Fayose: Ekiti governor sets up panel to probe Fayemi

EKITI: Ex-governor Kayode Fayemi (L) and present governor Ayo Fayose (R)

Fayose inaugurated the eight-man panel on Monday, May 22, in Ado Ekiti, the state capital.

Ekiti State Governor, Ayo Fayose has set up a panel to investigate his predecessor, Kayode Fayemi for alleged mismanagement of state funds.

Fayose inaugurated the eight-man panel on Monday, May 22, in Ado Ekiti, the state capital.

The panel, inaugurated is headed by retired high court judge, Bamidele Oyewole.

The judicial commission of inquiry is expected to “look into the financial transactions of Ekiti state under the administration of Dr John Kayode Fayemi.”

The terms of reference of the commission are as follows:

“To ascertain how much Ekiti State Government received as statutory allocations during the period under review and how same were disbursed.”

“To look into the financial transactions of Ekiti state between 2010 and 2014.”

“To ascertain the amount received on behalf of the state from the Universal Basic Education Commission (UBEC).

“To investigate the allegation of fraud/loss of funds, including the diversion and conversion of the State Universal Basic Education Board Fund.”

And “To ascertain the amount the Ekiti state government took as loans during the period under review and how they were utilized and all other issues relating to the finances of the Ekiti state government within the period under review.”

The panel has three (3) months to submit its report to Fayose.

Fayemi had earlier been accused of fraud by the House of Assembly but he denied the charges.

ALSO READ: Fayemi condemns Ekiti Assembly over N40B fraud allegation

The former governor, now the Minister of Solid Minerals, has sued the Assembly for N500 million due to the allegations.

pulse.ng – Politics

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