Explain what you did with N30billion, Ekiti group tells Fayemi

The Ekiti Citizenship and Governance Centre (ECGC) has called on
former Governor of Ekiti State, Kayode Fayemi, to stop
grandstanding and address the very serious question of mismanaging
the 25 billion naira bond and the 5 billon naira loan he took while
at the helms of affairs in the state.

Fayemi and the incumbent government of Ayodele Fayose of the
Peoples Democratic Party, PDP, have locked horns over allegation of
mismanagement of the 25 billion naira bond which is claimed to have
plunged the state into heavy financial mess.

In a statement released in Ado by its Publicity Secretary,
Abayomi Ogundele, the group said Fayemi cannot continue to wish
away those allegations without making substantive responses.

“We read the recent interview granted by Fayemi in The Nation
and his response to the question of mismanaging 25 billion naira
bond and the 5 billion naira loan he took at the very wee hours of
his government leaves much room for suspicions.

“This is so much so that for over a year Fayemi’s response to
those serious issues has been dismissive and bereft of concrete
information. As critical stakeholders in the Ekiti project, we must
say that Fayemi cannot continue to take Ekiti people for
granted.

“We demand information, we need clarity. If Fayemi has nothing
to hide, he should come out and explain what he did with the funds
he collected to mortgage Ekiti future. There is nothing to cheer
for someone who inflicted 30 billion naira debt under a booming
economy without nothing substantial to show for it,” Ogundele
said.

The group lamented that most of the projects for which the bond
and loan were collected were either non-existent or abandoned.

The Ekiti Citizenship and Governance Centre (ECGC) has called on
former Governor of Ekiti State, Kayode Fayemi, to stop
grandstanding and address the very serious question of mismanaging
the 25 billion naira bond and the 5 billon naira loan he took while
at the helms of affairs in the state.

Fayemi and the incumbent government of Ayodele Fayose of the
Peoples Democratic Party, PDP, have locked horns over allegation of
mismanagement of the 25 billion naira bond which is claimed to have
plunged the state into heavy financial mess.

In a statement released in Ado by its Publicity Secretary,
Abayomi Ogundele, the group said Fayemi cannot continue to wish
away those allegations without making substantive responses.

“We read the recent interview granted by Fayemi in The Nation
and his response to the question of mismanaging 25 billion naira
bond and the 5 billion naira loan he took at the very wee hours of
his government leaves much room for suspicions.

“This is so much so that for over a year Fayemi’s response to
those serious issues has been dismissive and bereft of concrete
information. As critical stakeholders in the Ekiti project, we must
say that Fayemi cannot continue to take Ekiti people for
granted.

“We demand information, we need clarity. If Fayemi has nothing
to hide, he should come out and explain what he did with the funds
he collected to mortgage Ekiti future. There is nothing to cheer
for someone who inflicted 30 billion naira debt under a booming
economy without nothing substantial to show for it,” Ogundele
said.

The group lamented that most of the projects for which the bond
and loan were collected were either non-existent or abandoned.