The Governor of Oyo State, Seyi Makinde, has promised that all the looted funds in the state would be recovered and kept in a special bank account.
Makinde stated this while hosting the management of the Unity Bank Plc at Agodi governor’s office on Wednesday.
The Oyo State governor stated that the account will be made available 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 the EFCC will be returned to the account”.
According to the Oyo Governor, when he got into the office he discovered N1.2 billion being state-money seized from a certain government official.
He added that he had approached the Economic and Financial Crimes Commission to refund the money to the state government, to support his administration’s drive to reposition the alleged comatose education sector.
Governor Makinde promises the people of the state that he will save the looted money recovered from wrong hands and accounts in the state’s account.’
Makinde charged the bank to also hold the state accountable because the government should not compromise the trust reposed in it by the people.
He said that his administration was ready to foster a partnership with bankers, processors, agriculture and business experts to develop the state.