdrawn from the N887.8million world bank's fund credited to the state recently to fund immunization project .

The banking official said they turned down the request because the transfer request form, which was hurriedly filled in favour of a private account holder , whom they claimed is a health consultant to government does pass integrity test to receive such slush fund .

She explained further that ,apart from the fact that the signature on the transfer form was considered not regular , the beneficiary account was recently opened in Abuja as a corporate account with a foreign lady as sole signatory .

She said although, the bank regional manager had received several calls from the Governor, giving approval to the withdrawal, but the operation head of the bank declined to minute to the transaction, for failing due diligence test of the bank

Asked to name the foreign lady in the conversation, she said it's against the banking principle to reveal identity of their customers

In January this year, the world Bank announced that Kwara state government had received the sum of N887m under the Immunisation Plus and Malaria Progress by Accelerating Coverage and Transforming Services project.

The fund support which came through the World Bank assisted- IMPACT project was targeted at financing infrastructure upgrade of at least one Primary Health Care Centre in each of the 193 wards in Kwara State

The Abdulrazaq administration is notorious for being reckless with states fund. The opposition in the state have accused Abdulrazaq of inability to account for almost N500bn which his government has accessed within three years in office with close to N60bn loan and bond borrowed on behalf of the state .

A civil society organization in the state , ENETSUD had in several occasions indicted the Ramoni-led administration of financial missaproriation through contract inflation and others .

The organisation also indicted the Government of shaddy dealings in N138million Naira which was paid to a contractor without due process for 38 units of transformer .

Up till today, the Abdulrazaq administration has been unable to account for Kwarans how the contractor , a government crony could run away with N138million transformer fund with nobody holding him accountable .

This is serious but not surprising, a lot of Taxpayer’s fund have gone missing under this administration, if not, what can they point to as tangible project with the huge fund recieved under AA since 2019? A time to ask is coming, kwarans must vote out this corruot government come march
Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Tochi3(m): 9:44am On Feb 10, 2023
grin

Last Minute lootimg incorporated to Fund Thief'nubu's dead on arrival APCshit MU-MU ticket

1 Like

Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by Sholyments(m): 9:50am On Feb 10, 2023
Tochi3:
grin

Last Minute lootimg incorporated to Fund Thief'nubu's dead on arrival APCshit MU-MU ticket
I wonder what some people are still doing in apc . Imagine the Yahaya bello wife saga

1 Like

Re: Bank Declined Kwara Governor Request To Transfern500m From World Bank Fund by omonnakoda: 9:52am On Feb 10, 2023
Kelf2016:
Breaking:
Bank Declined Gov. Abdulrahaman request to secretly transfer N500m from World Bank's immunisation fund to private account

A new generation bank sitting in Ilorin , the Kwara state capital has reportedly rejected a transfer request of N500million allegedly submitted by some aides of Mallam Abdulrahaman Abdulrazaq for failing due diligence policy

The transfer request , according to top banking official who does not want her name mentioned , is expected to be withdrawn from the N887.8million world bank's fund credited to the state recently to fund immunization project .

The banking official said they turned down the request because the transfer request form, which was hurriedly filled in favour of a private account holder , whom they claimed is a health consultant to government does pass integrity test to receive such slush fund .

She explained further that ,apart from the fact that the signature on the transfer form was considered not regular , the beneficiary account was recently opened in Abuja as a corporate account with a foreign lady as sole signatory .

She said although, the bank regional manager had received several calls from the Governor, giving approval to the withdrawal, but the operation head of the bank declined to minute to the transaction, for failing due diligence test of the bank

Asked to name the foreign lady in the conversation, she said it's against the banking principle to reveal identity of their customers

In January this year, the world Bank announced that Kwara state government had received the sum of N887m under the Immunisation Plus and Malaria Progress by Accelerating Coverage and Transforming Services project.

The fund support which came through the World Bank assisted- IMPACT project was targeted at financing infrastructure upgrade of at least one Primary Health Care Centre in each of the 193 wards in Kwara State

The Abdulrazaq administration is notorious for being reckless with states fund. The opposition in the state have accused Abdulrazaq of inability to account for almost N500bn which his government has accessed within three years in office with close to N60bn loan and bond borrowed on behalf of the state .

A civil society organization in the state , ENETSUD had in several occasions indicted the Ramoni-led administration of financial missaproriation through contract inflation and others .

The organisation also indicted the Government of shaddy dealings in N138million Naira which was paid to a contractor without due process for 38 units of transformer .

Up till today, the Abdulrazaq administration has been unable to account for Kwarans how the contractor , a government crony could run away with N138million transformer fund with nobody holding him accountable .
What is the source of this tale

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