The Minister of Power, Works and Housing, Babatunde Fashola, has condemned what he described as ‘unverified allegations’ raised by a senator against his ministry.
Dino Melaye, Kogi-APC, had first as a petition, and later as a motion, accused the ministry of mismanaging funds to the tune of $35 million and another attempt to break away with $350 million Eurobond.
Reacting to these allegations, the minister in a statement he personally signed said he will cooperate with the Senate as he and his staff has done nothing wrong in management of the said fund.
Mr. Fashola noted that he was not a minister in 2013, the period for which the senator claimed the funds were received. He also said the responsibility of managing government debt like Eurobond is that of the Debt Management Office and not his ministry.He alleged an ulterior motive in the presentation of the allegations as the senator made different allegations while raising it as a petition and later during its presentation as a motion.