Skip to content
September 29, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • EFCC returns N147m looted from Kwara treasury; indicts contractors
  • Business & Economy

EFCC returns N147m looted from Kwara treasury; indicts contractors

Admin September 4, 2020
EFCC

EFCC operatives

Magu
EFCC operatives

The Economic and Financial Crimes Commission (EFCC) Kwara Zonal Office, has handed over the sum of N147.7 million recovered from suspected treasury looters to the Kwara  Government.

The handover was made at the Government House in Ilorin on Friday.

The Head of the zonal office, Mr Kazeem Oseni, said during the handover that the sum was recovered from contractors who handled projects of Kwara State Internal Revenue Service.

According to him, N9 million was recovered from officials of the Kwara State Universal Basic Education Board.

He said that the commission recently quizzed officials of the board, including its suspended Permanent Secretary, Alhaji Bayo Onimago, for allegedly including some ghost workers into the payroll.

He said that the Acting Chairman of EFCC, Mr Umar Abba Muhammed, approved that the recovered sum should be returned to the Kwara Government.

Oseni urged the state government to use the money for the wellbeing of the people.

“In our humble efforts to sanitise the system, we try to investigate all crimes committed in the society and bring the culprits to book.

“We also make sure that stolen assets are returned to the lawful owners.

“We are calling on the state government to utilise this money very well,” Oseni said.

He promised that the commission would  recover more money for both the state government and individuals cheated in one way or the other.

The Kwara Commissioner for Finance, Olasumbo Florence Oyeyemi, while receiving the sum, thanked the  EFCC for the recovery, and promised that the government would use the money for the development of the state.

”I will like to appreciate EFCC for efforts so far.

“The state government had received N111 million and N263 million on two different occasions.

“I want to assure the zonal head and other management staff of the EFCC that we will do our best to utilise the money very well,” the commissioner said. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: EFCC Kwara State loot Mr Kazeem Oseni

Post navigation

Previous Buhari appoints Executive Secretary for Loans Board
Next Bad state of Emene depot: South East to pay more for petrol

Related Stories

Delta Investment Club launched in Asaba, to empower Deltans home and abroad Naira collapse
  • Business & Economy

Delta Investment Club launched in Asaba, to empower Deltans home and abroad

September 29, 2026
Refiners ​‌‌‌⁠‍‍⁠⁠‌⁠‍‍⁠⁠⁠​‌‌​secure 112m barrels out of 182m offered – NUPRC PIA
  • Business & Economy

Refiners ​‌‌‌⁠‍‍⁠⁠‌⁠‍‍⁠⁠⁠​‌‌​secure 112m barrels out of 182m offered – NUPRC

September 28, 2026
Court orders regulator to keep issuing fuel import licences to marketers FG vs ASUU
  • Business & Economy

Court orders regulator to keep issuing fuel import licences to marketers

September 28, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Delta Investment Club launched in Asaba, to empower Deltans home and abroad Naira collapse
  • Business & Economy

Delta Investment Club launched in Asaba, to empower Deltans home and abroad

September 29, 2026
DEATH OF UNITY EKPEVBUGHE ADEDA: police take Commissioner, three others into custody; intensify manhunt for two
  • Crime and Justice

DEATH OF UNITY EKPEVBUGHE ADEDA: police take Commissioner, three others into custody; intensify manhunt for two

September 29, 2026
2027: ADC Candidates in Four States Defect to APC, Back Tinubu’s Second Term Bid
  • Politics

2027: ADC Candidates in Four States Defect to APC, Back Tinubu’s Second Term Bid

September 28, 2026
NDLEA, Military Raid, Destroy Two Cannabis Farms, Recover Processed Drugs in Edo
  • National News

NDLEA, Military Raid, Destroy Two Cannabis Farms, Recover Processed Drugs in Edo

September 28, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.