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    Govs Dare EFCC to Probe Them Over N522 Billion Paris Club Loan Refund

    State governors, under the aegis of the Nigeria Governors Forum, after a meeting on Thursday declared that they are ready for the probe by the Economic and Financial Crimes Commission on how they spent the N522bn Paris Club loan refund.
    According to the Punch, the meeting presided over by the forum’s chairman and governor of  Zamfara State, Alhaji Abdulaziz Yari, was held at the old Banquet Hall of the Presidential Villa, Abuja.
     Yari told journalists after the meeting that governors were ready for the probe and challenged the EFCC to go ahead with the probe and release its report.

    We discussed the issue of Paris Club and London Club. We observed that the EFCC said it is doing investigations. Yes, we support the Federal Government for fighting corruption.
    “We are waiting for the EFCC to come up with what they say is the investigation and come up with the result.
    In December 2016, the Federal Government approved N522.74bn to be refunded to the states as part of the reimbursement for the over-deductions on the Paris Club loan.
    Many of the states reportedly shared their portions with their local governments mostly to settle the backlog of salaries and some of the state-owned debts.
    The EFCC investigators were said to have invited the three signatories to the account of the NGF to its office, and they were questioned on the running of the forum’s account.

    However, the anti graft body said nobody has been indicted yet over the spending of the funds.
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