He equally suspended the project coordinator to allow for unhindered review of the loan administration while the consultant was directed to return to government the N70million bullet proof jeep in her possession.
The governor of Osun State, Senator Ademola Adeleke, has directed the immediate suspension of the project consultant for the Ilesa Water Project, Mrs Tawa Williams, over alleged questionable handling of $106million dollar loan for the project.
The governor in a statement by his spokesperson, Olawale Rasheed, further ordered full scale probe of the entire project and disbursed loans especially as there was no progress on the project despite reported disbursement of N10billion and another $28million on the project.
He equally suspended the project coordinator to allow for unhindered review of the loan administration while the consultant was directed to return to government the N70million bullet proof jeep in her possession.
The statement said the governor’s directive was sequel to the interim report of the State's Assets Recovery Committee chaired by Dr B.T. Salami which made recommendations for immediate action to stop further squandering of loans secured to execute the Water Project.
“The State Chief Executive frowned at large scale corruption reflected in the handling of the loans and the project, an action he regretted has denied people of Ilesa and environs of drinkable water.
"My administration will dig into this matter with all seriousness. The huge fund in question is loans to be repaid. We have a sacred duty to ensure accountability and transparency in the handling of the fund and the project.”
The Assets Recovery Committee had submitted an interim report which revealed an ongoing large scale pilfering of the procured loans while the project recorded no progress commesurating with reported expenditure.
According to the interim report of Salami led committee, the Islamic Development Bank agreed to fund the project to the tune of $65 million while the Federal Government provided $41.94 million.
"So far, a total of $27.073 million has been expended from the IDB loan of $65 million, leaving a balance of the sum of $37.926 million. However, from the Federal Government loan of $41.94 million which the Consultant had converted to N12 Billion, the sum of N10 Billion had been purportedly spent on the project, leaving a balance of N2 Billion,” the report posited.
The committee noted that despite the huge sums of $27.073 million and N10 Billion of the state resources (repayable loans) already spent so far, the Ilesa water project was not yet functional and the people of Ilesa were yet to access any water.
The recommendations of the committee which Governor Adeleke endorsed are as follow, “The suspension of the Consultant and the Project Coordinator with immediate effect;
“The Government should take a second look at the process leading to the auctioning of the various water pipes across the state and the revenue which accrued therefrom;
“Given the enormity of the money involved in the Ilesa Water Project which are loans repayable by the Osun State Government both to IDB and the Federal Government, the execution of the project be probed with a view to ensuring that the state gets value for its money and that the loans are not diverted to private pockets;
“The N70 million bullet-proof project vehicle in possession of the Consultant be immediately retrieved from her; The State Government should reconcile the level of its financial exposure ($65 million and $41.94 million) on this project with other financial exposures of the state with a view to determining and/or ascertaining the total indebtedness of the state to both local and international creditors.”
chikason22: Why will he campaign for a criminal. Not that he isn't one but Thiéfnubu is a hardcore criminal. Very corrupt drug lord.
It's too dangerous to Hans over our precious county to that Lagos landlord and his lazy thiefing family. More like family of thieves. They just seat down and cash out cheques while Urchíns and agberos do their dirty works. Omo
Infact, if you want to be useless for life, just support APC central or become Thiéfnubu urchín.
Tribalism is the reason why over 133m Nigerians are living in abject poverty. Please vote wisely come February 2023. Else suffering of a magnitude of 8.5 on poverty scale will sweep us away.
GOTVee: Even though I'm a born again Christian, I must confess I had an erection. May the lord forgive me and deliver me from the spirit of Delilah. This is why I commend Islamic tenets and teachings. No Muslim woman will expose their bodies like this. We Christians need to emulate our Muslim brothers and sisters so we don't bring shame to the church.
You need to have self control. The pictures did nothing for me.
obailala: This isn't really about being insensitive to jokes, rather the primary reason Tinubu supporters are angry with this is cos they're ashamed of their candidate.
Atlantis585: He is named Godwin for a good reason. The longest serving CBN Governor has been through many battles and survived. He will win this one too. Crooked drug dealing Thiefnubbu and all the BATstards supporting him will be disgraced more because they have nothing good to offer Nigerians. They are trying to get him out of the way so they can reverse every good thing done to stop them from buying the next election.
rontolo: So disheartening that the man, Tinubu, may end up as President. That’s because the system is rigged by the political elites. Look at Tinubu’s primary supporters. All beneficiaries of his political stranglehold. Many are also hoping to reap at the expense of the majority!
Nigerians must support Peter Obi as Nigerias only hope to return power to the people. Nigeria needs a reset. Nigeria is finished under a Tinubu Presidency!
What kind of coward attacks a woman with charms. Especially, one he chose to be his Deputy.
We just they watch as the owners of Nigeria fight for the throne and control of Central Bank of Nigeria and Niger Delta oil blocks that can transform them instantly to dollar billionaires.