The Adamawa State government’s bank account was frozen as a precautionary measure to safeguard the state treasury amidst evidence of looting uncovered in an on- going investigation, sources at the Economic and Financial Crimes Commission, EFCC, told PREMIUM TIMES on Friday.
Sources at the Commission claim that there was massive looting of the treasury by top officials of Adamawa State government, a development that led to the arrest and questioning of key officials, including the Secretary to the State Government, the State Commissioner for Finance, former Commissioner for Local Government (now Commissioner for Higher Education), the Accountant General of the State and the Permanent Secretary, Ministry for Local Government.
The Adamawa State government had on Thursday revealed that the federal government had frozen all the state’s bank accounts.
The move came amidst impeachment moves against Governor Murtala Nyako by the Peoples’ Democratic party, PDP-led members of the state’s House of Assembly.
The state’s lawmakers accused Mr. Nyako and Bala Ngillari, the Deputy Governor, of siphoning funds from the state’s treasury running into billions of Naira.
The EFCC said that its investigation was triggered by petitions alleging massive looting of the treasury by the governor and his cronies through an illegal department called Special Programme and Project Units, SPPU, which engaged in over invoicing and inflation of contract.
“In the course of investigation, a critical analysis of the Joint State/Local Government account reveals massive cash withdrawals,” a source at the commission said.
