Africa Press-Nigeria:
Speaker of Lagos State House of Assembly, Mudashiru Obasa, has subtly admitted to financial misappropriation under his leadership, explaining how funds were spent in the Assembly when he appeared before a panel on Saturday.
Obasa had set up a sham investigative panel to probe him of allegations of mismanaging public funds and awarding contracts to himself.
At the panel hearing on Saturday, Obasa explained that the monies approved by him followed due process.
In his explanations, Obasa said the documents exposing his activities were revealed to SaharaReporters by his enemies as he claimed NI.1m was used to print invitation cards.
It was also reported that about N2.4bn was spent within 11 months to procure 80 cars for the 40 members of the Lagos State House of Assembly.
A contract was awarded for 40 cars to be purchased for the lawmakers and less than a year after, another contract was awarded for the purchase of cars for the Assembly members in December and January, a report by The Guardian of March 1, 12020 revealed.
In a series of reports, SaharaReporters had exposed how Obasa fraudulently approved millions of naira for himself through the award of contracts to companies owned by him.
