N4.3bn Belonging To Ondo Found In Secret Account 10 Years After


Ondo State Government has uncovered N4.3bn kept in a secret account for more than 10 years.

It was gathered that the money was lodged in a third generation bank without due process over 10 years ago and a consultant was hired to retrieve the money.

Donald Ojogo, Ondo Commissioner for Information and Orientation in a press statement said the account was uncovered through vigilance and discrete financial intelligence of the Commissioner for Finance, Mr. Wale Akinterinwa.

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Ojogo said the Finance Commissioner stumbled on the account in question and promptly reported the deposited fund.

He said the money has been reflected in the records of the State for proper accountability and transparency.

The Finance Commissioner had told the lawmakers that he facilitated the discovery of the money stashed in a bank account.

He said the money has been ploughed into the revenue account of government and debunked allegations that a consultant was hired in the course of retrieving the N4.3bn.

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