The Jigawa State Public Complaints and Anti- Corruption Commission (JSPCACC)has dragged Managing Director Jigawa Savings and Loans Nigeria Limited, Mr Babandi Isah to Court over alleged misappropriation of funds.
This was confirmed in a statement signed by the Director, Education & Public Relations, Yusuf Suleiman, issued to newsmen.
Jigawa Anti-Corruption Commission Recovers N300m Public Funds
He said, the move follow a petition over alleged abuse of office and misappropriation of funds belonging to the Bank.
According to the statement ” the commission is currently investigating a complaint of alleged abuse of office and misappropriation of funds belonging to the Jigawa State Savings and Loans Nigeria Limited by its Managing Director, Mr Babandi Isah”
“The allegations against him include breach of trust, official corruption, award of contracts without due process which include alleged unexecuted contract for the procurement of officials vehicles”
Alleged Fraud:JSC Sacks Registrar Terminates Watchman Contract
He said, the also alleged devaluation and sale of properties belonging to the Jigawa Savings and Loans Ltd located at Shuwarin, Maiduguri/Kiyawa Road and unauthorised partitioning of a land belonging to Jigawa State Savings and Loans Ltd at 744 Housing Estate, (Mobile Base), Dutse Jigawa State.
Other allegation include, diversion and un-remittance of PAYEE and withholding taxes to Jigawa State Internal Revenue Services among others.
The statement noted that, based on the said allegations, the Commission have since charged the suspect to court.