EXPOSED: ‘How Gov. Ishaku Used His Younger Sister To Launder N39bn From Taraba Treasury’, Full Details
The Taraba Integrity and Accountability Group Jalingo, TIAGJ, has alleged that massive corruption and looting of Taraba State treasury is presently going on under Governor Darius Ishaku administration.
The group claimed that within five years, the administration of Governor Ishaku has allegedly looted N39 billion.
According to the group, from 2015 to 2020, the Office of the Secretary to the State Government is one channel which billions of naira have been siphoned.
Taraba Treasury
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According to TIAGJ, Governor Ishaku’s younger sister, Gladys Kande-Mamman, a member of the Taraba State Primary Board, used pseudo companies linked to her BVN22228442299 to launder billions for the governor through hoax contracts.
The group added that no local government in the state had been able to undertake a single project worth 5 million from 2015 to 2020, because the funds for all the councils are centrally siphoned each month.
Taraba Treasury
In a petition forwarded to the Economic and Financial Crimes Commission, EFCC, Chairman Abdulrasheed Bawa, TIAGJ said between August and September 2015, the state government accessed a credit facility to the tune of 2 billion to finance the state on lending to small and medium scale commercial farmers through the Taraba State Agricultural and Development and Investment Limited, TADIL.
Taraba Treasury
The group, however, said: “This fund to the best of our knowledge was diverted into private pockets of the Governor and his cronies, as no such financing of agricultural activities took place.”
According to the petition signed by one Ezekiel Lazarus Mbamo, which was obtained by PRNigeria, the state received a CBN bailout loan of N37,655,975,922.60, comprising N23,135,682,937 for the state government, and N14,520,292,985 for the 16 local government areas in the state.
Taraba Treasury
“We hereby say without fear of contradiction, the bailout fund was largely stolen as against the motive for which it was given by the Federal government.
“We remind the commission that the bailout fund was given to among others, and as priority address salaries and pension/gratuity challenges which have been bothering states and local governments.
“The Governor in this case did not utilize the bailout for both the state and the local governments for the purpose they were meant for,” TIAGJ maintained.
Taraba Treasury
Part of the petition reads: “Around October 2015, the Taraba state government obtained the total sum of N9,400,000,000 for offsetting of overdraft on salaries to Zenith Bank; Bureau of Local Government for salaries; Purchase of Associated vehicles for the Governor, Deputy Governor, SSG’s convoy and the State House of Assembly members; and also for PW Nigeria Limited, Gembu Road Construction.
“In November 2015, Taraba State government obtained yet another loan of 10 billion for the purpose of agricultural and infrastructural projects in the state.
“This money was wildly siphoned from the coffers of the state, as there were not such infrastructural projects to justify the huge borrowing. Similarly, there was no agricultural activity for which the loan was deployed.
“Between January and February 2017, the state government under Governor Ishaku received refund of Excess Debt service by Paris club to the tune of N4,202,983,799.33.
Taraba Treasury
