N1.5billion: Aregbesola Meets 3 Bank Mangers to bankroll bye-election–Civil Society
A Civil Society Organization (CSO), the Civil Societies Coalition for
the Emancipation of Osun State (CSCEOS) has disclosed that the State
governor, Mr. Rauf Aregbesola on Saturday night meet with the three
(3) new generation bank Managers at the Government House, Oke-Fia,
Osogbo with the aim of releasing the sum of N1.5billion to the State
government as a soft term loan to be repaid from London-Paris Club
refunds.
The investigation raveled to the civil group that the meeting was a
result of the recent public outcry by the group (CSCEOS) and retirees
under the aegis of Nigeria Union of Pensioners (NUP), alleging plan by
the State government to divert the part of the N12.7billion second
tranches of Paris Club refunds for the forthcoming Osun West
bye-election and this was to avoid the ongoing noise surrounding the
Paris Club refunds .
Reliable source from government house,Oosgbo has it that they
concluded at the meeting with the banks to release N500million each
where Sterling Bank agreed to release its own N500million on Monday
and they also agreed that the loan would be paid back from Paris Club
refunds immediately after the bye-election.
In a statement issued by the CSCEOS’ Directorate of Media and Strategy
and signed by its Chairman, Comrade Adeniyi, Alimi Sulaiman and copies
were made available to Journalists on Sunday, maintained that the
N1.5billion funds in question were meant to be used from Thursday 6th
of July, 2017 till Saturday 8th of July, 2017 bye-election day, warned
the Chief Executive Officers (CEOs) of the affected banks against
collaborating with the State government to divert the Paris Club on
frivolity, saying that this was against public probity, accountability
and economic justice of the masses.
It urged the anti-graft agency, Economic and Financial Crimes
Commission(EFCC) and other security agents to beam searchlight to
these banks and other likely banks that might have been contacted by
Mr. Aregbesola for this shady deal ahead of July 8th, 2017
bye-election, calling on the well meaning people, especially, elders
of the State to call Mr. Aregbesola to order by spending the Second
tranches of the London-Paris Club Refunds on the payment of backlog of
salary and pension arrears with gratuities, instead of spending the
part of the funds on the forthcoming bye-election.
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