Tag: Fund Diversion
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How Alleged Bank Fraud, Fund Diversion Stalled Ondo’s ₦16.6bn Ajagba–Akotogbo–Ijuosun Road Project
AKURE, NIGERIA — The ₦16.6 billion Ajagba–Akotogbo–Ijuosun road project in Irele Local Government Area of Ondo State has become the subject of a petition to the Economic and Financial Crimes Commission over alleged financial irregularities and disputed project funding. The 28-kilometre road has reportedly remained largely abandoned, with residents citing potholes, erosion and overgrown sections…