The sum of N1billion released by the Delta State Government for the construction works of Asaba Township Stadium project has been misappropriated, allegedly by the supposedly trusted handlers of the project works.
Sources said the contractors in ‘shameless manners’, had last Monday allegedly demanded for the sum of N2.5 billion to enable them complete the project; an alleged demand that had reportedly angered the State Governor, Ifeanyi Okowa, who had ordered the project completed to specification of earlier date in the month of April, 2018.
The Asaba township project was awarded by the state government in the sum of N3bn to enable it host the African Youths Championship Competition in August 2018, and N1bn was released as mobilization fee.
Governor Okowa had told journalists at a recent media parley in Asaba that the hosting of the African Youths Championship Competition will afford the state the opportunity to showcase its potentials in the Africa region.
But further investigation revealed that this was not the first time money approved for the stadium was misappropriated. As it were, the development of Asaba Capital Territory, construction of Asaba International Airport, and Asaba/Ughelli Road Projects’ Funds were allegedly misappropriated by a constructing firm, ULO Construction Company who in reaction, dispelled the story as untrue.
A 3-man probe panel has been set to look into the fraud, as the Governor was determined to see to the root of the orchestrated fraud, especially with the purported shift in the project’s completion.