EFCC grills Alabi over alleged diversion of N5.2b ALGON funds

The Economic and Financial Crimes Commission, EFCC, has according to report, commenced the interrogation and investigation of a dissolved factional president of Association of Local Government of Nigeria, Hon. Kolade Alabi in a case of corruption and diversion of over five billion naira of the associations’ fund.
According to reports, Alabi arrived the headquarters of the anti-graft agency in Jabi, Abuja on Monday and is currently being detained and grilled by operatives of the agency.
Though details of the level of interrogation as at press time was still sketchy, but it was gathered that Alabi has a lot of case to answer to especially the diversion of five billion naira funds allocated to the association for the development of the 774 local government area.
Meanwhile the Interim Management Committee had in an earlier report revealed that Alabi and his cohorts has continued to impersonate leadership of the association and also diverting funds meant for the association to their personal accounts for personal use as part of the funds which was traced to an account was opened with First Bank of Nigeria, through account number: 2034749191 could not be accounted for by the persons involved.
Alabi who is currently backed by shadow parties in high places in the polity, leads a faction of ALGON and has been locked in a battle of supremacy with the Interim Management Committee (IMC) of ALGON led by the Chairman of Suleja LGA of Niger state, Hon Abdullahi Maje.
However, the IMC reacting to the development on Tuesday, begged the anti-graft agency to ensure that justice is served and Alabi is made to return all the stolen loots belonging to the association as ALGON is a very sensitive body, which superintends over the affairs of the 774 constitutionally recognised local government areas in Nigeria hence whoever holds the rudder to its ship, should be accountable and transparent to all and sundry, especially the executive level.