x

EFCC grills Alabi over alleged diversion of N5.2b ALGON funds

The Economic and Financial Crimes Commission, EFCC, has according to report, commenced the interrogation and investigation of a dissolved factional president of Association of Local Government of Nigeria, Hon. Kolade Alabi in a case of corruption and diversion of over five billion naira of the associations’ fund.

According to reports, Alabi arrived the headquarters of the anti-graft agency in Jabi, Abuja on Monday and is currently being detained and grilled by operatives of the agency.

Though details of the level of interrogation as at press time was still sketchy, but it was gathered that Alabi has a lot of case to answer to especially the diversion of five billion naira funds allocated to the association for the development of the 774 local government area.

Meanwhile the Interim Management Committee had in an earlier report revealed that Alabi and his cohorts has continued to impersonate leadership of the association and also diverting funds meant for the association to their personal accounts for personal use as part of the funds which was traced to an account was opened with First Bank of Nigeria, through account number: 2034749191 could not be accounted for by the persons involved.

Alabi who is currently backed by shadow parties in high places in the polity, leads a faction of ALGON and has been locked in a battle of supremacy with the Interim Management Committee (IMC) of ALGON led by the Chairman of Suleja LGA of Niger state, Hon Abdullahi Maje.

However, the IMC reacting to the development on Tuesday, begged the anti-graft agency to ensure that justice is served and Alabi is made to return all the stolen loots belonging to the association as ALGON is a very sensitive body, which superintends over the affairs of the 774 constitutionally recognised local government areas in Nigeria hence whoever holds the rudder to its ship, should be accountable and transparent to all and sundry, especially the executive level.

Hot this week

FG Distributes Food Aid to 42,000 Vulnerable Residents in Yobe

The Federal Government has begun the distribution of food...

PDP cautions Gov Eno against playing politics with Ibom Seaport

By Ogenyi Ogenyi,UyoThe PDP Advocates for Peace and Justice...

INEC blames unpopular candidates by parties for voter apathy

By Ogenyi Ogenyi, UyoChairman of the Independent National Electoral...

$200m Project: President Tinubu is Behind My Success — Uba Sani

By Achadu Gabriel, KadunaGovernor Uba Sani has revealed that...

Kaduna Government Warns Against Illegal Land Sales at NNPC Quarters in Sabon Tasha

By Achadu Gabriel, KadunaThe Kaduna State Government has...

Managing External and Internal Economic Shocks in Nigeria’s Oil-Dependent Economy

By Okechukwu Keshi UkaegbuGlobal disruptions—whether from wars, supply chain...

EFCC Arraigns Four in Lagos Over Alleged N91.7m Theft and N3.4m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

Plateau APC EXCO Passes Vote of Confidence on National Chairman Nentawe Yilwatda

By Israel Adamu, JosThe Plateau State Executive Committee...

Nigerian Youth Storm National Assembly Demands Access to Present Dishonourable Award to Senator

Nigerian Youth under the leadership of Empowerment for Unemployed...

Related Articles

Popular Categories

spot_imgspot_img