The All Progressives Congress,
APC, in Ogun State, has warned banks and other financial institutions not to
yield to threats and pressures from Governor Ibikunle Amosun to issue
last-minute loans, overdrafts and other financial instruments.
This was contained in a statement
issued in Abeokuta, the state’s capital, on Monday by the APC publicity
secretary, Tunde Oladunjoye.
The APC warned that any
institution that grants such requests “does so at its own risk”.
The statement added, “It has come
to our notice that the outgoing governor has been exerting pressures on banks
and financial institutions to grant frivolous loans, overdrafts and other
instruments immediately Prince Dapo Abiodun was declared Governor-Elect.
“We are equally aware that files
and other sensitive governments’ documents are being moved out of government
offices on the order of the outgoing Governor, His Excellency, Senator Ibikunle
Amosun.
“It is therefore important to let
it be known to the concerned public officers that it is part of their duties to
protect public properties, including files, documents and information at their
disposal.
“As anything contrary to this
will be running foul of the laws and their oath of office. The allegiance of
the civil servants is to Ogun State and not to any individual, no matter who.
“As for the banks, we want to
state categorically that the incoming administration believes so much in the
rule of law and due process. Therefore, the administration will not honour any
obligation that did not follow due process or any loans that did not receive
the prior approval of the State House of Assembly.
“According to the Federal Bureau
of Statistics, Ogun State’s Internally Generated Revenue has increased by 590
per cent in eight years totaling N74, 835, 979, 000.51 (seventy four billion,
eight hundred and thirty five million, nine hundred seventy nine thousand naira
and fifty one kobo).
“Why the outgoing administration
still wants ‘injury-time’ loans despite those already incurred, beats one’s
imagination and leaves much to be desired. The incoming administration will not
honour such shady loans.”
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