By TINA AKANNAM
Dutse -Jigawa State House of Assembly has indicted former governor of the state, Senator Ibrahim Saminu Turaki, for alleged mismanagement of public funds worth over N40, 985,709,686.90 as at December 2006.
This was contained in the interim report of Public Account Committee of the state House of Assembly for three years 2006, 2007 and 2008, presented to the House, Thursday, by the chairman of the committee, Mr. Ibrahim Suleiman Gwiwa.
Addressing the House, Mr. Gwiwa said that the committee made the discovery from the audited accounts of the Jigawa State government which was presented by the state Auditor -General to the House.
He explained that from audited account, the committee discovered that there were some loans granted to the state government-owned corporations across the state worth N1,891,794,780.47 as at December 2006 that were never refunded to the state government.
Similarly, illegal loans guaranteed and granted by the former state government to four private companies, Wildcat Co. Ltd, Arkel co.Ltd, INC Natural Resources and Gathel Nig. Ltd which were allegedly owned by the former governor, Senator Turaki worth N15,361,207,420.18.
Other findings were; unreliable position of foreign loan granted to the state which revealed disputed figures of N1,733,707, 486.25, bank loans guaranteed and granted by the former governor for Ethanol projects amounting to N22,000,000,000 which were abandoned.
The committee also observed that the mismanagement of funds were unconnected to the disrespect to the functions of the office of the then Auditor General of the state whose duties were to ensure that all monies appropriated were judiciously utilised according to the provision of the state audit law.