Home NewsOndo State News N4.3bn was appropriated in 2019 budget – Ondo Finance Commissioner

N4.3bn was appropriated in 2019 budget – Ondo Finance Commissioner

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The Ondo state government on Sunday insisted that the uncovered N4.3bn hidden in a Zenith bank account for over 10 years was appropriated for in the 2019 budget, following the outcry generated by the discovery of the hidden fund in the bank.

The Ondo State Commissioner for Finance, Wale Akinterinwa stated this in a statement in Akure.

This is just as the All Progressives Congress in Ondo State has waded into matter to possible avoid a face off between the Executive and principal officers of the Legislature over the matter.

Akinterinwa said there was nothing to hide about the fund discovered in 2018 and lies peddled by mischief makers that there was no appropriation for the money in question.

He said “ The Executive is not hiding anything like we have always said. The narrative set out by mischief makers is that there was no appropriation for the money in question. This is untrue.

The 2019 appropriation passed by the Assembly included among others, this N4.3b under overall summary of the budget, item on Cash reserve/roll over fund is very apt and unambiguous for the public to confirm the truth. The story of non appropriation is utterly mischievous. “

Akinterinwa insisted that the N4.3bn was in the 2019 appropriation bill passed by the Assembly and signed into law by Governor Akeredolu.

It was also gathered that the leadership of the APC in Ondo State has waded into the matter after the lawmakers had realised that they made errors over false alarm on the matter .

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