Thursday, 28 July 2016

Isah Yuguda's administration withdrew N1bn in single day – Bauchi Gov, Muhammad Abubakar

The Governor of Bauchi State, Alhaji Muhammad Abubakar, in a press conference in Abuja on Wednesday accused the administration of his predecessor, Alhaji Isah Yuguda, of withdrawing N1bn from one of the state’s accounts in a single day.

He alleged that the N1bn was withdrawn from one of the state government’s accounts with multiple N10m cheques. According to the governor, the N1bn was withdrawn by the officials of the former administration who made 100 withdrawals on the day in question.

Abubakar, who constituted a panel to probe all contracts awarded by the previous administration, said while he had not been able to come up with the total amount allegedly looted by the previous administration, the ongoing probe would expose it.

He said, “I always feel shy of churning out figures I am not certain of. All I can say is definitely, there will be great revelations because the little I have seen, for example, I know of a situation in which in one day the sum of N1bn was taken out of one account of the government with N10m cheques.

“Several N10m cheques but I would not be able to put a figure on the total recovery because like I said, the work of the committee is ongoing.”

But the former governor has denied all these allegations.

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