Kaduna State Governor, Mallam Nasir el-Rufai has said that the state had traced and uncovered N4bn stashed in 470 different accounts in 23 commercial banks.
Speaking on behalf of the governor on Saturday at the Third Town Hall Meeting, initiated by the government to interface with the people of Southern Kaduna senatorial district, deputy governor, Barnabbas Bala, said that the discovery was made following the adoption of the Single Treasury Account system.
“With the system, we have been able to trace and discover the sum of N4bn in different account names in 23 banks. The STA is to ensure that public funds are traceable and for the sake of accountability in the state”, he said.
The El-Rufai administration, in early August this year, announced the adoption of the Single Treasury Account and directed all commercial banks with the state funds to remit such (money) to the Central Bank of Nigeria.