With just two weeks to the end of his tenure, Governor Ibikunle Amosun of Ogun State has been served a notice of Court action alongside his Commissioners for Finance and Justice by a firm.
In contention is alleged breach of agreement on consultancy fee running to $11,740,362.00 over external debt claims in respect of Paris Club Debt and multilateral loans by Ogun State under Amosun.
Counsel to the firm, Bond Investment and Holdings Limited, Bolaji Ayorinde(SAN) in the letter to the State government and officials pointed out that, the demand for payment for his client has culminated in pending arbitration proceedings between the company and Ogun State Government.
The company is owned by Chief Bode Mustapha, an Egba High Chief and Chieftain of the ruling All Progressives Congress (APC) in Ogun State.
The solicitor has served Governor Ibikunle Amosun, Commissioner of Finance, Attorney General and Commissioner of Justice notice, declaring that the fee must be paid within seven days; else a legal action will be taken against the Government.
The letter read: “We are solicitor to Messrs Bond Investment and Holdings Limited (our client), and we have instructions to write this letter to you. Our client by virtue of agreement dated 23 day of December,2009 was appointed as Consultants to the Ogun State Government with respect to Ogun State External Debt reconciliation.”
“Premised upon the above, our client has made monetary demands in the sum of N6,038,624,816.67 on the Ogun State Government and this demand has culminated in pending arbitration proceedings between our client and the Ogun State Government.”
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