Gov Abdulrazaq Receives Fresh N263m Looted Funds From EFCC

Governor Abdulrahman Abdulrazaq of Kwara State has received a fresh sum of N263,327,800 from the Economic and Financial Crimes Commission (EFCC).

Naija News learnt that the money given is part of the N8.5 billion recovered from suspected Kwara State treasury looters.

Speaking during the handing over ceremony programme to the Kwara state government, the  Head Ilorin Zonal office of the Economic and Financial Crimes Commission, ACP Isyaku Sharu said that he had the mandate of the EFCC chairman to hand over the whole money looted from the state treasury.

According to Sharu, about N5 billion was allegedly siphoned from the Kwara State Internal Revenue Service (KWIRS) and shared in the ratio of 30/70 percent by some notable individuals in the state through their cronies.

He said; “These alleged looters siphoned from Kwara internal revenue service, KWIRS, and 16 local government areas.

“About N5billion was allegedly siphoned from KWIRS and shared in the ratio of 30/70 per cent by some notable individuals in the state through their cronies.”

Speaking further, Sharu said; “We are keeping track on the activities of all political office holders and we would keep you posted in due course of any malfeasance against any appointee to enable you get rid of rot in the system.”

“We have 48 convictions and the worth of recovered assets both at interim and final forfeiture is in excess of N8.5b,” he added.