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Monumental Fraud Rocks Zamfara State …… + How Gov Yari Milked The State Dry Eighteen Years After Creation…..

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Zamfara State till date remains a traditional rural state due to some lapses, gross non-performance and corruption by virtually all the previous administrations of the state. In this analysis, Society Reporters takes a peep at the state and the impediment that deters the progress and revealed that democracy still stands a chance to survive, only if the main actors can give the necessary inputs in real terms. For a long time, Zamfara indigenes have prayed for salvation and solace especially, this is what the political class in Zamfara lack, a sense of dedication, patriotism and commitment. Most of them are not even fair to themselves much less for those that gave them the mandate. Pundits averred that the attitude in itself is inimical to democratic ideals and consequently anti democratic and by extension autocratic, a situation where anything can go when money is involved is very disastrous and unfortunate. Truly, democratic set up in Nigeria were full of corrupt practices. It is the same practice that had hindered the state from economic growth and infrastructural development, despite collecting over N370Billion as statutory allocation from the federation account within the period.
Investigations revealed that Governor Abdul Azees Yari’s administration, has failed by the judgment of majority and in fact by his own admission and to register an appreciable success. His failures were indeed followed by his inability to fight corruption, or better still his choice to allow carefree attitude of people in the corridors of power to continue dominating the system. Our findings revealed that everything remains as it use to be, even worse. Money from the public treasury were used to achieve political ends, an episode where government tendered cash allegedly forwarded to top politicians for victories is still the public funds. And none of them has given any explanation in that respect. This administration has not made sincerity and dedication as their hallmark, which is why they have not built a strong economic base and a conducive Zamfara State. The money they were alleged to have looted is more than the little they spent for public projects during this administration. The evil calamity they inflicted on the masses is still haunting the common masses. The state has been placed into a waste basket. Ask them, is the money they stole into their accounts not enough to service the debt the state owes? After robbing the state of its resources, they still went to disgrace its image in the world. Governor Yari on assuming power, worsened the debt crisis in the state by securing illegal loan of N4Billion allegedly with high interest rate for some supposedly Sharia projects. The facility was secured without the approval of the state House of Assembly and before the constitution of the State Executive Council. Questionable projects that are not priority to the immediate needs of the people but were created to favour the economic interest of friends, associates and conduit pipes was awarded by Yari in violation of due process and from all analysis over inflated. Governor Yari is perhaps today the most widely travelled state governor in Nigeria, with a record of spending over N2Billion on expenses incurred on hotels, food and air craft charter across Nigeria, revealed by an insider that pleaded anonymity. His frequent travels to Dubai, London and Saudi Arabia, according to the source have cost the poor people of Zamfara State more than N500Million within less than one year according to the source. Within the same period, Zamfara owing to Yari’s negligence and disregard to the welfare of the people has lost the services of more than 20 medical doctors, due to nonpayment of their salaries and failure to effect the payment of their allowances and salary increments. Investigation also reveals that nearly 50% of the highly substandard but inflated projects Yari has embarked upon was concentrated in his home town of Talatan Mafara, a move condemned by citizens of the state as irresponsible for a leader that was elected by all the people of the state. Another source who pleaded anonymity told this online media that Yari was warned by his Malam not to relocate to the Government House, hence his illegal decision to remain in his home at Talatan Mafara, since he was elected and incurring huge expenses in the process and subjecting the police and other security agents to divide within the Government House in Gusau and the governor’s house at Talatan Mafara. Among all the former governors of Zamfara State according to those interviewed by Society Reproters, “Yari in less than one year through his conduct, policies and vision has proven to be the most insensitive with no clear policy direction. From creation, the state has never got any direction or focus due to poor financial management by the past leaders of the state. The whole system has become faulty democratically as there was no trust or truth in the system. The influx of the youth to the urban areas increased the rate of political thuggery in the state. According to Malam Bello Gusau, “it is shameful and disgraceful that the world has stepped into a global village, yet Zamfara is yet to locate its level, in dire need of development. The failure of all the government is because they did not have a sense of purpose, direction and focus. The gravity of the whole offence lies drastically and terrifyingly on the past leaders who left power to Governor Abdul’azeez Yari. While Yari had continued to plunder as the case of his predecessors, pundits believed that he inherited virtually nothing from the past governors. But considering the kind of leadership and lack of accountability Zamfara witnessed in the last ten months under Yari, the incumbent governor and his predecessors are to be collectively blamed for the backwardness of the state and for allowing so called contractors to defraud the state with nothing commensurate in return. Pundits also averred that if Yari is indeed serious in fighting corruption he must start with himself by stopping his unnecessary foreign and domestic trips and ensure sanity and transparency in awarding government contracts and in determining who or which company is qualified. They also said that Yari should start the war on corruption by subjecting his blood brother, Ja’afaru Dan’ auta to the EFCC for investigation, because according to them the stupendous wealth Dan’auta is intimidating the people with which he didn’t have prior to the emergence of his brother as governor must be investigated to convince the people that Yari is sincere and committed to fight corruption. They said virtually all the commissioners of Yari are redundant because all issues that has to do with money is now under the authority and monopoly of Dan’auta, Usman Sahabi Kaura and Alhaji Sani Jega. “The situation in Zamfara is unfortunate. Dan’auta is illiterate and has nothing before his brother became governor. Usman Sahabi has been cheating Zamfara and making Millions since Yarima was governor. If the governor is serious Dan’auta, Usman Kaura and Sani Jega must go to jail for the financial crimes they are committing against Zamfara and its citizens”, Bello said. But many believed that if the way Yari has started by reducing government to impact on the economic lives of few privileged in the state is anything to go by, he will go down as the worst governor Zamfara State has ever had. For now and in view of the typical leadership direction of Yari, the hope of getting a governor that will transform the state and its economy has been dashed in Yari.

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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