Pastor Adeboye’s Son, Adeolu Hadn’t Joined Ronchess As Director When Kaduna Contracts Were Awarded; He’s Allowed By Law To Execute Contracts, Says Company
Ronchess Global Resources Plc has denied that Adeolu Adeboye, son of Redeemed Christian Church of God’s General Overseer, Pastor Enoch Adeboye, and one of its Board of Directors received over N8 billion from Kaduna State Government for a contract, but abandoned the project after 30% completion.
It was reported on August 27, 2024, that Adeolu, who secured the contract through Ronchess Global Resources Plc during former Governor Nasir El-Rufai’s administration, have been evading accountability for the diverted funds and unfinished project.
But Ronchess Global Resources Plc in a rejoinder to the report dated August 30, 2024 with Ref: A&C/RC/PUB-01/08/2024, and titled “Pastor Adeolu Adeboye was never awarded any contract by the Kaduna State Government,” stating that the contract for the projects was awarded before Adeboye joined the company as a director.
The report was signed by Adesoji Adedoyin, Esq on behalf of Ronchess Global Resources Plc.
It admitted that the projects were left, but said they were stopped because the Kaduna State Government failed to pay for the projects executed/completed amounting to N1,391,782, 486.45 (N1.39 billion).
While the firm admitted that Pastor Adeolu Adeboye is a member of the board of Ronchess Global Resources Plc, it, however, said he was not part of the company when the contracts were awarded.
The firm said Adeolu joined in 2021.
It said, “In fact, Pastor Adeolu Adeboye was not even instrumental to the award of the contracts. He (Pastor Adeolu) was neither a Board member nor a Shareholder of Ronchess at the time the Contract was awarded to Ronchess.”
The rejoinder partly reads: “Based on the execution of the above contracts and after the successful execution of the Sokoto Bank road that went viral, the Government of Kaduna State in year, 2020, again awarded the following road contracts to Ronchess: Kaduna Road Projects under Kaduna Urban Renewal Road Component.
“The Isa Kaita Road; The Sultan Road; The Waziri-Maccido; The PAN Drive Road; The Katuru-Badarawa road; Zaria Road Projects under Zaria Urban Renewal Road Component; The Kofar Doka Bridge and Wusasa Dan Magaji-Nagoyi-River Galma Bridge Road with Clover Interchange.
“Due to the inflation and additional works to be done which were not contemplated in the original contract agreement, the Kaduna Roads Projects Contract sum were (sic) revised from N10, 962, 393, 459. 76 to N15, 393, 429, 595. 10 while the Zaria Roads Projects sum were (sic) revised from N8, 739, 403, 114. 74 to N17, 262, 790. 888. 60. At all material times relevant to the bidding and award of the contracts which occurred in year 2020, Pastor Adeolu Adeboye was never a Board Member of the Company. Pastor Adeolu became a Board Member of the Company in 2021.
“In executing these projects, the mobilization fee was given with Advance Payment Guarantee (APG) provided by Ronchess and after utilizing the APG. The APG was duly discharged by the Kaduna State Government after the certification of work done by the Kaduna State Government Consultants. This led to the issuance of Certificate Valuation which enable the contractors to apply for further payment in execution of the ongoing projects upon milestones of work done.
