Explain what you did with N30billion, Ekiti group tells Fayemi

image67-300x174 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.

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