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EFCC Arrests 16 Kwara LG Chairmen For ‘Converting N4bn Loan To Personal Use’

The Economic and Financial Crimes Commission (EFCC) on Friday, 1st of November detained 16 local government chairmen in Kwara State suspended by Governor AbdulRahman AbdulRazaq.

The council chairs were being interrogated by the Ilorin office of the EFCC for alleged misappropriation of part of N4 billion loan and 10 per cent of the state’s internally generated revenue.

The detained chairmen include,  Risikat Opakunle, Saidu Yaru Musa, Umar Belle, Ayeni Dallas, Fatai Adeniyi Garba, Lah Abdulmumeen, Raliat Funmi Salau, Aminat Omodara and Muyiwa Oladipo.

Others are Oladipo Omole, Abdullahi Abubakar Bata, Saka Eleyele, Lateef Gbadamosi, Oni Adebayo Joseph, Omokanye Joshua Olatunji and Jibril Salihu.

It was gathered that the chairmen, after securing the controversial loans, held a meeting and decided to share N100 million among themselves.

They were also said to have on February 7, 2018 requested a N4 billion loan from the Manager of the Ilorin branch of Sterling Bank to pay the salary arrears of the State Universal Basic Education Board (SUBEB) teachers, local government staff and local government pensioners, while the provision for N100 million for council chairmen was not appropriated in the loan request.

The embattled council chairs were also accused of diverting 10 per cent of the monthly internally generated revenue for their personal use, and the money was paid directly into their personal accounts against financial regulations.

The suspects, it was gathered, admitted sharing N100 million of the loan and also received 10 per cent of the internally generated revenue.

It was also gathered that the suspects were pleading with EFCC to give them time to pay back the sum they took from the government money.

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