Friday, 23 March 2012
Nigeria: New Bayelsa governor finds suspicious payments left by his predecessors
Some of the arrangements entered into by his predecessors on behalf of the State include one suspicious arrangement whereby the Bayelsa State Government has to pay about N300 million (US$1.9 million) a month to an unnamed recipient.
It has also been revealed that in his two weeks in office, Binabo hurriedly granted a rather suspicious N3.2 billion (US$20.29 million) contract. Seriake's headache is now to find a way out of these arrangements, which have some legal weight to them,without incurring any further losses to Bayelsa State.
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