SOKOTO STATE GOVERNMENT ALLEGES N16B DIVERSION BY TAMBUWAL’S PAST ADMINISTRATION 20-09-24
By Sadiq Aminu The Sokoto State Judicial Commission of Inquiry is currently investigating an alleged diversion of sixteen point one billion naira resulting from sale of the state shares by Sokoto State Investment Limited during the administration of former Governor Aminu Waziri Tambuwal.
Speaking to newsmen shortly after the court hearing, the Commission’s counsel, Amanzi F. Amanziz, stated that the inquiry was part of the ongoing cross examination to examine the circumstances surrounding the sale of the shares.
He noted that in 2018, the Accountant General transferred all government shares to Sokoto State Investment Limited. However, between 2022 and 2023, these shares were sold without proper accounting.
Amanzi emphasized that the commission aims to uncover the sales details and the whereabouts of the proceeds, which are alleged to totalling sixteen point one billion naira.
He further claimed that four billion naira of this amount was improperly distributed to private and corporate accounts without justification.
Barr. Amanzi Amanziz said the commission has received complaints from individuals who had purchased land in Sokoto New City, which was later revoked by the current administration.
One complainant urged the commission to investigate their grievances, expressing hope for a just resolution.