Reports say N4b was discovered in 470 different accounts that was
banked in 23 commercial banks by the former PDP government.
The adoption of Single Treasury Account has helped the Kaduna state Govt. recover some hidden funds.
El-Rufa'i cuts overhead by 60%, cancels pilgrims sponsorship
(Businessdayonline)
Reports say N4b was discovered in 470 different accounts that was banked in 23 commercial banks by the former
PDP government.
Kaduna State Governor, Nasir El Rufai
(Daily Post)
Punch Newspapers reports that El-Rufai, through his deputy,
Barnabbas Bala, said
“With
the system, we have been able to trace and discover the sum of N4bn in
different account names in 23 banks. The STA is to ensure that public
funds are traceable and for the sake of accountability in the state.”
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