The Independent Corrupt Practice and Other Related Crimes has labeled the allegations of the Civil Societies Coalition and Emancipation of Osun State against Governor Aregbesola baseless.
The agency in a letter with reference number ICPC/INV/NGB/T.E2/003 sent to the group, Chairman, Civil Society Coalition and Emancipation of Osun State, which was also forwarded to the State’s secretary to the governor, revealed that it’s findings to did not pinpoint any act that is against the Corrupt Practices and Other Related Offenses Act, 2000 as none of the accusations could be proved.
ICPC disclosed that having thoroughly investigated the accusations and foud nothing undicting the governor,the accusations has been dumped out.
The Government, via the Bureau of Communication and Strategy in the office of the governor, reminded Nigerians that the commission’s verdict is another escape for the government from one of the group of individuals hired to smear the image of the government.
The ICPC said, “The above case bordering on fraudulent diversion of N11.4 billion obtained through Osun SUKUK bond to private foreign account, money meant for building of schools regardless of the N13.9 billion intervention funds from. The Federal Government through UBEC for the purpose of building classrooms has been investigated conclusively with no infraction substantiated.
“An investigation of the above allegations confirmed that Osun State government raised N11.344 billion from the issue of the SUKUK bond through Nigerian commercial banks. Investigation also revealed that after the issue of the bond, Osun State Government sought and got approvals from the Securities and Exchange Commission and Shariah Board of Lotus Capital Ltd. To amend the schedule of schools to be constructed from 27 mixed schools to 11 high schools and to furnish the schools. The approval of SUKUK holders is still pending.
“Also contrary to the allegation that the SUKUK proceed was diverted to private foreign account, it was disbursed from Osun SUKUK company accounts with 13 Collecting Nigerian Commercial banks and used for payments of contractors awarded the contracts of construction and furnishing of 11 senior Secondary Schools in various part of Osun State.
“Furthermore, contrary to the allegation that N13.9 billion was disbursed by UBEC to Osun State, the total of N7,192,585,041.64 has been disbursed to Osun SUBEB for the period 2011-2015. This amount consists of Universal Basic Education matching grants, Special Education Funds, Teachers Professional Development Fund and state’s counterpart funds lodgement in line with UBE Act 2004.
“In view of the above paragraphs, investigations have not established an act contrary to the Corrupt Practices and Other Related Offences Act, 2000 as none of the allegations were substantiated. Therefore the matter is hereby laid to rest”. The Commission said.
The Director, Bureau of Communication and Strategy, Office of the Governor, Mr. Semiu Okanlawon, stating the Government’s stand over the result of the ICPC’s investigations, said the Aregbesola government was never in doubt that the group was an unauthorized one being used by antagonist of the administration to diminish its many achievements.
“When the so-called group was everywhere making its highly irresponsible and frivolous allegations, we never minced words on the fact that it was an unregistered group of few disgruntled, hired individuals to tarnish the image of the government and seek to diminish the massive good governance initiatives that are the hallmarks of our interventions here.
“The ICPC’s dismissal of the frivolous allegations is a vindication of our earlier position on the group and other collaborators in their ignoble campaigns of calumny.
“The Aregbesola administration has instituted the most transparent, people friendly government in its six years and more and we do not intend to depart from this path. This is because we are convinced in this lies the brighter future of our dear state,” Okanlawon said.