Misappropriation of funds is no longer news in Nigeria. Do you recall the N36m allegedly swallowed by a snake some years back? Also, recall that the Federal Government recovered some Abacha loot lately and some organizations donated to the government to fight the COVID-19 pandemic.
Not too long ago, the speaker of Lagos State House of Assembly came into the scene when he was accused of siphoning money through the use of multiple accounts linked to one Bank Verification Number (BVN)
According to Punch Newspaper,
The Speaker of the Lagos State House of Assembly, Mr. Mudashiru Obasa, on Saturday appeared before the House panel of inquiry on the corruption allegations leveled against him by an online medium.
Obasa told the panel that the allegations were untrue and that they were the handiwork of his enemies.
The Speaker appeared before the nine-man fact-finding panel of the House headed by Mr. Victor Akande (Ojo Constituency I) at the House chamber.
The Speaker explained that the vehicles bought for the members of the House and other expenses made by the House were done with the approval of the House and that of the Fund Management Committee of the House headed by him.
“We bought (Toyota) Land Cruisers for principal officers of the House. The cars we bought for them were more expensive than those of other members and we followed due process in the purchase.
“Also, it is not true that my wife collects N10m monthly from the House. Anyone who says she does should come with proof and evidence.
“My approval limit as the Speaker is N100m and anything above that would have to be approved by the Fund Management Committee,” he said.
Obasa, while explaining the expenditure of N80m as estacode for the training of women in Dubai, said that wives of the 20 lawmakers attended the event and that he was there to declare the event open.
“We gave N4m to each of the participants for air tickets, hotels, feedings, and local travel.
“Air ticket to Dubai alone cost about N2m. Some of these allegations were raised for a crusade to get the Speaker out of office.
“The House of Assembly is above common standard of excellence and we have to train people, and this comes at a cost. Learning is not cheap and I have never collected N80m for estacode at a go before,” he said.