Shocking: Investigation reveals how NBA pays N2 Million to a Youth Corp member quarterly

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NBA President Paul Usoro SAN

An inside source at the Nigerian Bar Association, NBA has revealed to how Paul Usoro SAN led NBA employed a youth Corp member, Abayomi Ogunola and paid him N2m every 3 months while other Youth Corp members in NBA are paid N50,000 monthly.

The corp member was curiously presented to the NBA as a staff of PriceWaterHouseCoopers (PwC) to audit the accounts of the NBA and has in fact been the one overseeing the much advertised “Audited Account” of the Association presented to the members.

Another youth Corp member who pleaded anonymity confirmed to us that Abayomi Ogunola was among those who just passed out from the NYSC some days ago.

Our source disclosed that many officers of the Association were not aware that their external auditor was a corp member serving with the Association and are still at shock at the N2 Million Naira quarterly wage bill of the NYSC “Audit Expert”.

Another inside source who spoke to on condition of anonymity stated that the ugly development now casts doubts and suspicion on the financial transparency mantra of the Paul Usoro leadership of the NBA vis-a-vis the contracts he entered on behalf of the NBA considering the huge indebtedness he claimed to have inherited from the immediate past  AB Mahmoud SAN administration.

“This is a clear case of unjust enrichment and insider dealings which is not good for the association considering the indebtedness, bleeding finance and poor welfare of members.”…. the source said.

The NBA under Paul Usoro SAN, had entered into a contract with PriceWaterHouseCoopers (PwC) worth tens of millions of Naira to oversee the Auditing of the Association’s finances.

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1 Response

  1. Samba says:

    Why are you mentioning his name …. when you’re not even sure yet or have fact that truly he was paid 2m quarterly ….. whoever writes this needs to be taught a lesson.

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