The Kaduna State Governor, Mallam Nasir el-Rufai said on Saturday that with the adoption of the Single Treasury Account, the state had traced and uncovered N4bn stashed in 470 different accounts in 23 commercial banks.
He noted that the Peoples Democratic Party administration had been operating these (470) accounts in different banks over the years with various names. According to the governor, but for the adoption of the Single Treasury Account system, nobody would have traced and discovered the accounts or recovered the said money.
El-Rufai, who spoke through his deputy, Barnabbas Bala, stated this at the Third Town Hall Meeting, initiated by the government to interface with the people of Southern Kaduna senatorial district.
It was held at Kafanchan, in Kaura Local Government Area of the state, on Saturday. The deputy governor, who represented his principal, said through the Single Treasury Account, the government was able to trace and discover the said amount in the banks. He also told the audience that El-Rufai was on an official engagement outside the country.
The El-Rufai administration, in early August this year, announced the adoption of the Single Treasury Account and directed all commercial banks with the state funds to remit such (money) to the Central Bank of Nigeria. For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - @Naijapals and Facebook - www.facebook.com/naijapals
I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 7-09-2015 06:24 AM (8 years ago) | Addicted Hero
moralemike07 at 7-09-2015 06:35 AM (8 years ago) (m)
I hear.
Posted: at 7-09-2015 06:35 AM (8 years ago) | Gistmaniac