ABUJA (Sundiata Post) – A witness from the office of the Accountant-General of Ekiti State, Mr. Kehinde Odunayo, has told the Judicial Commission of Inquiry set up by the Ekiti State Government to look into the state’s finances from October 2010 to September 2014 that a total sum of N163, 267,220,048.07 was received from the Federation Account while N49, 483, 156,394.80 was borrowed by the ersthwhile administration of Dr. Kayode Fayemi.
Odunayo was the first witness as the panel commenced its proceedings on Monday at the Magistrate Court 1, Ado-Ekiti, Ekiti State.
Odunayo, according to report of the proceedings made available to Sundiata Post, read to the commission month by month statutory allocation received by the government during the tenure of Dr. Fayemi and tendered necessary documents to back up his claims.
Mr Odunayo, who was led in evidence by counsel to the commission, Mr Sunday Bamise, listed the banks from which the 20 different loans were obtained.
Another witness, Mr. Arogundade Victor, who is the Director of State and Finances of the Ministry of Finance, gave details of loans in the state between 2010-2014 which tallied with the one tendered by the witness from the office of Accountant-General.
At the sitting were the three counsel to Fayemi, led by Mr I.K Olanrewaju .
The judicial commission of inquiry has adjourned till Wednesday, August 30, 2017 to continue with its proceedings.