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The Kogi State Commissioner for Information and Communications, Kingsley Fanwo has reacted to the press statement by the Economic and Financial Crimes Commission, EFCC, disclosing the letter which confirmed that the Central Bank of Nigeria, CBN, has received the controversial N19.3 billion form Sterling Bank. 

The EFCC had in the statement disclosed that the sum was the remainder of a N20billion bailout loan which the commissioned identified as belonging to Kogi government and domiciled in Sterling Bank. 

Speaking to the statement, the Commissioner said the government’s team were working on a comprehensive response, insisting that the government did not have such an account with Sterling Bank. 

“The Kogi state government has described as laughable the Economic and Financial Crimes Commission’s attempt to desperately wriggle out of a bad case with another mischief aimed, again, at misleading Nigerians,” the statement reads.

“Quoting a letter signed by the Central Bank of Nigeria, which has not said anything different from what has been said so far on the controversial N20bn bail-out fund, the EFCC finally exposed the fact that it had been pursuing a political agenda all along, as we prepare a comprehensive response to the latest of the desperate moves by the commission to save its face in view of its obvious goof and unethical conduct in the matter in dispute.

“The press statement by the commission is a malicious attempt to rope the state into a matter that ordinarily has nothing to do with our dear state.

“We maintain the unassailable truth that the Kogi state government did not operate such an account with the bank as affirmed in a letter by the bank.

“We sympathise with the EFCC as it has been a herculean task to cover the initial misinformation and deliberate deceit by the commission.

“The Kogi state government will react to this comprehensively as our media and legal teams are currently studying the ill-fated press statement by the EFCC.”

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