Bailout Fund: Gov. Aregbesola set to face probe

President Muhammadu Buhari, may have asked the Senate to probe Governor Rauf Aregbesola of Osun state and other governors over how they spent the bailout given to them by the federal government to pay workers’ salaries.

The Senate committee on state and local government administration has been sent on a fact finding mission to Osun state by the Senate president Bukola Saraki, The Punch reports.

The committee is to investigate how the administration of Aregebesola used the N34.988,900 given to it by the Central Bank of Nigeria to pay workers’ salaries.

In a letter dated November 3rd and forwarded to Aregbesola, the chairman of the Senate committee informed him that they would be visiting the state on December 7 for the investigation.

The letter stated that the probe was part of the oversight functions of the Senate. Recall that 23 states had received bailout fund from the President Muhammadu Buhari-led government to pay the salaries of their workers out of 27 that applied from the Central Bank of Nigeria.

An analysis carried out by the Independent Corrupt Practises and related offenses Commission (ICPC) revealed that most of the states diverted the money for other means.