EFCC recovers looted N50m in Kwara

The Economic and Financial Crime Commission, EFCC, has disclosed that it recovered over N50 million in Kwara State.

This is even as the commission announced that it had over N200million on interim forfeiture.
Zonal head of the commission in Ilorin, Mr Isyaku Sharu, made the disclosure during a press conference with journalists on Tuesday.

He said the N50 million recovered included those recovered from some state legislators and civil servants who allegedly duped some people.

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

“Some have confessed to the commission and the matter is in court while we also halted attempted financial misappropriation of billions of naira from the Kwara State accounts in the last days of May 2019 before the handing over to the new administration,” Sharu said.

He further declared that the commission beamed its searchlight on officials of Kwara State and it was currently investigating over 15 properties in choice areas within Ilorin metropolis, ranging from hotels, filling stations, residential accommodation and microfinance bank.

He also noted that youths between the ages of 18 and 25 years old were the main perpetrators of internet fraud in the state.

“So far, we have charged over 29 cases to both federal and state high courts and as at last Friday, we have 15 convictions. The court also ordered their exotic cars, monies running to millions of naira in their account forfeited to the federal government,” he said.

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