Kaduna State Government Discovers N24bn in 423 bank accounts

Governor El-Rufai of Kaduna State led administration in Kaduna has uncovered a total of N24 billion from different accounts scattered around banks in the state.

The disclosure of the recovery was made known by the state deputy governor, Arch Bala Barnabas Bantex during a town hall meeting in Southern Kaduna on Saturday, September 5, 2015.

According to the report, about N24 billion has been recovered from 423 different bank accounts following the government’s decision to adopt a single account.

Bantex further revealed that the 423 accounts were operated by the previous administration.

According to him, the adoption of a single account by the state government brought about the recovery of the funds.

Governor Akiwumi Ambode of Lagos State has also announced his decision to run a single bank account to be operated by the state government to reduce the financial wastefulness and excesses which is believed to be perpetrated using different bank accounts by any arm of government.