Anti -Graft Agency Investigates Missing N4bn From Agric Company In Kano State

By Jack Acheme, Kano 

On Jul 29, 2023

The Kano State Pubic Complain And Anti Corruption Agency says it has commenced investigation into alleged missing government funds from Kano Agricultural Supply Company KASCO, amounting to the tune of over four Billion Naira.

The Chairman of the Commission, Barrister Muhyi Gado disclosed this when he lead an Investigation tour to the warehouses where Alleged cars, Heavy duty tractors and tractors believed to have been bought by the siphoned funds were kept in Kumbotso local government area of the state.

He said preliminary investigation revealed that the fund which is a grant from the state government were transferred from Kano Agricultural Supply Company to an association registered with the corporate affairs commission, named Association of compassionate friends.

“The Association was meant to promote and take care of the living standard of  the children of the less privileged people in the society, but unfortunately it has been turned into a means of diverting public funds.

“we have arrested eight suspects and they are revealing credible information to the  commission.

“So far we’ve recover the sum of Fifteen million naira and have succeeded in blocking about eighty million Naira,” he said.

Rimin Gado stressed that some bank managers may be invited to clear some issues identified transactions.

He said that the commission would file the case to the appropriate court.

The Chairman appealed to the people of the state especially civil servants to forward valid information that would lead to the recovery of looted government properties , assuring them of their safety.

Confidence Okwuchi