x

Revealed! Kolade Alabi evading arrest after diverting N5.2B ALGON funds

  • Tinubu playing godfather to Alabi, says ALGON-IMC
  • Urges the anti-graft agency to ensure justice is served

The Interim Management Committee of Association of Local Government of Nigeria on Sunday, revealed that Hon. Alabi Kolade, the de facto leader of the association, has been evading arrest after diverting funds meant for the development of the association.

According to the IMC, Alabi had refused to adhere to invitations of the economic and financial crimes commission after he impersonated as leadership of the association diverting over 5.2 billion naira belonging to the 774 local government areas of the association, to which he doesn’t belong to any

Recall earlier report had it that the erstwhileNational President ALGON was vacated by a court and ordered not to parade himself as leadership of the association after it was discovered that he is an LCDA chairman in Lagos State and not a local government chairman of any the 774 local government which is the criteria for a presidential position as stipulated by the constitution guiding the association.

Further report has it that Alabi since the inception of crisis, has neither been seen at the associations headquarters or even in the Federal Capital Territory. He is also alleged to have the backing of Bola Ahmed Tinubu, who was the former governor of Lagos state and current national leader of the All Progressive Congress.

The IMC revealing the Alabi has overtime set up a team of individuals to continue to flout court orders through an in substantive court however expressed optimism, that the EFCC having shown its thirst for justice and transparency under its new leadership, would eventually bring Alabi to book as theyare in possession of documental evidence exposing how Alabi kolade and Hajiya Binta Bello diverted and shared the monies belonging to the association from account number2034749191bank-First Bank of Nigeria.

Hot this week

China, Nigeria Celebrate Lantern Festival, Renew Push for Women’s Empowerment

China and Nigeria have renewed their resolve to deepen...

COCSON Defends Umahi, Urges Due Process in Sowore Confrontation

The Coalition of Civil Society Organisations in Nigeria (COCSON)...

ICPC Details Items Seized From Nasir El-Rufai’s Abuja Residence

The Independent Corrupt Practices and Other Related Offences Commission...

AI firm raises $30,000 from Pre-Seed Funding in Nigeria,UK

By Ogenyi Ogenyi,UyoA Nigerian artificial intelligence startup, building automation...

China, Nigeria Celebrate Lantern Festival, Renew Push for Women’s Empowerment

China and Nigeria have renewed their resolve to deepen...

EFCC Arraigns Two Bankers Over Alleged $306,667 and €50,250 Fraud in Lagos

By Francis WilfredThe Economic and Financial Crimes Commission...

Court Adjourns in Yahaya Bello Trial to Rule on Property Documents

By Francis WilfredThe Federal High Court in Abuja...

Unfulfilled Political Promises Must End, Wike Tells Bwari Residents

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

NOA, NAFDAC,FCCPC Flag- Off Joint Campaign Against Sachet Alcoholic Drinks

By Joyce Remi- BabayejuIn a collaborative effort, the National...

A’Ibom clears N39bn inherited bank debts

By Ogenyi Ogenyi, UyoAkwa Ibom State government has said...

AI firm raises $30,000 from Pre-Seed Funding in Nigeria,UK

By Ogenyi Ogenyi,UyoA Nigerian artificial intelligence startup, building automation...

Cristiano Ronaldo Departs Saudi Arabia for Madrid Amid Regional Tensions

Al-Nassr captain Cristiano Ronaldo has reportedly left Saudi Arabia...

Related Articles

Popular Categories

spot_imgspot_img