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$350m Foreign Loan: Kaduna Assembly Begins Probe of Ex-Gov El-Rufai

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$350m Foreign Loan: Kaduna Assembly Begins Probe of Ex-Gov El-Rufai
The Kaduna State House of Assembly has commenced an investigation into the administration of former Governor Nasir El-Rufai over allegations related to a $350 million foreign loan obtained during his tenure spanning from 2015 to 2023. To oversee this probe, the House has constituted an ad hoc committee chaired by Magaji Henry.

In a video made available by AIT on its verified X handle, the Chairman, Magaji Henry, assured the public that a thorough investigation would be conducted during the course of their assignment. He emphasized the committee’s commitment to calling witnesses and leaving no stone unturned in unraveling the details surrounding the foreign loan.

Speaking on behalf of the committee, Magaji Henry affirmed their dedication to upholding transparency and accountability in governance. He underscored the importance of delving into the specifics of the alleged loan and its utilization during El-Rufai’s tenure as governor.

The probe signals a significant development in Kaduna State’s political landscape, as it sheds light on financial matters concerning the previous administration. The House of Assembly’s decision to initiate this investigation reflects a commitment to oversight and accountability in public governance.

Former Governor Nasir El-Rufai’s administration has been under scrutiny regarding financial transactions and loans secured during his time in office. The House’s investigative efforts aim to provide clarity and ensure responsible stewardship of public funds.

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