Diversion of fund: Arraignment of ex-IGP Ehindero is good news - Group

Diversion of fund: Arraignment of ex-IGP Ehindero is good news - Group

- The Centre for Anti-Corruption and Open leadership (CACOL) commended ICPC for arraigning ex-IGP of police

- CACOL said most office holders in the country are guilty of the same allegations for which Ehindero is arraigned

- CACOl's chairman, Debo Adeniran, said the allegations against Ehindero makes one think he was not focused as an IGP

The Centre for Anti-Corruption and Open leadership (CACOL) on Wednesday, commended the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over the arraignment of Sunday Ehindero.

Ehindro, a former Inspector General of Police (IGP), was arraigned for the alleged illegal lodgement of police fund in a fixed deposit bank account with the aim of receiving the 10% interest that accrued from it.

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In a statement signed by the group’s assistant media and publications officer, Kojeku Adebodun, and made available to Legit.ng, CACOL’s executive chairman, Debo Adeniran, said: “With the way and manner cases of corrupt enrichment and acquisition are unfolding against the former Inspector General of Police (IGP), one would easily have the impression that the ex-police boss simply had no time for the job he was appointed to do, but rather preferred to divert public fund in order to satisfy his inordinate appetite. He is in the list of public office holders who abused their offices and must be condemned by all.

“Media reports indicate that based on the disclosure made by a banker identified as Aibangbe Maifuwa before Justice SC Oriji of a Federal Capital Territory high court, Abuja, the money which was N10.3m was part of proceeds from the N300m police fund Ehindero allegedly kept in a fixed deposit account.

“This type of fraud - that is diversion of public funds into fixed deposit accounts for personal gain - is common among principal officers that are in-charge of government funds.

“They do this by placement of such funds in their private accounts for several months and years in order to profit from the accrued interest before using the principal fund for its official purpose.

“This act has affected the general public negatively because the needs of the people would be denied at the time it is needed and realization of the government’s goal for releasing such fund would be delayed or even defeated,” Adeniran said.

The anti-corruption crusader recalled that a similar allegation of embezzling N16 million police fund was leveled against Ehindero in the past.

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According to CACOL, the money was the interest that accrued to N567 million which was donated to the police for the purchase of equipment by the Bayelsa state government during President Goodluck Jonathan’s tenure.

“The zeal so far exhibited in this case by officers and men of the ICPC under the current leadership is commendable and worthy of emulation,” he said.

Legit.ng earlier reported how the ICPC on Wednesday, November 28, 2018, re-arraigned Sunday Ehindero and a former commissioner of police, John Obaniyi, over alleged N16.4 million fraud.

The accused were again arraigned on a 10-count amended charge before a Federal Capital Territory High Court sitting at Apo, Abuja.

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Source: Legit

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