Delta State denies diverting or withholding FG bail-out funds

The Delta State Government has denied reports that it diverted bail out funds provided by the Federal Government, as was reported in some media.

According to a press release signed by the Delta State Commissioner for Information, Mr Patrick Ukah, the report in the Nation Newspaper of Saturday “April 23, 2016 was based on a stale update, since the state has not received any request of update on the position of the utilisation of funds from the ICPC since January, 2016.

Breaking down the expenditure of the bailout funds, Ukah said in the release: “The state government received the sum of N10,936,799.36 as bailout funds for salaries on 21/9/2015.

“Following the monitoring of the utilization of funds by the Independent Corrupt Practices And Other Related Offences Commission(ICPC), the state received a letter dated 12/10/2015 with a questionnaire attached requesting for details of funds utilized.  In the response to the ICPC dated 15/10/2015, the state declared that the sum of N8,129,888,279.86 was expended with a balance of N2,806,911,019.50.

“The balance of N2, 806,911,019.50 as at 31/12/2015 has been applied as follows: N2, 000, 000, 000 to the State Pension Bureau to reduce state  liability to pensioners.

“The sum of N806,911,019.50 was used for the payment of primary  school teacher’s salaries”, the statement read.

from Blogger http://bit.ly/24rpB5f

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