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Abayomi Iyunade
A House of Representatives investigative panel has uncovered 58 bank accounts and 12 allegedly fake agencies linked to a disputed Director-General during an ongoing investigation into alleged financial irregularities and the activities of the agencies involved.
The discovery was made during a probe by the Public and Financial Interests/Public Complaints (PFIPC) panel of the House of Representatives. The investigation is examining allegations surrounding the establishment and operation of agencies reportedly connected to the disputed Director-General.
According to the panel, the discovery of multiple bank accounts and allegedly fictitious agencies has raised concerns about the management of public funds and the activities carried out under the names of the organisations.
The investigation is expected to establish the ownership and purpose of the 58 bank accounts, as well as determine how they were used and whether public funds were paid into or withdrawn from them.
The panel is also examining the 12 agencies identified during the proceedings. Investigators are expected to determine whether the agencies were legally established, whether they carried out legitimate government functions and whether they had access to public funds or government resources.
The development has increased scrutiny of the disputed Director-General and the institutions associated with the controversy. The House panel is expected to invite relevant officials and examine financial records and other documents that could help establish the facts surrounding the allegations.
The investigation forms part of the National Assembly’s oversight responsibilities, particularly where allegations of financial misconduct, abuse of public office or irregular use of government resources are raised.
The discovery of the accounts and agencies could lead to further investigations by relevant authorities if evidence of financial wrongdoing is established. However, the allegations remain subject to investigation, and the individuals or organisations involved are entitled to respond to the claims made before the panel.
The House of Representatives is expected to continue its proceedings as it examines the evidence presented and seeks clarification from the parties involved.
The outcome of the probe could determine whether further administrative, legal or financial action is required regarding the disputed Director-General and the agencies identified during the investigation.
