Bailout: Kogi Just Lost N20b to EFCC Due to Yahaya Bello’s Greed, Wickedness – Austin Okai

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Kogi-born activist, Austin Okai has berated Governor Yahaya Bello for mismanaging the states resources.

Reacting to the Friday’s withdrawal of a suit filed against Kogi state government by the Economic and Financial Crimes Commission (EFCC) on a N20 billion bailout loan, Okai said the decision to return the N19.33 billion in the alleged bailout account to the Central Bank of Nigeria (CBN) will affect the state economy negatively.

Speaking in Abuja on Friday, Okai said Kogi State “just lost N20b to EFCC because of Yahaya Bello’s greed and wickedness”.

“Governor Yahaya Adoza Bello is an administrative fraudster. The poor workers in the state who are victims of percentage salaries in recent years are the real victims of this obnoxious act.

“Yahaya Bello’s dirty and shady deal orchestrated and coordinated to defraud and milk Kogi state is what led to this harsh decision from the Economic and Financial Crimes Commission (EFCC). It is unfortunate that this is happening at a time when civil servants and pensioners are committing suicide due to hunger and starvation.

“I always know that this government have nothing good to offer the good people of Kogi State. I have been called different names whenever I raised alarm of Bello’s counterfactual navigations. But today, I have been vindicated.

“In as much as the unfolding scenario has exposed the high level of corruption in Kogi state financial dealings, it will have negative impact on our workers and economy,” he said.

Okai queried the alleged decision of the state governor to fix bailout funds meant to offset salaries of workers in the state in an interest yielding account.


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