The controversy surrounding the Osun State debt profile, yesterday, took a new twist, as a former governor, Rauf Aregbesola, blamed his successor, Gboyega Oyetola, for the state’s huge indebtedness.
But, Aregbesola, while confirming that he took loans, said the two major ones he took had been liquidated while “the other ones are long-term concessional facilities by the Federal Government” with minimal monthly deductions. Aregbesola said the loans his government got had been liquidated, saying: “was it Aregbesola that took a loan of N18b after he lost the election? The two major loans Aregbesola took have been liquidated. They were the Sukkuk loan and the other ones were long-term concessionary facilities by the Federal Government, which have a long span repayment terms. The deductions are minimal and they are not deductions that will infringe on finances of the state.
“They would have compared notes and there would be no rancour. But he was busy sowing mines on the path of the incoming governor, creating problems for him, and spending money with reckless abandon. What did he do with N18 billion? Now the new government is fighting back. If the new government takes the matter up to the EFCC, there would be problems for the Oyetola administration.
If EFCC is doing their job will they need Adeleke to drag Oyetola to them before they do their job? The information on corruption is public knowledge and so?
Shameless
Then you will go to jail