Even the penetrating klieglight of the Economic and Financial Crimes Commission, EFCC in Nigeria has failed to spot the disappeared ₦26 billion belonging to Cocoa and petroleum rich south west state of Ondo. A disturbing allegation has now surfaced that
soft spoken Governor Olusegun Mimiko connived with embattled ex-boss of Intercontinental Bank PLC to empty the State’s account of about ₦26 billion.
Whistle blowers told our sources that EFCC officials who have visited the state at least six times in the last three months often returned to Abuja with a verdict of “nothing incriminating found” after being allegedly, handsomely settled by the officials acting at the behest of Governor Mimiko. “In spite of their compromised reports we know the state lost ₦26 billion as a result of a deal between Mimiko and Erastus Akingbola”..
Sources said that the Ondo missing billions was part of the reason, Mimiko, who had to issue an edict to be addressed as Mr. Governor, made sure Erastus Akingbola was co-opted into the embezzling scheme early in the life of the administration by being appointed as the Pro-Chancellor of the state-owned university, Adekunle Ajasin University, Akungba-Akoko. Once Akingbola had allegedly being hurriedly pocketed, it became very smooth to empty the 26 billion naira account that state had with Intercontinental Bank.
Some of the looted funds are suspected to have surfaced in some western countries with the just concluded so-called business visit of Mimiko in the company of his Commissioner for Finance, Mr. Akinyele Ogundipe. They were said to have visited the United States and United Kingdom and Ireland. Some unidentified individuals were said to have met with the Governor alongside Akingbola during one of the meetings.
A prominent Redeemed Christian Church prosperity preacher in Washington D.C. is also being named as one of those providing divine decoy for hiding the looted funds of Ondo State.
