Monday, November 9, 2009

N35b loan scam: ICPC summons Yuguda




Bauchi State Governor Isa Yuguda visited the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Justice Emmanuel Ayoola (rtd), at the weekend.
The secret visit might not be unconnected with a petition on the alleged diversion of a N35billion loan the Financial Intelligence Unit (FIU) of the ICPC is probing.
Yuguda arrived at the ICPC headquarters, without the paraphernalia of office, at about 11.05am in a blue Honda car last Friday.
He headed straight for the office of the ICPC chairman.
It was gathered that a bewildered Justice Ayoola suspended his official duties for a closed-door 45-minute session with the governor.
Justice Ayoola repeatedly asked some of his close aides what informed the sudden visit, The Nation learnt.
After the exit of the governor, Justice Ayoola summoned some heads of department to find out if they were handling any case involving the Bauchi State government because he could not "fathom what informed the secret visit".
A source said the Head of the Unit told the ICPC chairman of an ongoing probe of a petition on the alleged diversion of a N35billion loan.
According to findings, the petitioner had alleged that the loan, which was meant for infrastructure, had been diverted "under the guise of security vote".