Kwara speaker, SAN disagree on recovered funds' sharing
Speaker, Kwara State House of Assembly, Dr Ali Ahmad and Senior Advocate of Nigeria, Lateef Fagbemi, has expressed divergent views on how the funds recovered from looters should be shared.
While Ahmad wants the Federal Government to use the monies to offset the backlog of salaries confronting the states, Fagbemi argued that states do not have exclusive rights over what belongs to the federal.
They spoke with reporters at the ongoing 2016 Biennial Law Week, organised by the Ilorin branch of Nigerian Bar Association (NBA).The speaker stressed that the funds are part of the excess crude account which the national assembly must be given power to adjudicate on. But the senior lawyer said the existing revenue sharing formular was more suited for the purpose.
"The funds should go into the consolidated account. It is not what the federal government would want to use alone. The monies belong to the federal, state and local councils.
"It is like earning, since some of the recovered loot came from governors. What they embezzled were states and local governments monies put together, which therefore should be shared among the three tiers of government. The speaker however called for moderation of the anti-corruption fight, which he said, should not be personalised but institutionalised.
He said the eight-year rule of President Buhari would amount to nothing if the anti-corruption fight were not institutionalised. "Once he lives the scene, corruption would come back," he said.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Umar Bayo Abdulwahab Abdullahi Dasilva Yussuf Sun Qing Rong Ibrahim Akaje Olatunji Bamgbola Shehu Adaramaja CCB Mohammed Yisa Tanke Overland Olatunde Jare Kulende Guber Aspirant Sidikat Uthman Ajibola Sheikh Ridhwanullah Kwara Central Unilorin Nigerian Medical Association Yemi Sanni Bola Tinubu Abdulrahman Iliasu Olatunde Michaels Hameed Oladipupo Ali Eghe Igbinehi Toun Okewale-Sonaiya Egbejila Ayo Opadokun Niyi Ogundiran Salihu Yahaya Maimunat Oniyangi Babs Iwarere Sheikh Alimi Elections Harmony Holdings Gbenga Adebayo Boko Haram Sheriff Shagaya Offa Grammer School Okedare Nigeria Governors\' Forum Mohammed Kamaludeen Zulu Gambari Bolaji Abdullahi IPSAS Yahaya A Paniyaro Offa Abdulrahman Abdulrasak Adaramaja Oba David Oyerinola Adedunmoye Dasuki Belgore Dumagi Abdulwaheed Musa IF-K Yusuf Arowosaye Umar Saro Adedipe Babatunde Idiagbon Third Estate Madawaki Babatunde Ajeigbe Erin-ile Odolaye Aremu Bamidele Adegoke Oladimeji Sa\'adatu Modibbo-Kawu March 18 Shola Odetundun Balogun-Ojomu Siddiq Adebayo Idowu Salawu Toyin Abdullahi Yusuf Ali Tanke Flyover Bridge Bayer Nigeria Limited Offa Descendants Union Ibrahim Sulu Gambari Taofik Abdulkareem Babaita Lateef Ademola Olatunji 2023 Elections

