Home Politics Shema Auctioned N400m Worth State Vehicles To Self At Ridiculous Prices, Personalised Gov’t Properties, Masari Cries Out
Shema Auctioned N400m Worth State Vehicles To Self At Ridiculous Prices, Personalised Gov’t Properties, Masari Cries Out

Shema Auctioned N400m Worth State Vehicles To Self At Ridiculous Prices, Personalised Gov’t Properties, Masari Cries Out

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Katsina state governor Aminu Masari on Friday said the former governor of the state Ibrahim Shema sold to himself state vehicles worth N400 million at the tail end of his administration.

Speaking with newsmen, Masari alleged that the state vehicles which were just one year old were sold off cheaply for a paltry sum of N3 million each.

“Can you imagine a car of N78 million bought in 2014 was sold for just N3 million, another N10 million vehicle for N990,000. This is disturbing,” he said.

The governor said all the sold off vehicles were less than two years old but were sold at a ninety percent depreciation values saying that when the past government knew the curtains had been drawn, it embarked on financial recklessness for which the state is now facing it’s repercussions.

He said, aside cars, Shema and his cronies personalised several government houses and property in Kaduna and Abuja adding that “we have so many of them we just taking our time and we shall soon make them public.”

Governor Masari said “several elders and elites of the state had tried to mediate between us but to no avail as the present government insists that all funds missing should be refunded while the former government is maintaining its position that it did nothing wrong.”

 

Source: Daily trust

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