Kano market leadership accused of embezzling N700m

Board of Trustees, Kano Traders Union, has petitioned the Economic and Financial Crime Commission (EFCC), accusing the sacked leadership of Kano Textile Market Association of allegedly embezzling over N700 Million Union money.

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Already, the Board of Trustees has dissolved Alhaji Liti Kulkul leadership for many offences, ranging from refusal to vacate office after the expiration of his tenure since 2015, as well as allegations of selling plots of land belonging to the association, including other valuables.

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Similarly, the Traders Board of Trustees led by Alhaji Bature AbdulAziz have  since obtained a Court Order, restraining the Liti Kulkul dissolved leadership from tempering with the assets, finances and properties of Kantin Kwari textile market, pending the determination of motion on notice.

The Court order obtained by the trustees restrained the sacked Executive members from further disposing of the properties of the market association, pending the hearing of the motion on notice.

Bature AbdulAziz, who is also the President of the Harmonized National Traders Association told Reporters in Kano that already they have appointed a new Caretaker Committee headed by Alhaji Gambo Danpass to oversee the affairs of the market for the next three months before elections.

According to him, they exhausted all entreaties, including meeting with the Police AIG zone One to convince Liti Kulkul to conduct elections, as his tenure has since elapsed but to no avail.

The Chairman of Traders Board of Trustees also disalosed that apart from the caretaker committee  created, two other committees have been constituted to investigate how three buses, plots of land and other properties, belonging to the market are missing.

He said that the matter is criminal in nature, hence the decision to petition the EFCC to investigate  how N700m got missing from the treasury of the market.

The new Caretaker Chairman, Gambo Danpass  accepted the responsibility to conduct fresh election, pending the election of the new executive members, emphasizing that he wants to see a much more responsible leadership that is free of corruption, as well as boost the revenue generation of the state.

However, he said right now they have no idea  of what the money been collected from over 1000 shops across the markets apart from those operating on temporary stalls.are been used for.

Meanwhile, several calls put across to the sacked Chairman, Liti Kulkul for his reaction was unsuccessful, as his phone was not reachable.

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3 Comments

  1. Embezzlement, fraud etc everywhere in Nigeria and in every arms and by everyone. Na wa o. Then we should just change the name Nigeria to Fraud.

    No support for the man, the president trying to bring us out of this mess and people are still not happy with it.

    Sick.

    Regards

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