The Committee for the Defence of Human Rights CDHR Ogun State has drawn the attention of the Director and Department of State Security Service Ogun State Command and the Nigeria Police Force to the indiscriminate diversion of Public Funds and conversion of Government resources for personal business by Mr.Olabode Subair (General Manager PLANT GATE EQUIPMENTS)
1. That PLANT GATE was established in the year 2006 by the Ogun State Government with the mandate of generating revenue for the state through equipments hiring services ,upon its establishment Gateway Holdings was the supervisory agency of Plant Gate and as at June 2011 when the present
administration came in it has about 40 equipments which includes Forklift, Excavator, Crane, Roller, Tractor etc
2. That prior the assumption of OLABODE SUBAIR as the General Manager, PLANT GATE was recording an average monthly revenue of Ten Million Naira (₦10,000,000) and was able to pay staffs salaries as at when due and purchased SONALIKA FARM Tractors worth about ONE HUNDRED AND NINETY SEVEN MILLION NAIRA (₦197,000,000) with an outstanding payment of Thirty Seven Thousand Naira to balance the supplier, more so that Plant Gate was having the sum of FORTY MILLION NAIRA (₦40,000,000) in a fixed deposit despite the fact that the whole equipments were not functioning optimally in the above situation
3. That upon the appointment of OLABODE SUBAIR in November 2012 by Governor Ibikunle Amosun, Olabode Subair presented a list of all equipments that needed to be repaired to the board and such was promptly approved with the aim of increasing revenue, there after all equipments from OGROMA were returned and the average monthly revenue increased to Twenty Two Million Naira(₦22,000,000)
4. That as a suspected result of Olabode Subair mismanagement, maladministration ,marginalization of management staffs and indiscriminate diversion of company’s funds ,Plant gate finds it difficult to generate Eight Million Naira (₦8,000,000)monthly, more so that pension deducted from staff salaries was last remitted in August 2014,PAYE was last remitted February 2015.
5. That Olabode Subair has grossly abused his Office as the General manager when he uses Plant gate resources for his personal business and other suspected criminal activities ,this includes Personal Truck using the Government Number Plate, Office diesel, Tyres, batteries etc
6. That Olabode Subair is suspected to have severally forged the signature of Plant gate Accountant and instructed the transfer of several unauthorized Millions of Naira from PLANT GATE Zenith Bank Account (1013379440) to the below friends and cronies Account under the guise of contractors, even as investigation has revealed he has 100% control of some of the companies
COMPANY’S DESCRIPTION
TYRAVAL VENTURES LIMITED ZENITH 1013982790
CADINUM ENG.SERVICES ZENITH 1013440676
RYOFEM NIGERIA LTD ZENITH 1013979187
JIBOWU ENG CO.LTD DIAMOND 0056499451
IRIDIUM FARMS LTD ZENITH 1014127916
ABOLINK ENGINEERING SOURCE LTD.ZENITH 1013781302
OLAYINKA OLUWAFUNMILAYO OREOLUWA FIRST BANK 3057810422
7. Investigation revealed that a questionable and unprocedural loan of Ninety Seven Million Naira(₦97,000,000) was sourced and claimed to have been used for the purchase of used trucks ,whereas information has it that Olabode Subair deceived the top management staffs earlier when he told them the sales proceeds was responsible for the controversial trucks purchased which has been a sinking ship to Plant gate finances
8. That Olabode Subair single handedly sold company’s properties worth ₦197,000,000 without evidence of remittance of such funds into the Company’s account
9. That within 3years assumption of office by Olabode Subair as the General Manager of Plant Gate equipments ,he has criminally acquired the following verifiable assets and many others yet to be discovered
1 PROPERTY | DESCRIPTION | LOCATION | NAIRA WORTH
2 A TWENTY (20) TONNES MACK TRUCK ₦7,000,000
3 A BLOCK OF 10 SELF CONTAINED FLATS LADERIN ESTATE ₦60,000,000
4 A 30 ROOMS HOSTEL(RAINBOW HOSTEL) ALONG FEDERAL UNIVERSITY OF AGRICULTURE ALABATA ROAD ₦50,000,000
5. A BUNGALOW RESIDENCE APARTMENT AT LADERIN LADERIN ESTATE 25,000,000
6. ABOUT 20 ROOMS HOSTEL AT FEDERAL UNIVERSITY OF AGRICULTURE PRE-DEGREE ENVIRONMENT MAWUKO, ABEOKUTA NORTH ₦27,000,000
7. BANANA PLANTAIN FARM ORILE IMO OFF ISIUN SAGAMU ROAD ₦20,000,000
8. A FARM AT OBA VILLAGE OBAFEMI OWODE ₦30,000,000
9. TUNDRA PICK UP PURCHASE AROUND AUGUST 2015 ₦4,000,000
The CDHR Ogun State is not unaware of Olabode Subair demonic network and strong ties with the State Governor of Ogun State
While the CDHR National Secretariat procedurally completes documentations for the Economic and Financial Crimes Commission EFCC intervention, the Ogun State branch is anticipating the usual cooperation of the DSS for a thorough investigation to aid rapid investigation and prosecution whereby bringing perpetrator to book and obstruct any unholy escape route the suspect might be considering .
