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EFCC remits N111m recovered from monarchs, civil servant to Kwara gov



CBN, EFCC strategise to bar criminals from opening account

The Economic and Financial Crimes Commission (EFCC) Friday remitted N111, 428,891 cash recovered from looted funds belonging to Kwara State to Governor Abdulrahman Abdulrazaq.

The agency said the money was recovered from former political office holders, traditional rulers and top civil servants in the state.

The Ilorin Zonal head of the agency, Isyaku Sharu, while handing over the money to the governor said the anti-graft agency began the operations in the state in February 2019.

He added that the agency had convicted 29 people with over N500m in both assets and cash recovered.

Sharu also disclosed that the recovery was made from suspected state treasury looters, who allegedly misappropriated the land property of Harmony Holdings while others diverted funds meant for small and medium credit scheme.

He said the agency was ready to support the state government in keeping track of political office holders and key officers, warning that “it would no longer be business as usual.”

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Governor Abdulrazaq lauded the anti-graft agency for the recovery.

He promised that the fund would be reinvested in the social investment programmes of his government, which bill is before the State Assembly.

He also gave the assurance that the government would not use the money to award contracts, pointing out that it could lift thousands of people out of poverty if we’ll utilized.

He appealed to the people of the State to join hands with the anti-graft agency, describing it as a partner in progress.

“When I told people I was coming, they said I was going to Lion’s den, and I said ‘No’, EFCC belongs to us. We don’t need to be afraid of them unless we have something to hide. The Federal government acted well by supporting the anti-graft agency.”

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