Agriculture News

Missing KASCO Fund: Kano Anti-graft Agency Makes Shocking Discovery

Written by Basirat Memudu
The Chairman of the Commission, Barrister Muhyi Magaji Rimin Gado during investigation tour to the warehouse

The Kano State Pubic Complain And Anti Corruption Agency says it has commences investigation of missing government funds from Kano Agricultural Supply Company, KASCO amounting to the tune of over four Billion Naira.

The Chairman of the Commission, Barrister Muhyi Magaji Rimin Gado disclosed this when he lead an investigation tour to the warehouses where cars, heavy duty tractors and tractors believed to have been bought by the siphoned funds were been kept at a place in Kumbotso local government area of the state.

The discovered Tractors

He said the funds were mischievously transferred from Kano Agricultural Supply Company to an association registered with the corporate affairs commissioned named Association of compassionate friends.

“The Association was meant to promote and take care of the living standard of the children of the less privileged people in the society, but unfortunately it has been turned into a machine stealing public funds”.

Barrister Muhyi Magaji Rimin Gado explained the funds were being drawn from the Kano state government as a Grant to KASCO but was siphoned using the registered corporate Association and a business name company of limestone.

“We have arrested eight suspects and were revealing credible information to the commission, one of them said he was given certain amount to make false submission at KASCO, but kept the money aside waiting for a moment like this and he has return the money back.

“So far we’ve recover the sum of Fifteen million naira and have succeeded in blocking about eighty million Naira.”

Rimin Gado said the commission was not satisfied on how some transactions were being made between the companies and some banks, stressing that some bank managers may be invited to clear some issues.

He added that the commission would file the case to the appropriate court.

The Chairman appealed to the people of the state especially civil servants to forward valid information that would lead to the recovery of looted government properties, assuring them of their safety

ABDULLAHI JALALUDDEEN