Home Politics Kaduna Assb to probe El-Rufai Over Alleged N423bn Fraud

Kaduna Assb to probe El-Rufai Over Alleged N423bn Fraud

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BREAKING: Kaduna Assembly to Investigate El-Rufai Over Alleged N423bn Fraud.

The Kaduna State House of Assembly has initiated a call for security and anti-corruption agencies to investigate and prosecute the immediate past governor, Nasir El-Rufai, along with several former cabinet members, over allegations of a N423 billion fraud. This decision follows the findings of an ad-hoc committee led by Henry Zacharia, which revealed significant misappropriation and mismanagement of state funds during El-Rufai’s administration from 2015 to 2023.

Key Findings from the Committee’s Report:

  1. Misuse of Loans: The report highlighted that many loans obtained under El-Rufai’s administration were not used for their intended purposes. Additionally, due process was often not followed in securing these loans.
  2. Abuse of Office: The former governor and his cabinet members were accused of abuse of office, including awarding contracts without following due process.
  3. Diversion of Funds: There were allegations of diverting public funds and money laundering.
  4. Excessive Borrowing: The committee criticized the high level of borrowing during El-Rufai’s tenure, which has significantly increased the state’s debt burden.

Recommendations:

  1. Investigation and Prosecution: The committee recommended that security and anti-corruption agencies investigate and prosecute Nasir El-Rufai and other implicated officials.
  2. Suspensions: The report called for the immediate suspension of the Kaduna State Commissioner of Finance, Shizer Badda, and the chairman of the State Universal Basic Education Board.
  3. Further Investigations: The committee urged thorough investigations into key appointees from the previous administration.

Legislative Actions:

  • Committee Formation: In April, a 13-member committee was inaugurated by the Kaduna State House of Assembly to scrutinize loans, grants, and project implementations during El-Rufai’s tenure.
  • Speaker’s Response: Yusuf Liman, the Speaker of the Kaduna House of Assembly, confirmed that a total of N423 billion was allegedly misappropriated, leaving the state with substantial financial liabilities.

This investigation marks a significant step in addressing allegations of financial misconduct and holding former state officials accountable for their actions. The outcomes of the recommended investigations and prosecutions will be pivotal in determining the extent of financial mismanagement and ensuring justice for the alleged financial irregularities

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