Business Mogul Accuses Katsina State Governor of N24b Fraud

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A business mogul,  Malam Mahdi Shehu, has alleged that Katsina State Governor, Bello Masari, has misappropriated N24b state security funds from 2015 to 2019.

Mallam Shehu made the allegation in a live program with Freedom Radio based in Kaduna.

While on the program, which lasted for an hour, Mallam Shehu gave the dates and account numbers of the alleged beneficiaries of the payments which he claimed were fraudulent.

He also claimed to be in possession of other hard facts to prove the veracity of his allegations. 

Hours after the damning allegation, Katsina State Government has yet to officially react to it.

Meanwhile, one of the alleged beneficiaries of the payments, who also doubles as the state’s Commissioner for Resource Development, Mustapha Mahmud Kanti Bello, has denied the allegation in its entirety, saying “the allegation is 100 percent false and baseless”.

Kanti, whose bank account number was quoted during the program, said he had directed his legal team to take “necessary action against this baseless allegation and attempted defamation of character.”

Malam Shehu said he stood by his allegation.