Wednesday, September 18, 2024 -The Sokoto State Commission of Inquiry has launched an investigation into the alleged sale of state shares worth N16.1 billion during the administration of the immediate past governor, Aminu Tambuwal.
The shares were allegedly sold by
Sokoto State Investment Limited, raising concerns about the handling of the
funds.
Speaking to journalists on Tuesday,
September 17, after the panel’s session, lawyer Amanzi Amanzi revealed that the
commission was called upon to investigate unaccounted funds from the sale of
government shares between 2018 and 2023. Amanzi alleged that N16.1 billion from
the sales remains unaccounted for, with N4 billion of the amount reportedly
transferred to private and corporate accounts without clear justification.
Amanzi also disclosed that the commission has received multiple memoranda from
individuals and corporate bodies addressing various issues, including land
disputes and encroachments, which will also be investigated.
He said;
“In 2018, the accountant-general of
the state transferred all government shares to Sokoto State Investment Limited
through an official letter.
“Between 2018 and 2023, these shares were
sold, but the proceeds are unaccounted for. This commission has been called
upon to investigate the sales and trace the whereabouts of the funds.”
0 Comments