A
governor is reportedly in trouble with the security agencies after the
sum of $10 million he diverted from the bailout funds allocated to his
state was hijacked by his US-based lover.
File photo
A governor is under probe after the sum of $10 million he diverted
from the bailout funds allocated to his state was hijacked by his
mistress.
The governor was said to have commissioned his mistress to help him
launder the said sum only for the latter to refuse to remit it in the
slush accounts the governor provided.
Already, the money in question has been traced to a bank in the United States.
The Nation investigation revealed that the governor resorted to
using his US-based mistress to stash the funds abroad in order to avoid
monitoring by security agencies.
The cash was allegedly either wired or hauled in tranches in order to beat the nation’s Financial Intelligence Unit (FIU).
In spite of the governor’s tricks, however, security agencies were able to intercept the deal between him and his mistress.
It was gathered that the diversion of the looted $10 million by the
mistress created an uproar that triggered the ongoing investigation of
the deal between the love birds.
One of the sources involved in the probe said: “A governor from an oil-producing state is in soup and under probe by some security agencies.
“The governor seems to have been duped by his mistress who
stays in Texas in the United States. The governor is worried after
discovering that his girlfriend has defrauded him of $10 million.
“What started as a love affair and promises of good faith has
turned sour. Yet the governor would not want his wife or the people of
the state, who will be disappointed, to know about this ugly
transaction.”
The security chief added: “Investigation so far indicated that
the governor allegedly diverted part of the bailout funds meant for his
state to the mistress.
“All relevant security agencies are already tracking how the
cash was wired to the mistress as well as the whereabouts of the funds.
“Very soon, the details of the transaction will be revealed to
Nigerians. This is why the government has decided to monitor how bailout
funds and London-Paris loan refunds were spent.”
The Presidency in 2016 released the sum of N1. 266.44 trillion to 36 states within nine months.
The breakdown includes N713.70 billion special intervention funds
to states and London Paris Club loan refunds of N522.74 billion.
The Independent Corrupt Practices and Other Related Offences
Commission (ICPC) had said 16 states were yet to disburse about N57,
663, 185, 735 of the bailout funds approved for them by President
Muhammadu Buhari.
The agency also indicted some of the states for diverting the bailout funds which were meant for workers’ salaries.
Source: The Nation
Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING
No need to visit Tonygists just use the android application click for more info Tonygists android application
Visit some of the website built by tonygists
1. south south penpushers : south south pen pushers
2. kingdom builders : Kingdom builders
Tonygists bro: honest zone
Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist
Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world
Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists
Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists
Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose
Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions
Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest
Are You On Twitter? Follow Us Now For Latest Updates - @tonygists
Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists
Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists
© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.
