The judicial
commission of inquiry set up by the Ekiti State government to investigate allegations
of fraud against the former governor, now Minister for Steel and Minerals
Resources Development, Kayode Fayemi and others will begin proceedings next
week Monday at the State High Court premises, Ado Ekiti.
Apart from
Fayemi, others summoned are: former Commissioner for Finance, Mr. Dapo
Kolawole; Executive Secretary of the Universal Basic Education Commission
(UBEC); Ado Ekiti Branch Manager of Access Bank; Managing Director of Coscharis
Motors Limited; Tianjin-Yuyang Construction Eng. Ltd; CASA Nig Ltd and Exchange
Commission and Managing Director of SCOA Nigeria Limited.
The
commission was set up following a resolution passed by the Ekiti State House
Assembly few weeks ago, which directed the governor, Ayodele Fayose, to pursue
the investigations given that Fayemi failed to appear before the house when
summoned to come and testify.The assembly had accused Fayemi of diverting funds
belonging to the state Universal Basic Education Board while serving as
governor of the state.
It has as
terms of reference, to ascertain how much Ekiti State government received as
statutory allocations during the period under review and how same were
disbursed.
The
commission is also to “look into the financial transactions of the state
between 2010 and 2014; ascertain the amount received on behalf of the state
from the Universal Basic Education Commission (UBEC); investigate the
allegations of fraud/loss of funds, including the diversion and conversion of
the UBEC funds; ascertain the amount that the state took as loans during the
period under review and how they were utilized.”
It was also
mandated to consider all other issues relating to the finances of the Ekiti
State Government within the period under review, and to make appropriate
recommendations to the Ekiti State Government.

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