Gov. Ajimobi Closes 168 Bank Accounts Allegedly Operated By Former Governor Akala

Gov. Abiola Ajimobi Of Oyo State

Governor Abiola Ajimobi led administration in Oyo State has closed about 168 bank accounts out of over 300 which his predecessor, Otunba Adebayo Alao-Akala allegedly operated while in government.
After the closure of the excess bank accounts, he disclosed that his government realised N7b which is being used for developmental projects.
Speaking through the Commissioner for Information, Mr. Adelabu Zaccheaus Wednesday in Ibadan, he alleged that operating the unnecessary account had resulted in the loss of several millions of Naira.
The Commissioner stressed that the accounts were later consolidated into a few.
He said, “I met 168 accounts when we came on board and another 150 in ministries. Now, how can such accounts be well coordinated? We had to close those accounts leaving only one in each bank. We realized N7 billion from those accounts.”
Closing the excess bank accounts also blocked several loopholes through which individuals and organizations may steal government money.