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Bauchi Governor accuses Yuguda of withdrawing N1bn in one day

28 July 2016, 10:15

Abuja - Bauchi State Governor Alhaji Muhammad Abubakar has accused his predecessor, Isah Yuguda, of allegedly withdrawing N1 billion from the state's bank account in one day.

According to a Punch report, Abubakar alleged that the funds were taken out of one of the state government's accounts in N10 million increments by officials.

Approximately 100 withdrawals were made within the day ion question.

“I always feel shy of churning out figures I am not certain of. All I can say is definitely, there will be great revelations because the little I have seen, for example, I know of a situation in which in one day the sum of N1bn was taken out of one account of the government with N10m cheques.

Also read: Obasanjo advises Buhari to spend money to dislodge Saraki

“Several N10m cheques but I would not be able to put a figure on the total recovery because like I said, the work of the committee is ongoing,” Abubakar stated.

Yuguda has since kicked against the claims, with one of his aides stating unofficially that the current administration is using the allegations as a method to divert attention off their own wrongdoings.

Abubakar has confirmed a probe into the immediate past administration, stating that approximately N2 billion has gone unaccounted for and must be investigated further.

Read more at Punch

- News24


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