A witness, Kehinde Odunayo Victor, has said Ekiti State’s debt was N49 billion when former Governor Kayode Fayemi left office.
Kehinde testified yesterday before the Judicial Commission of Enquiry probing the handling of the state’s finances between October 2010 and October 2014 when Fayemi was in power.
The witness’ revelation contradicted the claims of Governor Ayo Fayose that the Fayemi administration left a debt of N89 billion for his administration.
He told the Justice Silas Oyewole-led panel that of the N49 billion debt, N25 billion was a bond from the Capital Market; N24 billion was taken as loans from 10 commercial banks.
Kehinde, who works in the Funds Management Department in the Office of Accountant-General, was led in evidence by the counsel to the commission, Sunday Bamise.
The witness presented a document marked and admitted as Exhibit A13 to the panel.
He said Fayemi had repaid N42,691,410,210.37 (N42.6 billion) out of the debt before he left office on October 15, 2014.
Fayemi challenged in court the composition of the panel, describing the members as “cronies of Fayose and sympathisers of the Peoples Democratic Party (PDP), who cannot be trusted to do justice”.
No lawyer represented Fayemi at the proceedings but two lawyers – Ibrahim Olanrewaju and Adeoye Aribasoye – told the panel that they were in court as “observers”.
No comments:
Post a Comment