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Home Business News

Seyi Makinde’s assets to be verified by Code of Conduct Bureau

Amaka ObiojibyAmaka Obioji
4 years ago
in Business News
Seyi Makinde, Governor Makinde directs the employment of 5000 youths

Seyi Makinde

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Moses Atolagbe, Oyo State Director of Code of Conduct Bureau (CCB) on Wednesday disclosed that he was waiting for orders from the CCB’s Head Office to go ahead with the verification of the N48 billion declared assets of Governor Seyi Makinde.

While speaking to newsmen, the director said that many people in the last administration are yet to comply with the asset declaration.

“We have a few people that have not complied with the position of the law. They are very few in number. Some of them are out of the country and others based it on health ground.”

[READ ALSO: This is when I will devalue the naira – Emefiele]

Penalty for defaulting: “They have got in touch with the Bureau and one of them showed up on Monday. We will just give them a little ample opportunity. If they don’t comply, they will be prosecuted.

We have done that before. A former Commissioner of Oyo State in time past had been prosecuted for failure to comply.”

Mr. Atolagbe also disclosed that some newly appointed public office holders picked up their asset declaration forms but are yet to complete the process.

[READ MORE: Why Emefiele is clamouring for more financial support for local businesses]

Background: Nairametrics earlier reported that as part of the fulfillment of his campaign promises, the Oyo State Governor, Seyi Makinde declared his assets which disclosed he was worth N48 billion.

In a statement by his Chief Press Secretary, the Governor, Seyi Makinde had cash at hand and in the bank worth N234,742,296.01, as of May 28, 2019.

The Secretary stated that the Asset Declaration Form contained details of cash at hand, in the bank, landed property (developed and undeveloped), household items, shares, and bonds own by the governor, Omini Makinde, his wife, and his companies.

[READ FURTHER: NEPC’s partnership with Shoprite could mean well for Nigerian manufacturers]

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Tags: Asset declarationBillionaires in NigeriaCode of Conduct BureauNigerian billionairesOyo state governmentOyo State governorSeyi Makinde

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