The reinstated deputy governor of Edo State, Comrade Philip Shaibu, on Friday raised the alarm over alleged last-minute looting of government assets by the officials of the out-going government of Governor Godwin Obaseki.
Shaibu who raised the alarm at a press conference in his house, announced the reward of N1 million for whoever could supply information concerning the alleged looting of government property as the administration winds down .
The estranged deputy governor said he had evidence backing the alleged looting in some quarters and last minute borrowing from some financial institutions.
He therefore “ordered all banks where the government has transactions not to approve any loan apart from transactions that have to do with salaries.”
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Shaibu also called on the Economic Financial Crimes Commission (EFCC), the Department of State Services (DSS) and other relevant agencies to look into the alleged misappropriation of funds meant for projects in the Ministry of Roads and Bridges, ongoing Radisson Hotel project and last minute appointment by the outgoing administration.
“I have received disturbing reports of banks and other financial institutions, granting last-minute loans to Governor Godwin Obaseki.
“This is alarming, and not in good faith, and on that backdrop, I am issuing a strong warning to banks and financial institutions: do not grant any loans or issue financial instruments to Governor Obaseki or any official of the state government in whatever capacity or office.
“Also, information at my disposal shows there are last-minute plans to siphon state’s fund using NGOs as a decoy, under the guise of supporting such organizations’ projects and activities.
“These actions undermine our state’s financial stability and potential mortgage of the future of Edo State. I dissociate myself and my office from any such dealings”, Shaibu stated.
He said there were reports of indiscriminate and clandestine appointments into the civil and public service with outrageous grade levels.
“I condemn these actions and dissociate myself and my office from any involvement. These appointments have not only undermined the civil service’s integrity but also perpetuated a culture of cronyism.”
He also alleged that fresh consultants’ appointments were being issued and backdated allegedly to justify outrageous expenditures.
Shaibu also alleged that government properties were being looted from various ministries.
“As the Deputy Governor of Edo State, I am inviting the EFCC and ICPC to look into the massive contract fraud that has taken place under the supervision of Engr. Ferguson Enabulele and the entire Government.
“Investigation is equally ongoing to unravel the alleged involvement of some Engineers in the Ministry, who accepted to assist the Permanent Secretary to keep such funds with their registered company accounts with banks and later convert such to US dollars.”
