The Economic and Financial Crimes Commission (EFCC) has reportedly submitted the sum of N111,428,891 in cash to Governor Abdulrahman Abdulrazaq of Kwara State.
The money was said to be looted funds recovered from traditional rulers, former political office holders and top civil servants in the state.
The Ilorin zonal head of the Economic and Financial Crimes Commission (EFCC), Isyaku Sharu, handed over the recovered loot in person to the governor of Kwara State.
Sharu explained that the anti-graft agency began its operations to recover the looted funds in February 2019, securing 29 convictions and over N500m in both assets and cash recovered.
Sharu further disclosed that the funds were looted by suspected state treasury looters. They, according to him, also misappropriated the land property of Harmony Holdings. Some other charges levelled against the looters included diverting of funds meant for small and medium credit scheme.
Governor Abdulrazaq has bragged that his government replicated the federal government’s social investment programmes in the fulfillment of his promise to reduce the menace of poverty in the state. He, therefore, 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,” Governor Abdulrazaq stated.