GTB 737 banner
Disputed N2b MSME fund not paid to Jang’s account- EFCC witness

By Grand News on 31/10/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 426

Ex-Governor Jonah Jang.
Ex-Governor Jonah Jang.

A witness called by the Economic and Financial Crimes Commission (EFCC) Mr. Uchenna Igwe, told a Jos High Court on Tuesday that the disputed N2 billion Micro, Small and Medium Enterprise (MSME), was not paid into the personal account of former Plateau State Governor Jonah Jang.

The suit against the ex-governor and his accountant, Yusuf Gyang Pam, commenced yesterday as EFCC called two witnesses. The EFCC accused them of diverting the fund, which was meant to cushion the hardship of the citizenry under the Plateau State Small and Medium Development Enterprises (PLASMEDA).

Igwe, a Senior Manager with Zenith Bank, who headed the branch when the money was allegedly paid, said the Central Bank of Nigeria (CBN) meant that the money be paid into Plateau State Small and Medium Enterprise Development Agency (PLASMEDA), but it was paid into Plateau Project account.

While being cross-examined by the defence counsel, Chief Robert Clarke (SAN), Igwe said: “When I noticed it, I immediately notified the state commissioner of finance and accountant-general. The accountant-general raised an instruction to move it into PLASMEDA account, and I complied on March 20, 2015.

“Another instruction came from the same accountant-general to the effect that the money be moved back to Plateau Project account on March 24, 2015, and that was done.” He disclosed that thereafter, the money was disbursed in tranches into various accounts, including State’s Central Salary Account, Office of the Secretary to the State Government (OSSG), Government House Administrative Account, and Plateau State House of Assembly Account.

Igwe added that before the N2 billion was paid into the Plateau Project Account, the balance in the account was N839, 398,474.39, adding that with the N2 billion, the account balance was raised to N2, 839,398,474.39.Another EFCC witness, Dr. Mudashiru Olaitan, Director, Development Finance Department with the CBN, represented by the EFCC Counsel, Mr. Rotimi Jacobs (SAN) also testified.

Olaitan explained that the CBN had to write to the state government when its monitoring team observed that the N2billion was not disbursed to the end users. Justice Longji adjourned the case till Wednesday today for continuation of trial.

The Guardian

 

Source Grand News

Posted 31/10/2018 06:52:10 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Fayemi urged to restore Ekiti values

CP orders the ‘shut down of all beer...

Ladoja’s alleged N4.7bn fraud case ends after 10...

EFCC gets N500m for office maintenance

2019: FG budgets N2.3tr for debt service, N28,908,625m...

Emenalo quits as Chelsea FC technical director

FG to introduce tourism as school subject

Asaba Masacre: Indigenes recall sad experience, warn IPOB...

Brazilian Kaka Quits Football At 35

CRUTECH Alumni Lauds Ayade Over Automatic Employment

ADC: Aisha Buhari faults media report

Onikan Now Mobolaji Johnson Arena • Lagos Gov,...

 

Trending News Group Throws Weight Behind Oyo Govt’s Efforts To Clean-Up Ibadan • Govt Issues 48hrs Ultimatum To Owners Of Abandoned Trucks We Won’t Repeal Ex-govs’ Pension Law - Lagos Assembly UPU: Olorogun Moses Taiga Emerges PG Unopposed • 9 Other Excos Members, Too Makinde, Appeal Court And The ‘Axis Of Evil’ Dearth And Death Of Character Sowore: Amnesty Int’l, SERAP, Others Hold Press Briefing Today Sowore: Falana Faults DSS Story, Insists Service Apologized To Judge Over Court’s Invasion • Says DSS Argument Is As Unfortunate As Pitiable Lagos closes 24 Health Facilities Over Illegal Operations Pray For Your Country, Okowa Urges Nigerians You Have ‘Everything’ To Lose Through Hostile Acts, Trump Warns N-Korea DSS Can Arrest Sowore Without President’s Permission, Says Garba Shehu Water Supply To Ilorin Resumes Monday • As Kwara Fixes Geri Alimi Underpass

 

Most Read Asaba Masacre: Indigenes recall sad experience, warn IPOB against drums of war (339,549 views) Asaba Genocide : Soyinka, Kukah, Duke, others to speak at colloquium * Organisers roll out projects to immortalise victims. (337,611 views) Delta LG polls holds Jan. 6, 2018 (337,221 views) Bayelsa @ 21: Dickson calls for renewed hope (336,492 views) NIGERIA @ 57: Rededicate yourselves to Nigeria’s growth, Okowa tells elite (336,106 views) The Vagabonds Of Sambisa (3,338 views) BREAKING : Obiano wins Anambra governorship election (3,062 views) One On One Session With Atiku Abubakar, GCON (2,915 views) UNBELIEVABLE : Ghost Companies Lift N1.1tr Crude Oil In 10 Months (2,889 views) Glo-sponsored Onitsha Ofala Festival Begins (2,788 views) RUSSIA 2018: Nigeria in ‘trouble’ (2,678 views) The Rise And Fall Of Jacob Zuma (2,651 views)

 

SECTIONS News (1,029) Breaking News (27) Business & Economy (336) Politics & Policy (575) Niger Delta (274) Interviews (3) Sports (202) Entertainment (53) Stock & Forex Watch (0) Foreign (220) Sound Bite (6) Health (41) Editorials (1) Columnists (6) Letters (1) Opinions (29) Cartoons (0)

 

 

Rochas Okorochas Declare War On Buhari, Tinubu & Oshiomohole

 

APO Group Partner