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Ondo Govt to ICPC: You lied on bailout fund

Femi Adewale by Femi Adewale
April 26, 2016
in Breaking News, News
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The Ondo State Government has asked the Independent Corrupt Practices and Related Offences Commission (ICPC) to correct itself over the misinformation published on the bailout received by the state government to offset part of its workers’ salaries.
The government, in a statement by its Commissioner for Information, Mr Kayode Akinmade, described the report as misleading, stating that the state government added N50m to the bailout fund before it could meet the payment of outstanding salary arrears till June 2015.
Government said the bailout fund it collected was N9.443.06, which was augmented with N50 million which brought the total disbursement to N9.493.91.
According to him, all relevant documents and bank transfers on the disbursement of the fund were presented to ICPC officials that came to monitor the disbursement of the fund.
“Each claim of payment was investigated and confirmed to be true by the ICPC investigating team and at the end of its visit, the government was commended for its effective operation, clinical and accurate disbursement of the said fund,” the statement said.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.