EFCC tracks Kwara's N370M to UK...

Date: 2019-07-11

The Zonal head of Economic and Financial Crimes Commission (EFCC)in Ilorin,Kwara state capital Mr Isyaku Sharu has said that the commission was tracking N370M money of the state government,converted to pounds sterling that was used to purchase property in the United Kingdom by a highly placed politician in the state.

The EFCC Zonal head also said that the Africa continent is losing over fifty billion US dollars to illegally acquired assets annually and called for collaborations by the stakeholders to reverse the trend.

The commission said this yesterday in Ilorin during a walk to mark the 3rd African Union, AU Anti-Corruption Day rally with the theme: "Towards a Common African Position on Asset Recovery Major streets in the state capital were shut down with the rally as the stakeholders which include labour leaders, members of the Nigeria Union of Journalists(NUJ),members of Nigerian Youths Service Corps(NYSC), Artisans among others participated in the rally displaying various placards against corruption. The walk which commenced from EFCC office took participants through the Ahmadu Bello way, challenge, post office, offa road, tanke junction among others and ended at the EFCC office. Speaking during the rally, the zonal head of EFCC, Mr Ishiaku Sharu said,"This is the gathering of African against corruption, against looted funds. We have for long suffered capital flights From African to the western world.

" It is our responsibility to come as Africans to fight the common cause with a view for making sure that the assets stolen from Africa are repratriated back to Africa. This is what we are doing here today. " On Kwara state money traced to the United Kingdom he said ,"In Ilorin zone we are also tracking M370M that was converted to pounds and found it's way to UK for a particular property of one highly placed politically exposed person.

Very soon you will hear from us." On the $50Billion annual loss he said,"The continent is losing over $50 billion yearly due to illegally acquired assets allocated all over the world and the process of tracing, freezing, management and eventual repatriation of assets is a long process, hence the need for the involvement of relevant instruments through international cooperation to repatriate stolen assets back to Africa," He however expressed concerned that the recovered assets are still being stolen by the same people who stole them in the first instance.

His words,"You can all agree with me that it involves the invocation of relevant instruments to partner with international cooperation. Extradition,mutual legal accentrity,freezing among others are the process. But to our greatest surprise with all these complex nature, after all said and done the repatriated funds that were brought back to the country would still be stolen by the same people"

"So, heads of anticorruption agencies in africa have persistently sought for the support and collaboration of global communities for the repatriation of stolen wealth back to African countries.

"The need to straighten international cooperation among the anti corruption agencies in africa for purposes of developing an African common position frame work on asset recovery and return can therefore never be over emphasised."

Sharu also added that the aim of President Muhammadu Buhari's administration in the fight against corruption in Nigeria had brought significant recovery of looted assets aquired through mismanagement of public funds. He therefore appealled to all the stakeholders to join hands with the commission to ensure recovery of our common patrimony carted away by the looters, most importantly with the recent whistle blowing policy of the Federal Government. Kwara State.

Chairman of Nigeria Union of Journalists(NUJ )Mallam Umar Abdulwahab in his remark commended the commission for its achievements since it commenced operations in the state and pledged partnership of the media in the state towards achieving the goals and aspirations of the commission. Also Director of National Orientation Agency, Mr Segun Adeyemi who said that the presence of EFCC in the state is making impact with securing of conviction of some internet fraudsters, called on the society to guide against corruption.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Taofik Abiodun Ahmed     Olomu Of Omu-Aran     Fatima Abolore Jimoh     Babatunde Idiagbon     Ekiti     National Union Of Road Transport Workers     NTA Ilorin     Hajj     Ilorin Likeminds Foundation     Isaac Aderemi Kolawole     Third Estate     Yeketi     Kwara State Fire Service     Habeeb Abdullahi Al-Ilory     Village Alive Development Association     Revenue Court     Alapado     Abdul-Rahoof Bello     Gaa Olobi     Doyin Group     Yoonus Lawal     Shola Odetundun     AbdulHakeem Ajibola Akanbi     Magaji Erubu     Ilorin Metro Park     Bolaji Abdullahi     Charcoal     IEDPU     Adaramaja     Muyideen Ajani Bello     Abdulrasheed Na\'Allah     Oro Grammar School     Isiaka AbdulRazaq     Idiagbon     Alapansapa     Shuaib Boni Aliyu     Emir Of Kano     Aminat Ahmed     Dorcas Afeniforo     Sebastine Obasi     Isin     Sadiq Buhari     The Herald     Facemasks     Kehinde Boyede     Femi Ogunsola     Iliasu     Jaiz Bank     Alikinla     Saka Asiat Ayinke     Kale Belgore     Razak Atunwa     Ibrahim Sulu Gambari     Ojuekun Sarumi     Chief Imam Of Ilorin     Allocation     Umar Sanda Yusuf     Overland     Saheed Alakoso     Abatemi Usman     TETFUND     Alanamu     Amos Sayo     Kwara State Internal Revenue Service     Kwara 2023     Kemi Adeosun     Aliyu Muyideen     Gurei     Oke-Ode     Moremi High School     Olabode Towoju     Ebun-Olu Adegboruwa     Road Transport Employers Association Of Nigeria     Iponrin     Abdullah Janet Amudat     SDP     Bola Olukoju    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

John Kehinde Salako     Kayode Ogunlowo     Sarah Alade     Alagbado     Olaosebikan     Atiku     Bareke     Sa\'adu Salau     AbdulFatai Adeniyi Dan-Kazeem     Kayode Ibrahim     Laduba     Ayobami Akanbi     Oba Abdulkadir La\'aro     Ibrahim Taiwo     Waziri Yakubu Gobir     Alapansapa     AGM Professional Services     Oni Adebayo     MATTA Girls Foundation     Ghali Alaaya     Abdulrahman Abdulrazak     Hamidat Sulyman-Yusuf     Oladimeji Thompson     Tunji Moronfoye     Ado Bayero     Abdulazeez Arowona     Kawu     Idris Amosa Saidu     Bureau Of Lands     Muazam Nayaya     A.O. Belgore     Omupo     Elerin Of Erin-Ile     Gbugbu International Market     College Of Health     Ibrahim Abiodun     Ishaq Oloyede     Abdulrazak Shehu Akorede     Kwara State Football Association     Oke-Ero     Idowu Aremu     Prince Sunday Fagbemi     Rashidi Yekini     Ahmad Uthman     Sheikh Ridhwanullah El-ilory     Gbemi Saraki     Taofik Abiodun Ahmed     Shehu Adaramaja     Ekweremadu     Cornelius Adebayo     Ilorin Amusement Park     Ishak Mohammed Sabi     Oyedun Juliana Funke     IHS Towers     Bashirat Bola Bello     Amasa     Okin Malt     Garment Factory     Gbemisola Saraki     Moses Salami     Abubakar Abdullahi Bata     Umar Gunu     Lanre Aremu     Raji Ayodele Kamaldeen     Kazeem Gbolagade     Timothy Akangbe     Al-Hikmah Radio     Oluwarotimi Boluwatife Adenike     NURTW     Ajikobi     Sam Onile     Kwara Hotel     Ubandoma     Bayer AG     Musa Alhassan Buge     Vishvas KOZ Tractors     Olatomiwa Williams