EFCC Recovers Another N130m Loot in Kwara
The Kwara State Government has disclosed that another fresh One Hundred and Thirty million(130million) looted funds have been recovered by the Economic and Financial Crime Commission(EFCC) zonal office in the state.
This was disclosed in a statement signed by the Chief Press Secretary to the Kwara State Governor, Mr Rafiu Ajakaye.
According to the press statement, the new Ilorin zonal head of the EFCC Oseni Kazeem who paid the Governor of Kwara State a courtesy visit disclosed that a new N130m “looted funds” have been recovered from the previous administration in the state noting that the zonal office has received approval from its headquarters to hand over another N130m recovered looted funds to the state government.
The Governor while commending the activities of EFCC noted that “the recovered funds had helped to stabilise the government when he was inaugurated in May 2019, and said the administration would soon receive another tranche of recovered looted funds from the EFCC”.
“When we came in, we received the federal government tax refund of N4.8bn paid to the Kwara State Government. The money came in few days before our inauguration and EFCC made sure that the fund was not frittered away even though there were vouchers to (quickly) spend the money. We thank you for that. On our part, we want to run a responsible government and that is why we embrace the idea of social audit which means all contracts we do can be inspected by individuals or civil society organisations and make recommendations to the government. The House of Assembly just concluded its oversight of our projects.”
He announced that the zonal office has received approval from its headquarters to hand over another N130m recovered looted funds to the state government.
“The Kwara State Government has so far received N366,816,691 looted funds from some officials from the previous administration and part of the recovered funds earlier returned by the EFCC belonged to the local government areas,” the statement clarified.
