₦airaland Forum

The Kaduna State Governor, Mallam Nasir el-Rufai said on Saturday that with the adoption of the Single Treasury Account, the state had traced and uncovered N4bn stashed in 470 different accounts in 23 commercial banks.

He noted that the Peoples Democratic Party administration had been operating these (470) accounts in different banks over the years with various names.

According to the governor, but for the adoption of the Single Treasury Account system, nobody would have traced and discovered the accounts or recovered the said money.

El-Rufai, who spoke through his deputy, Barnabbas Bala, stated this at the Third Town Hall Meeting, initiated by the government to interface with the people of Southern Kaduna senatorial district.

It was held at Kafanchan, in Kaura Local Government Area of the state, on Saturday.

The deputy governor, who represented his principal, said through the Single Treasury Account, the government was able to trace and discover the said amount in the banks.

He also told the audience that El-Rufai was on an official engagement outside the country.

The El-Rufai administration, in early August this year, announced the adoption of the Single Treasury Account and directed all commercial banks with the state funds to remit such (money) to the Central Bank of Nigeria.

The deputy governor while addressing the people of the zone, said the system had begun to yield the state result as the government was able to trace and discover N4bn.

The amount, he said, was in 470 different account names and banked in 23 commercial banks by the government of the PDP in the state.

He said the STA accounting system, which had been in operation since September 1, was aimed at ensuring transparency and accountability in governance.

He said, “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 also disclosed that despite the autonomy given to local governments in the state by the current administration, some councils in the state were highly indebted.

http://www.punchng.com/news/n4bn-uncovered-in-470-accounts-says-el-rufai/

How true is this? Dear Governor.please ensure that the money is properly utilized to the utmost benefit of the state.

is the money hiding before?
were they in private accounts?
what is the hulla balllooo?
maybe the migget hell-rufia
wants all government agencies to queue in front of his office if they need printing paper

Issorite oooo
so buari is recoviri moni from mai peplu Kontiniu and Godu wi see us ...... Im mama peace voice

Hmmmm

Ghen ghen

Brb

When will it be our time

Wondering if this figure is real or not. And some individuals have the nerve to steal it for themselves. How do they manage to sleep and snore at night?

El rufai = junior PMB

I thought he was the governor of Kaduna? are the accounts in Kaduna?

Noted!

Pdp oya explain...

Nice one

.listen to one news all f*****g time but they ain't doin s#!t

tunwumi:
When will it be our time

To steal you mean?

revelation without evidence!

Nigerians don't just want recovery. It's about time they start disclosing names of these thieves and arraign them to face prosecution. People want justice for the injustice meted out by the previous administration. How can one person steal to the tune of billions? Does he or she want to eat 100 meals a day? GMB, please start jailing abeg.

Fee Dee Fee

lifezone247:
To steal you mean?

Nope. Time to have a better Nigeria

Ofodirinwa:
I thought he was the governor of Kaduna? are the accounts in Kaduna?

What is dis one saying

El Rufai. At least N4bn can build you a new house.

All xpenses paid. Will he be different from others. ?

YoursGEJ:
Fee Dee Fee

How has the news benefitted anybody. ?

400billionman:
How has the news benefitted anybody. ?

It reveals the extent to which your so-called heroes drained and damaged the country and surely, they must be held accountable.

ait.

400billionman:
El Rufai. At least N4bn can build you a new house.

All xpenses paid. Will he be different from others. ?

People can never be satisfied. Keep wailing...

lolaxavier:
People can never be satisfied. Keep wailing...

Kindly mention one sincere Nigerian politician who is not corrupt ?

I do not belong to any party. I belong to Nigerians

K

Sai el-Rufai

The accounts were not hidden from government. They were all government money in different accounts. They just pooled all the resources into one account. If they were hidden, the commercial banks will not indicate it.

Let's see how this will affect Private Sector in Kaduna State.

May God help Nigeria and Kaduna State.

400billionman:
Kindly mention one sincere Nigerian politician who is not corrupt ?

I do not belong to any party. I belong to Nigerians

I don't get your point. The fact that every Nigerian politician is corrupt by your standard means crimes should be swept under the carpet if any is detected. Chai....and these are our so-called youths o. SMH seriously...

lolaxavier:
I don't get your point. The fact that every Nigerian politician is corrupt by your standard means crimes should be swept under the carpet if any is detected. Chai....and these are our so-called youths o. SMH seriously...

Anti corruption is not a selective fight.

I wish all be probed even the bogus contracts of lagos state, not just shouting, "Jonathan government is corrupt ".