The Office of the Lagos State Deputy Governor has vehemently refuted reports suggesting that it received N2 billion for the supply of fans, rechargeable lights, and fridges. Contrary to the online claims, the office clarified that the approved amount for the mentioned items was only N2 million. The controversy arose from a leaked internal memo dated November 20, addressed to the Director General of the Lagos State Public Procurement Agency.

Online reports had alleged that Deputy Governor Dr. Kadri Hamzat received N2 billion for the procurement of fans, rechargeable lights, and fridges, while his wife purportedly obtained N30 million monthly for outreach to indigent Lagosians. The leaked internal memo from the deputy governor’s office dismissed these claims, describing them as a total misrepresentation of facts.

The memo, signed by Director of Finance and Account Tola Ekemode on behalf of the Permanent Secretary in the office of the deputy governor, urged the Procurement Agency to take swift action in addressing the issue by providing the general public with an accurate account of what was approved for the Office of the Deputy Governor.

The memo clarified that the online report was untrue, mischievous, fake, and unfounded. It emphasized that the reported figures did not align with the actual records maintained by the deputy governor’s office. The approved amount for the procurement of items such as rechargeable fans, lights, and fridges was N2,017,840, significantly lower than the alleged N2 billion.

The office expressed its commitment to setting the record straight and not allowing misinformation to tarnish the reputation of the Deputy Governor, his wife, and the office. It highlighted the need for accuracy in reporting and urged individuals and journalists to refrain from spreading baseless claims without verification.

Furthermore, the memo clarified that the reported monthly expenditure of N30 million for outreach to indigents by the Wife of the Deputy Governor covered the entire year and not a monthly occurrence. The accurate figure was stated to be N2,500,000 per month. Similarly, the reported monthly empowerment program expenditure of N30 million was corrected to N2,500,000 per month.

In conclusion, the memo expressed the Deputy Governor’s displeasure with the misinformation and called on the Procurement Agency to rectify the public’s understanding of the situation by providing the true facts. It also urged caution among staff to avoid the dissemination of unfounded stories without credible basis.

Source: PM News

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed

BF Borgers, an accounting firm owned by former US President Donald Trump, has been accused by the Securities and Exchange Commission (SEC) of engaging in widespread fraud and operating a “sham audit mill.” The SEC alleges that BF Borgers committed “deliberate and systemic failures,” including the fabrication of audit papers and false assurances to clients regarding compliance with accounting standards.

This fraudulent activity, described as “massive,” occurred between January 2021 and June 2023, impacting over 1,500 SEC filings and more than 500 public companies. As a consequence, the SEC has permanently barred BF Borgers from practicing as accountants before the agency and imposed a severe penalty, including a collective fine of $14 million against the firm and its owner, Benjamin Borgers.

In a statement, Gurbir Grewal, director of the SEC’s enforcement division, declared that Borgers and his “sham audit mill” have been permanently shut down. The SEC has notified public companies that engaged BF Borgers to seek new accounting firms.

Trump Media & Technology Group, chaired and majority-owned by Donald Trump, was among BF Borgers’ clients. While Trump Media may be the most high-profile client, BF Borgers served around 350 clients subject to SEC rules during the mentioned period. However, the SEC review only examined BF Borgers’ work for public companies, excluding its services to Trump Media when it was private.

Trump Media, despite its significant valuation on Wall Street exceeding $9 billion, generates limited revenue. Its social media platform, Truth Social, faces challenges, with a notable decline in average daily active US users on iOS and Android in April. Despite this, Donald Trump remains a prominent user on Truth Social.

In response to the SEC’s actions, a spokesperson for Trump Media expressed readiness to collaborate with new auditing partners in compliance with the SEC’s order. BF Borgers did not provide a comment on the allegations.

In summary, BF Borgers, owned by Donald Trump, faces severe consequences following accusations of fraud by the SEC. The firm’s practices, characterized as a “sham audit mill,” have led to permanent suspension and hefty fines. Trump Media, among BF Borgers’ clients, is navigating challenges despite its substantial valuation, particularly with its Truth Social platform experiencing a decline in user engagement.

Social media & sharing icons powered by UltimatelySocial