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

Uche Maduagwu Admits Receiving ₦2.5m to Troll Davido, Offers Public Apology

Controversial Nollywood actor Uche Maduagwu has apologised publicly to...

Fanwo Hails Rep Abejide’s N710m Community Project Grants in Yagbaland

By Noah Ocheni, LokojaThe Kogi State Commissioner for Information...

Kano Government Reaffirms Commitment to Citizens’ Security — NNPP Chairman

By Jabiru HassanThe Kano State Government has reaffirmed its...

AFCON 25: Man United’s Diallo scores as Ivory Coast beat Mozambique 1-0

Manchester United forward Amad Diallo scored the decisive goal...

Sheikh Gumi Faults US Airstrikes in Nigeria, Urges Government to Seek Alternative Allies

Islamic cleric Sheikh Ahmad Gumi has criticised the recent...

VeryDarkMan Reacts After Spotting Seyi Tinubu’s Poster in Morocco

Social media activist Martins Otse, popularly known as VeryDarkMan,...

10 States Plan N4.3tn Borrowing to Fund 2026 Budgets

Ten states are planning to raise about N4.287tn through...

PDP Crisis Can Be Resolved in One Week — Olawepo-Hashim

A former presidential candidate of the Peoples Democratic Party...

Baiting the Dragon’s Fire: U.S- Taiwan Arms Deal Sparks China’s Fury

By Dr. Austin MahoThe US recently approved an $11.1...

Nupe Natives of Lokoja Union Provides Free Medical Outreach to Residents

By Noah Ocheni, LokojaThe Nupe Natives of Lokoja...

TCN End-of-Year Message Highlights Landmark Power Sector Reforms, Infrastructure Growth

By Jabiru HassanThe TCN end-of-year message delivered by the...

Related Articles

Popular Categories

spot_imgspot_img