- The Zamfara state government has raised an alarm over missing funds in its treasury
- A committee set up by Governor Bello Matawalle discovered that the sum of N107 billion was stolen by the Abdulaziz Yari-led government
- Governor Matawalle, however, promised to recover the embezzled funds
An investigative committee set up by the Zamfara state government under Governor Bello Matawalle has revealed how much was allegedly stolen by the administration of Abdulaziz Yari.
According to the final report submitted by the Alhaji Ahmad Zabarma-led committee on mismanagement of public finances and procurement processes, the sum of N107 billion is missing in the state's treasury.
However, the governor vowed that his government will do all it takes to recover this looted fund.
On his verified Twitter page, Governor Matawalle revealed:
“Yesterday, I received the final report of Alhaji Ahmad Zabarma-led committee on mismanagement of public finances and procurement processes.
“A whopping sum of N107 billion was stolen from state coffers by the previous administration. We will recover these embezzled funds!”
Earlier, the state government cried out over the whereabouts of the sum of N37 billion, a refund of the federal government for projects completed by the state.
According to Alhaji Rabiu Garba, the state commissioner of Finance, the state government has called for the help of security agencies to begin an investigation in the worrisome issue.
In his conversation with journalists on Tuesday, September 22, he accused Yari’s administration of being responsible for the misappropriation of the said fund used for the construction of 14 federal roads in the state.
“We understood that the cost of the verified projects at the Federal Ministry of Works stood at over N37 billion.
“But when we asked for refunds of the said amount, it was confirmed by both the Federal Ministry of Works and the Debt Management Office that the amount had been paid fully.
“On further investigation, we gathered that the money was collected by the Director-General of Nigerian Governors’ Forum and one lady who also worked in the same place on instructions from former Zamfara government."
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