The Ogun State Government has denied that it owes Bond Investments and Holdings Limited $11,740,362.00, as consultancy fees, on ‘external debt and multilateral loans.
The government said it had no legal contract with the firm.
The consulting firm had accused the state government of breaching the agreement between them after facilitating the payment of external debt and multilateral loans from the Federal Government.
In a statement signed by the Commissioner for Finance, Mr Wale Oshinowo, the state government accused the company, believed to be owned by Hon. Bode Mustapha, “of plotting to rip off the state, upon the inauguration of Mustapha’s political ally, Prince Dapo Abiodun, on May 29, 2019.” Read more