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Lagos Speaker faces panel over alleged corruption


The Speaker of the Lagos House of Assembly, Mr. Mudashiru Obasa, yesterday appeared before the assembly’s panel of enquiry on corruption allegations leveled against him by an online medium.

Obasa told the panel that the allegations were false and the handiwork of his enemies.

He appeared before the panel headed by Mr. Victor Akande (Ojo Constituency I).

An online medium had reported on May 23 that at least 64 bank accounts were discovered and linked to the Bank Verification Number of the speaker.

The medium said it discovered that the accounts registered with various names were being used to siphon public funds and many other allegations against the speaker.

The speaker said vehicles bought for the members of the House and other expenses made by the House were done with the approval of the House and that of the Fund Management Committee (FMU) of the House headed by him. Obasa also debunked an allegation that N258 million was spent for the printing of invitation cards for the inauguration of the 9th Assembly.

Two officials of Zenith Bank; Mr John Olorundare, Chief Compliance Officer, Mr John Olorundare, Zonal Head of Alausa, Mr Sanni Idowu Awe, also appeared before the panel.

They said an individual could only have one BVN, and different account names could not be used for one BVN and Obasa had only six accounts with Zenith Bank.

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