Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
Former governor of Kwara state, Abdulfatah Abdullrasaq has described the report of a forensic audit indicting his his administration of financial misappropriation as preposterous, naïve unspecific and generally unfounded.
In a statement by his media aide on Thursday, the former governor explained that every expenditure during the period under review was properly appropriated and followed due process. If there were infractions as alleged, there are laid down procedures for correction.
Mr Abdulrasaq said since he left office three years ago, the accounts have been properly audited by various auditing agencies and had been certified.
“Since we left office more than three years ago, the accounts have been properly audited by various auditing agencies and had been certified. Any query now, six months to election, on the legality or otherwise of the expenditure, are after thought and politically motivated.
“Rather than search for what is not lost or embark on political vendetta, this Government should account for more than N.3trillion accruing to it in the last three years without commensurate infrastructural development. The debt profile of this government is unprecedented in the history of Kwara State. As at today, Kwara State is paying not less than N1.3 Billion monthly as interest on various largely unaccounted for loans.
“As recently confirmed by His Excellency, AbdulRahman AbdulRazak in his guided chat with his media agents, N17 billion out of N27 billion bond is “sitting in a bank” while the state continues to pay interest on it. This raises a lot of questions as to the reason the bond was taken in the first place,” the statement said.
The former governor advised his successor to tell Kwarans when last he held a State Executive Council meeting to approve various contracts and other expenditures.
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