Home NewsOndo State News Bailout Fund: Ondo Rejects ICPC Report, Demands Retraction

Bailout Fund: Ondo Rejects ICPC Report, Demands Retraction

by Bolaji
 
The Ondo state government has asked the Independent Corrupt Practices and Related Offences Commission (ICPC), to  correct itself over the misinformation published on the bailout received by the state government to offset part of its workers salaries.
 
The government, in a statement issued by its Commissioner for Information, Mr Kayode Akinmade described the report as misleading stating  that the state government  added N50m  to the bailout fund before it could meet the payment of outstanding salary arrears till June 2015.
 
Government said the bailout fund it collected was N9.443.06, which  was augmented with N50m which brought the total disbursement to N9.493.91.
 According to him, all relevant document and bank transfers on the disbursement of the fund were presented to ICPC officials that came to monitor the disbursement of the fund. 

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