Former governor of Osun State, Olagunsoye Oyinlola, was a bad leader, Rauf Aregbesola’s inquiry panel reports.
Nov.1 (PREMIUM TIMES) — The former governor of Osun State, Olagunsoye Oyinlola, is guilty of bad leadership, a Commission of Inquiry set up by the state government has said in a report.
The commission, chaired by Femi Odekunle, was set up by the governor of Osun State, Rauf Aregbesola in September to investigate a loan of N18.38 billion procured by Mr. Oyinlola’s administration from the United Bank of Africa Plc.
The government also mandated the panel to investigate Oyinlola’s conduct among other issues.
The commission submitted its report to Aregbesola in Osogbo on Wednesday and recommended sanctions for the former governor for heeding the advice of the defunct State House of Assembly to take the loan at a “non-emergency circumstance”.
The panel also recommended that Mr. Oyinlola be sanctioned for “irrational application of parts of such loan and for directing certain obvious reckless disbursement of the loan”.
It blamed the former governor for approving an “unthinking Memorandum of Understanding that had turned out to be a fraud against the state”.
It also recommended sanctions for the former Head of Service, Segun Akinwusi, and former Permanent Secretary, Ministry of Finance and Economic Planning, Abiodun Akintaro.
The report blamed the two for failing to advise the former governor during meetings on the loan.
It indicted Mr. Akinwusi for denying his participation in the deliberations in the memorandum to Aregbesola as well as his oral submission under oath at the commission.
The report said that Adejare Bello, the Speaker of the state assembly at the time, ought to have called a public hearing on the matter following the resentment of the opposition members in the house on the matter.
Mr Aregbesola, full of gratitude to committee, said the report would be reviewed and approved by the Government in Council after which a white paper would be issued.