I will recover all looted funds from Oyo treasury —Makinde

Governor Seyi Makinde of Oyo State Thursday vowed to recover looted funds of the state.

He wooed banks’ executives to assist the government in ensuring that all the looted funds in the state were recovered and used for the overall development of the state.

He added that the looted funds, when recovered, would be be kept in a special bank account for the use of the state.

The governor said this while playing host to the management of Unity Bank Plc at the Agodi governor’s office.

According to him, the account will be made open to everybody to avoid the recovered money being looted again.

“We want to recover the money in a very transparent manner and for people to see what the present administration has done with the money recovered.

”People should know how money belonging to them is being spent. The state money seized from individuals by EFCC will be returned to the account,” he said.

Makinde had on assumption of office discovered N1.2 billion being state money seized from a certain government official.

He had since approached the EFCC to refund same to the state government.

While assuring that the state’s account with the bank would be used to save the looted money recovered from ‘wrong hands and accounts’, the governor charged the bank to also hold the state accountable because the government should not compromise the trust reposed in it by the people.

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He maintained that his administration was ready to foster a partnership with bankers, processors, agriculture and business experts to develop the state.

”Agriculture is one of the pillars that this administration rested on and that is the tool that is intended to be used to expand the economy, Making said.

He assured the bank management that the government would not discriminate against it because it was not among the first big banks but would give equal opportunity to all partners of the government.

Earlier, Mrs. Toyin Somefun, the Managing Director of the bank, said that the purpose of the visit was to request for partnership with the new administration under Makinde.

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