Yahaya Bello s 2023 Presidential Project and Emerging Financial Scandals – The News Chronicle thenews-chronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews-chronicle.com Daily Mail and Mail on Sunday newspapers.
New revelations show how Kogi State Governor, Yahaya Bello, allegedly launders hundreds of millions of Naira of state cash through proxies and state officials, award contracts without due process, award contracts to non-legal persons, and wanton circumvention of procurement procedures.
Other documented financial sharp practices by Bello also include, borrowing from non-capital markets, fraudulent loans, award of contracts to vested interests, payments without transaction descriptions and award of contracts to non existing companies.
According to a Kogi based transparency group, Anti-Corruption Network, Bello allegedly ordered the transfer of a total of N735,596,904 (Seven Hundred and Thirty Five Million, Five Hundred and Ninety Six Thousand, Nine Hundred and Four Naira) to SANUSI BELLO IBRAHIM without description with the highest sum as N134,101,935 (One Hundred and Thirty-Four Million, One Hundred and One Thousand, Nine Hundred and Thirty- Five Naira) on the 18th December, 20