EFCC: How we saved N10 billion for Kwara


By Danjuma Terfa

The Economic and Financial Crimes Commission (EFCC), on Tuesday, said it prevented Kwara State from being deprived of about N10 billion of its fund in May.

The commission said it was able to achieve this by checking an alleged attempted financial misappropriation by politicians and civil servants shortly before handing over to a new government in the state.

Isyaku Sharu, the head of EFCC in Ilorin zonal office, who disclosed this to newsmen in Ilorin, said that the anti-graft agency mounted surveillance on the state government’s accounts few days to the handing over date and was able to save the state from losing the fund which it got from the Federal Government to misappropriation by government officials.

Sharu said: “It has always being a tradition in the country that whenever any government is exiting, it will indulge in mass pilferage as the last minute golden opportunity, hence our resolve to mount a surveillance on all Kwara State Government accounts between 24th to 29th May when the state received FAAC, JAAC, VAT and tax refund from the Federal Government to the tune of about N10 billion.

“I can authoritatively tell you that we saved the state last minute attempted financial misappropriation of those billions.”

The EFCC boss, who alleged that some officials of the state government misappropriated funds of the state, said the officials and some civil servants are under the investigation of the commission.

“To this end, the commission beam its search light on the Kwara State officials and on a credible tip-off, the commission is currently investigating over fifteen properties in choice areas within Ilorin Metropolis ranging from hotels, filling stations, residential accommodation etc.

“It will shock you to hear that the alleged owners are civil servants whose earning per month is not more than ninety thousand,” he stated.


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