Osun: Accountant-General Aware Of Debt Profile – Rauf Aregbesola

Reacting to the statement by the Governor that most of the debt was incurred during his tenure, the minister, maintained that the impasse was between Adeleke and Oyetola, so he should not be in the picture.

While attempting that he took loans, he said the two major ones he took had been liquidated while “the other ones are long-term concessional facilities (given to the state) by the Federal Government” with minimal monthly deductions.

Aregbesola said: “I will suggest that you look at all the loans and get to the Accountant-General of the state at Abere. I think the Accountant General or the Permanent Secretary (Finance) would have better information because it is the Accountant-General that raised a memo based on the query of the governor.

“The Accountant-General, in reply to the query of the governor, stated the condition of the loans and the loans that are outstanding. He is the most knowledgeable about the loans by the state as the custodian of the account of the state. They should count Aregbesola out of it.”

He said the loans collected by the Aregbesola government had been liquidated, saying “was it Aregbesola that took a loan of N18billion after he lost the election? The two major loans Aregbesola took have been liquidated.

They were the Sukkuk loan and the other ones were long-term concessionary facilities by the Federal Government which have long-span repayment terms.

The deductions are minimal and they are not deductions that will infringe on the finances of the state. The two major loans taken by Aregbesola have been liquidated.”