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Societal Digest > Blog > #EndbadgovernanceProtest > HOW SOKOTO GOVT PROBE N16.1B DIVERSION
#EndbadgovernanceProtestMinistry UpdateSocietal Concerns

HOW SOKOTO GOVT PROBE N16.1B DIVERSION

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Last updated: September 18, 2024 7:18 am
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Published: September 18, 2024
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HOW SOKOTO GOVT PROBE N16.1B DIVERSION

Sokoto Government Probes Alleged Diversion of N16.1bn Under Tambuwal Administration

The Sokoto State Commission of Inquiry has launched an investigation into the alleged diversion of N16.1 billion from the sale of state shares by Sokoto State Investment Limited during the tenure of former Governor Aminu Tambuwal.

In a press briefing, the Commission’s counsel, Amanzi F. Amanzi, revealed that the inquiry aims to examine the details surrounding the sale of these shares, which were transferred to Sokoto State Investment Limited by the Accountant General in 2018. Between 2022 and 2023, the shares were reportedly sold without proper accounting.

Amanzi stated that the commission is focused on uncovering the whereabouts of the N16.1 billion proceeds, alleging that N4 billion was inappropriately transferred to private and corporate accounts without justification.

In addition to the probe into the share sales, the commission is addressing complaints from individuals who purchased land in Sokoto New City, which was later revoked by the current administration. Complainants have called on the commission to ensure justice in resolving their grievances.

The investigation into these alleged financial misappropriations is ongoing, with the commission committed to determining the facts and holding those responsible accountable.

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