Edo Governor-Elect Okpebholo Accuses Obaseki’s Government of Last-Minute Looting, Warns Banks

Edo State Governor-Elect Okpebholo has accused the outgoing Obaseki administration of last-minute looting and issued a stern warning to banks against aiding questionable financial transactions as the transition nears.

Senator Monday Okpebholo, the Governor-Elect of Edo State, has made significant allegations against Governor Godwin Obaseki’s administration. He claims that it has been involved in irresponsible borrowing from banks and financial institutions.

In a statement issued on Wednesday, Okpebholo alleged that members of the departing administration have participated in looting public funds and assets, such as vehicles, furniture, and rice. He characterized these actions as harmful to the state’s financial integrity.

Senator Okpebholo has urged the pertinent authorities, such as the Economic and Financial Crimes Commission (EFCC), the police, and the Department of State Services (DSS), to carry out comprehensive investigations into these allegations.

The statement partly expresses, “We are deeply shocked and saddened by the numerous reports of officials from the outgoing administration looting government funds and properties at the Government House in Benin City.”

It’s unfortunate that with just a month left before handing over, Governor Godwin Obaseki’s outgoing administration is reportedly still securing loans from banks and other financial institutions under questionable terms.

We are also aware of the extensive looting and vandalism occurring at properties in Edo State, including vehicles, furniture, gadgets, household utensils, and even carpets from government offices and residences.

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This behavior is unacceptable and erodes the trust and confidence that our citizens have placed in those tasked with serving them over the past eight years.

The EFCC, Police, and DSS should conduct a comprehensive investigation into the allegations. They must ensure that anyone found guilty is held accountable while safeguarding Government House and offices from vandalism.

Banks and other financial institutions are hereby advised to refrain from any activities that could compromise the state’s finances, particularly providing loans to the government during this period of transition.

The Accountant General of Edo State is strongly encouraged to maintain integrity in his role, as this will be the key to earning a distinguished reputation. Any acts of impunity or theft by individuals or institutions involved will face severe consequences.

Okpebholo mentioned that the new administration will keep monitoring the situation right up until the final day of the current administration.

Philip Shaibu, the recently reinstated deputy governor of Edo State, called on permanent secretaries and leaders of government agencies to stop political appointees from embezzling state assets.

Okpebholo is set to be inaugurated as governor on November 12.