The Ilorin zonal office of the Economic and Financial Crimes Commission has said that it has recovered N3.6 billion and 10 houses from suspected looters.<\/p>\n
EFCC zonal head, Mr Isyaka Sharu, spoke on Monday in Ilorin during the annual International Anti-corruption rally.<\/p>\n
\u201cThe Commission has recovered N3.6 billion from suspected looters. Two out of the recovered properties are in Ikoyi.<\/p>\n
\u201cOne is in Lekki and the recently recovered property worth over N1 billion is in Ilorin,\u201d Sharu said.<\/p>\n
He said that at the eve of the last handing over, EFCC saved the state from an attempt to loot over N4 billion of its tax refund.<\/p>\n
\u201cCurrently, the ongoing investigation into the Kwara State Internal Revenue Service (KWRS) led to the recovery of about N50 million.<\/p>\n
\u201cEffort is being made to recover the balance of about N2 billion from some notable individuals in the alleged fraud in KWRS,\u201d Sharu said.<\/p>\n
The State Governor, AbdulRahman Abdul Razak said that the match against corruption was for everybody, noting that, \u201cIf we do not kill corruption, it will kill all of us\u2019\u2019.<\/p>\n
AbdulRazak said that corruption was detrimental to the economy and social development because it reduces the capacity to work.<\/p>\n
\u201cIt is important to work together and fight against corruption. It is killing the people gradually, the hospitals, schools and social infrastructures,\u201d he said.<\/p>\n
The governor commended the anti-graft body for its efforts and support in the recovery of money, saying \u201cwhen we came into power, there would have been nothing for us to work with.\u201d<\/p>\n
\u201cThe past administration left a huge amount of debt, and if EFCC had not saved the attempt to loot N4.8 billion, there would not have been anything to work with,\u201d he said.<\/p>\n
AbdulRazak said the N4.8 billion was still intact in the government cash reserve, and it would be used to work for the state economy and balance the budget for next year.<\/p>\n
\u201dI also thank EFCC for the recovery of N111 million from fraud cases,\u201d he said.<\/p>\n
NAN reports that the rally was to further create awareness for the world to unite against corruption, money laundering and terrorism.<\/p>\n
The rally also addressed issues on international cooperation, repatriation of stolen items, deportation, criminal proceedings, transfer of sentenced persons, transfer of criminal proceedings, mutual legal assistant treaty and confiscation.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Ilorin zonal office of the Economic and Financial Crimes Commission has said that it has recovered N3.6 billion and 10 houses from suspected looters. EFCC zonal head, Mr Isyaka Sharu, spoke on Monday in Ilorin during the annual International Anti-corruption rally. \u201cThe Commission has recovered N3.6 billion from suspected looters. Two out of the […]<\/p>\n","protected":false},"author":62,"featured_media":2612,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[823,68],"class_list":["post-18648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-corruption-in-nigeria","tag-efcc"],"yoast_head":"\n