A Judicial Panel of Inquiry set up by Abia State Government to look into the operations of its Physical Planning and Infrastructural Development Fund, has discovered a large scale fraud of over N23 billion.
The panel revealed that against its original intention, the immediate past administration in the state allegedly used the agency to divert funds meant for the state into private pockets.
According to the panel, the alleged frauds were committed between the inception of the agency in 1999 and last year.