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Misapplication of Bail-Out Fund: Enugu govt blasts ICPC

Agency report misleading — NLC

By Francis Igata

Enugu State government, yesterday, lampooned the Independent Corrupt Practices and other Related Offenses, ICPC, over its report alleging the state misapplied the Federal Government bail-out fund, set aside to liquidate arrears of salaries and  pensions owed public servants in the state.

This came on a day the Nigeria Labour Congress, NLC, Enugu State Chapter described the report as misleading and malicious. The NLC stated that the state government received N4.27 billion contrary to the ICPC stance.

A refutal made available to Sunday Vanguard by the Secretary to the State Government,Gabriel Ajah,  read in part: “Enugu State government received the sum of four billion, two hundred and seven million Naira only (N4,207,000,000.00) from the Federal Government as bailout fund for the settlement of outstanding salaries, subventions and pensions for public servants in the state.

“When the bailout fund was received, a dedicated bank account was opened for the fund and a committee, comprising leaders of the Organized Labour in the state, representatives of the state government and pensioners, was set up by the Governor, His Excellency, Rt. Hon. Ifeanyi Ugwuanyi, to oversee the disbursement of the fund.

“So far, the sum of three billion, two hundred and eighty four million, seven hundred and twenty nine thousand, two hundred fifty three Naira, thirty eight Kobo (N3,284,729,253.38) has been verified by the committee and disbursement is on-going. At the moment, the balance is nine hundred and twenty two million, two hundred and seventy thousand, seven hundred and forty six Naira, sixty two Kobo (N922,270,746.62) while the verification exercise for further payment continues.

“On the issue of Excess Crude Account (ECA) Infrastructure Development Loan, facilitated by the Federal Government, the state government has disbursed the sum of five billion, three hundred and eighty seven million, five hundred and sixty nine thousand, nine hundred and thirty Naira (5,387,569,930.00), leaving a balance of four billion, six hundred and twelve million, four hundred and thirty thousand and seventy Naira (4,612,430,070.00).

“From the foregoing, therefore, Enugu State government wishes to state categorically that it did not misapply the bailout fund of N4.207 billion received from the Federal Government and that the figures quoted in the said media report are false and misleading in all material particular”.


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