Edo State Governor-elect, Monday Okpebholo, has raised serious concerns over alleged financial mismanagement and looting within the current administration led by outgoing Governor Godwin Obaseki.
In a statement issued on Wednesday, October 17, 2024, Okpebholo urged banks to stop granting loans to the state government during the transition period, citing concerns over financial practices and the potential misuse of funds.
The statement, released by Okpebholo’s Special Assistant on Media, Godswill Inegbealso, called on the Economic and Financial Crimes Commission (EFCC) and the Department of State Services (DSS) to investigate reports of the looting of government funds and properties.
According to Okpebholo, there have been widespread reports that officials from the Obaseki administration have engaged in activities that undermine the state’s resources as the handover date approaches.
Okpebholo emphasized that with only a month left before the November 12 handover, the alleged acts of vandalism and financial misconduct were alarming.
“It is sad that barely one month to the handover, the outgoing administration of Governor Godwin Obaseki is still allegedly obtaining loans from banks and other financial institutions under very shady headings.
“We are also aware of the massive looting and vandalism of properties, including vehicles, furniture, gadgets, household utensils, and even carpets from offices and residences of the Edo State Government.
“This unacceptable behaviour undermines the trust and faith of our citizens in those entrusted to serve them over the past seven years.
“In light of the foregoing, we call on the relevant authorities, including the EFCC, police, and DSS, to investigate the allegations thoroughly and ensure that those found guilty are held accountable while protecting Government House and offices from vandals.”
It added: “Banks and other financial institutions are, by this notice, cautioned to desist from any dealings that would undermine the finances of the state, especially the granting of loans to the Edo State Government during this transition period.
“The Accountant General of Edo State is hereby advised to uphold the principle of integrity in his duty, as it is the only action that will put his name in gold.
“We want to state unequivocally that there will be dire consequences for any act of impunity and theft committed by any person or institution found wanting in this regard.
“We will continue to monitor the situation until the last day of the outgoing administration. Senator Monday Okpebholo will not condone any form of unethical behaviour, as he stresses a zero-tolerance policy for corruption.”
