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Ogun APC warns banks against granting Amosun’s last-minute loan requests

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THE Ogun State chapter of the All Progressives Congress (APC) has warned banks and financial institutions against granting of any last-minute loans, overdrafts and other financial instruments to Governor Ibikunle Amosun.

The party in a statement signed by its Caretaker Committee Publicity Secretary, Tunde Oladunjoye, advised them not to succumb to alleged threats and pressures from Amosun.

APC said any institutions who grants such requests does that at its own risk while alleging that sensitive government documents are being moved out of government offices on the order of the outgoing governor.

The statement reads partly, “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 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.

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“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 afoul 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 totalling 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.”

The post Ogun APC warns banks against granting Amosun’s last-minute loan requests appeared first on Tribune Online.

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