Yours faithfully,
Comr.Folarin Olayinka Comr.Akiyode Okikiolu
Chairman Secretary
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1. That PLANT GATE was established in the year 2006 by the Ogun State Government with the mandate of generating revenue for the state through equipments hiring services ,upon its establishment Gateway Holdings was the supervisory agency of Plant Gate and as at June 2011 when the present
administration came in it has about 40 equipments which includes Forklift, Excavator, Crane, Roller, Tractor etc
2. That prior the assumption of OLABODE SUBAIR as the General Manager, PLANT GATE was recording an average monthly revenue of Ten Million Naira (₦10,000,000) and was able to pay staffs salaries as at when due and purchased SONALIKA FARM Tractors worth about ONE HUNDRED AND NINETY SEVEN MILLION NAIRA (₦197,000,000) with an outstanding payment of Thirty Seven Thousand Naira to balance the supplier, more so that Plant Gate was having the sum of FORTY MILLION NAIRA (₦40,000,000) in a fixed deposit despite the fact that the whole equipments were not functioning optimally in the above situation
3. That upon the appointment of OLABODE SUBAIR in November 2012 by Governor Ibikunle Amosun, Olabode Subair presented a list of all equipments that needed to be repaired to the board and such was promptly approved with the aim of increasing revenue, there after all equipments from OGROMA were returned and the average monthly revenue increased to Twenty Two Million Naira(₦22,000,000)
4. That as a suspected result of Olabode Subair mismanagement, maladministration ,marginalization of management staffs and indiscriminate diversion of company’s funds ,Plant gate finds it difficult to generate Eight Million Naira (₦8,000,000)monthly, more so that pension deducted from staff salaries was last remitted in August 2014,PAYE was last remitted February 2015.
5. That Olabode Subair has grossly abused his Office as the General manager when he uses Plant gate resources for his personal business and other suspected criminal activities ,this includes Personal Truck using the Government Number Plate, Office diesel, Tyres, batteries etc
6. That Olabode Subair is suspected to have severally forged the signature of Plant gate Accountant and instructed the transfer of several unauthorized Millions of Naira from PLANT GATE Zenith Bank Account (1013379440) to the below friends and cronies Account under the guise of contractors, even as investigation has revealed he has 100% control of some of the companies
COMPANY’S DESCRIPTION
BANKER ACCOUNT NUMBER
TYRAVAL VENTURES LIMITED ZENITH 1013982790
CADINUM ENG.SERVICES ZENITH 1013440676
RYOFEM NIGERIA LTD ZENITH 1013979187
JIBOWU ENG CO.LTD DIAMOND 0056499451
IRIDIUM FARMS LTD ZENITH 1014127916
ABOLINK ENGINEERING SOURCE LTD.ZENITH 1013781302
OLAYINKA OLUWAFUNMILAYO OREOLUWA FIRST BANK 3057810422
7. Investigation revealed that a questionable and unprocedural loan of Ninety Seven Million Naira(₦97,000,000) was sourced and claimed to have been used for the purchase of used trucks ,whereas information has it that Olabode Subair deceived the top management staffs earlier when he told them the sales proceeds was responsible for the controversial trucks purchased which has been a sinking ship to Plant gate finances
8. That Olabode Subair single handedly sold company’s properties worth ₦197,000,000 without evidence of remittance of such funds into the Company’s account
9. That within 3years assumption of office by Olabode Subair as the General Manager of Plant Gate equipments ,he has criminally acquired the following verifiable assets and many others yet to be discovered
1 PROPERTY | DESCRIPTION | LOCATION | NAIRA WORTH
2 A TWENTY (20) TONNES MACK TRUCK ₦7,000,000
3 A BLOCK OF 10 SELF CONTAINED FLATS LADERIN ESTATE ₦60,000,000
4 A 30 ROOMS HOSTEL(RAINBOW HOSTEL) ALONG FEDERAL UNIVERSITY OF AGRICULTURE ALABATA ROAD ₦50,000,000
5. A BUNGALOW RESIDENCE APARTMENT AT LADERIN LADERIN ESTATE 25,000,000
6. ABOUT 20 ROOMS HOSTEL AT FEDERAL UNIVERSITY OF AGRICULTURE PRE-DEGREE ENVIRONMENT MAWUKO, ABEOKUTA NORTH ₦27,000,000
7. BANANA PLANTAIN FARM ORILE IMO OFF ISIUN SAGAMU ROAD ₦20,000,000
8. A FARM AT OBA VILLAGE OBAFEMI OWODE ₦30,000,000
9. TUNDRA PICK UP PURCHASE AROUND AUGUST 2015 ₦4,000,000
10. 2 STOREY BLUE ROOF SHOPPING COMPLEX(ABOUT COMPLETION) BY THE RIGHT BEFORE POST OFFICE,TOTORO ABEOKUTA,OGUN STATE ₦30,000,000
The CDHR Ogun State is not unaware of Olabode Subair demonic network and strong ties with the State Governor of Ogun State
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Yours faithfully,
Comr.Folarin Olayinka Comr.Akiyode Okikiolu
Chairman Secretary
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