Paris Club loan refunds allegation: Gov. Yari threatens showdown with EFCC

Zamfara Governor, Abdulaziz Yari [Photo: The Guardian Nigeria]
Zamfara Governor, Abdulaziz Yari [Photo: The Guardian Nigeria]

Gov. Abdulaziz Yari of Zamfara has threatened showdown with the Economic and Financial Crimes Commission (EFCC) for accusing him of diverting part of Paris Club loan refunds.

The governor, who is also the chairman of the Nigeria Governors’ Forum, made the threat while speaking with journalists on Thursday in Abuja.

Mr. Yari is accused of pocketing N500 million and $500,000 from the Paris Club refunds made available by the Federal Government, in favour of the 36 states of the federation.

He said he would formally write the Federal Government to complain about the “antics” of the commission’s Chairman, Ibrahim Magu, against other governors.

“I am going to ‎write to the Federal Government that enough is enough; that either the EFCC does its work or we do a showdown with it,’’ he said.

He said while governors on the forum`s platform were in support of Federal Government’s stance against corruption, they were, however, opposed to the commission`s style of fighting the menace.

The governor urged EFCC to concentrate on the fight against corruption rather than the pursuit of personal vendetta.

He stressed that no governor would walk into any bank’s strong room in connivance with its officials, or deep his hands into public coffers as was being alleged by the commission in some cases.

The NGF Chairman said it was unfortunate that the EFCC,in most instances, acted on petitions sent to it without conducting proper investigation.

“You can’t just because somebody wrote a petition, then, you say you are working on it without doing your own due diligent investigation,” Mr Yari said.

Speaking on project implementation in states, the governor said; “I believe EFCC‎ does not have its own engineers to quantify to know what is exactly on ground“.

He said project cost diferred from state to state because of their different geographical terrain.

“A project that is done in Rivers for N2 million, in Zamfara, it will be about N150, 000.

“You cannot say the price of things in Rivers should be the same in Zamfara or somewhere else.

‘’The terrain is entirely different so is the cost and risk which should be taken into consideration, “ he said.

The governor further said if the commission suspected that any state project was over-inflated, it should engage the services of a quantity surveyor to ascertain the truth position of thing.

According to Mr. Yari, there is a procedure for every project to be executed by any governor before a contract is awarded.

“Like in Zamfara, we have finance and general purpose committee which is in charge of tender and some states have tender board where the work is initiated from.

“There is documentation, memo raised, approved by the council and finally assented to by the ‎governor. “

He said governors were ready to support the commission, adding, however, that properly thing must be done in the course of fighting corruption in the country.

He advised the commission to ensure proper investigation for effective fight against corruption in the country to have meaning. (NAN)


DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD:DIABETES Is CURABLE! Don't Let It Threaten You! To NORMALIZE Your Blood Sugar In 21Days For Life, Click Here!!!.


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.


  • Ashibogu

    You are lucky that EFCC is not trying former and serving Northern Governors under Sharia Law. Did you or did you not use Paris Fund refund money to service your mortgage loan? Yes/No. Chikena!

    • marcos avelino

      Useless bigot small hateful mind

      • vay

        Seems you took his words out of context, fam.

  • Abdussalami Yaro

    Take it easy Mr. Yari. I suggest, why can’t you sue Magu, before he hands you over to “Yari” (Chief Prison Warder) at Kiri Kiri.

  • princegab

    Yari is a thief, it’s all over his body language that he ate paris club money .

  • ijelejames

    Armed robber Yari has no shame or conscience

  • Curtx Maccido

    Can you imagine, these governors simply believe they are different from all of us….bunch of rogues, why will he authorize the huge sum of money to businesses he has interests – $500,000 and N500 million – these governors should be publicly executed!

    • Sword of Damocles

      Ameen!!!

  • Dr

    Haba Yari! If I were U, I would just publish statement of account of how the controversial funds were disbursed or sue Magu and EFCC. But instead U are writing to the FG. is the Acting President ur father? Dan Iska.

  • Dr

    The other time U blamed God for ur failures, now nemesis is catching up with U

  • Suleiman Alatise

    Shameless rogue, sue EFCC to court if you are truthful, yeye man.