Commission of inquiry probes Kayode Fayemi for alleged fraud

Commission of inquiry probes Kayode Fayemi for alleged fraud

- The chairman of a panel set up to probe the governorship tenure of Kayode Fayemi, says the commission is tasked with ascertaining the actual amount that accrued to the state, during the period under review

- Justice Bamidele Oyewole states that the commission also has the mandate to investigate the allegations of fraud, diversion, and conversion of funds related to the Universal Basic Education Commission (UBEC)

- The chairman assures stakeholders that the panel would be impartial and transparent in its dealings

The minister of solid minerals development, Kayode Fayemi, is set to be probed by a judicial commission of inquiry set up by the Ekiti state government to look into all financial transactions that occurred when the minister serves as governor of the state.

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On its opening, the chairman of the panel, Justice Bamidele Oyewole (rtd), stated on Thursday, June 22, that the mandate of the commission includes ascertaining the actual amount that accrued to the state as statutory allocations from the federation account as well as relevant financial transactions during the period under review.

Justice Oyewole added that the commission also has the mandate to investigate the allegations of fraud, diversion, and conversion of funds related to the Universal Basic Education Commission (UBEC).

He said the panel will ascertain the exact amount received on behalf of the state under the scheme and how it was expended.

According to the panel’s chairman, the commission would verify the amount obtained as loan by Government within the period and how the funds were utilized.

Justice Oyewole however assured all stakeholders that the panel would be impartial and transparent in its dealings.

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Meanwhile, a source close to Kayode Fayemi has described the effort as illegal and exercise in futility.

NAIJ.com recalls that Fayemi had asked a high Court sitting in Ado-Ekiti to give a restraining order against the Ekiti state government and Governor Ayodele Fayose from going ahead with the probe on his administration.

Challenging the jurisdiction of the state's judicial commission of inquiry, Fayemi asked the court to prevent the respondents from taking any further steps on the probe pending the outcome of the court's ruling.

In a suit joined by the counsel to the minister chief Rafiu Balogun and the Ekiti state House of Assembly, the former governor sought a declaration by the court that the motion and resolution of the Ekiti state to probe his administration is illegal and unlawful.

Fayemi also said the probe out to be declared null and void because the resolution was passed during the pendency of a case involving him and the state's House of Assembly.

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Source: Naij.com

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