EDO: How Edo & Delta State Govt Paid LUCKY IGBINEDION & JAMES IBORI A Billion Naira
How Delta state and Edo state Lavished Over 842 million naira, As Pension On Convicted Ex-governors, Who Embezzled Funds.
The two former governors, James Ibori of Delta State and Lucky Igbinadion of Edo State were convicted for embezzling public funds between 1999 and 2007.
The Delta and Edo State governments have spent over 842 million Naira on pensions, and benefits for two convicted ex-governors, in the last 12 years, findings by Sunday PUNCH have shown.
Ibori and Igbinedion had shortly before the end of their tenure, signed laws that would guarantee life pensions and several benefits for them, and their successors.
Igbinedion stole billions of naira, from the state’s treasury, and was convicted of money laundering, and ordered to return 500 million naira, as well as three houses.
He was sentenced to six months in prison, but given the option of paying a fine of 3.5 million naira, through a controversial plea bargain, with the Economic and Financial Crimes Commission, in 2008.
The former Edo State governor had, while in office, signed a law which made all former governors, entitled to 100 per cent of all allowances of sitting governors.
The law also makes a former governor, to be entitled to an officer, not above grade level 12, as a special assistant, and a personal secretary not below grade level 10, who shall be selected by the former governor, from the public service of Edo State.
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