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The Minister of Solid Minerals, Kayode Fayemi, has been indicted for awarding a fictitious contract, when he held sway as the Governor Of Ekiti State.
The Judicial Commission of Inquiry set up, stated that the former Governor must account for the whereabouts of N2.75 billion, allocated from the N25 billion bond obtained by the government, for the execution of a contract for the construction of an Ultra-Modern market in Ado Ekiti, which was never executed.
The Commission, also said that the Contractor in respect of the furnishing of the government house built by the Fayemi administration, should be made to refund N324.8 million, noting that the contract should not have been more than N280 million.
The Panel stated further, that it found out that KITWOOD Nigeria Limited, to which the furnishing contract of over N600 million was awarded had no traceable address, and that the address on the Letter of Award is a virgin land, situated opposite the new Central Bank, along new Iyin Road, Ado-Ekiti.
These and several other revelations were made known on Wednesday, when the Commission submitted its report to the State Governor, Ayodele Fayose.
The Panel was headed by a retired Judge, Silas Oyewole.

On the purchase of vehicles, the Panel said: “Claim by Coscharis Motors that it supplied 235 and/or 250 vehicles, was fraudulent and fraught with so many contradictions.
“That Coscharis Motors supplied some vehicles outside Ekiti State, especially at Ibadan Liaison office, when Ekiti State Government does not have a Liaison office in Ibadan. In respect of this, seven vehicles were supplied outside the State and signed for by unknown persons.
“That Coscharis Motors only supplied 219 vehicles to the Ekiti State Government, and that 17 Joylong Buses were supplied to the Ekiti State Government as gifts, but later carted away.”
On the controversial N852.9 million State Universal Education Board, SUBEB, fund, the Commission said it was clear that the government of Mr. Fayemi, hoodwinked the Federal Government into paying its own matching grant by obtaining N852,936,783.12 loan from Access Bank, on November 25, 2013, without perfecting documentation in respect of the loan, thereby flouting the provisions of Section 11 (2) of the UBEC Act, 2004.
While receiving the report, Fayose said asking people to account for their stewardship should not be termed witch-hunting, as leaders must be accountable, and that Ekiti people have the inalienable right to know how their commonwealth was being used.
“I appreciate the Panel members for a thorough job done. The time and energy they put into the job. The Panel waited for the outcome of the court case instituted by former Governor, Kayode Fayemi, before it concluded its job, because we are ardent believers in the rule of law; and if the court had ruled that we should stop, we would have stopped.
“There is no witch-hunting in a situation whereby people are asked to account for their stewardship. Am glad that the Federal Government is also pursuing the policy of accountability, and we are following suit here too”, he said.
Fayose subsequently inaugurated a four-member Administrative Panel, to study the report and come out with a White Paper. The Administrative Panel is headed by the Commissioner for Justice, Kolapo Kolade.

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