13 February 2013

Nigeria: Oyo Asks EFCC to Refund Ladoja's 'Stolen' Money

Oyo State Government has asked the Economic and Financial Crimes Commission (EFCC) to release to it money and property belonging to the state confiscated from its former governor, Senator Rashidi Ladoja.

The state government also asked the anti-graft agency to expedite action in the trial of former governor, Adebayo Alao-Akala.

This decision, which formed part of the resolutions of the state Executive Council, was conveyed to journalists yesterday in a statement by the state Commissioner for Information, Mr. Taiwo Otegbeye.

According to the executive council resolution, this was necessary for good governance.

The statement reads in part: "The Executive Council of Oyo State Government has passed a resolution urging the EFCC to expedite action on the trial of the two former governors of Oyo State and their co-accused persons facing trial for misappropriation of the state funds and resources."

While commending the EFCC for its giant strides in investigating, arresting and prosecuting the two former governors for offences relating to misappropriation and conversion of the state funds and resources, the government noted that the trials of the former governors were yet to commence.

More specifically, in the statement, the state asked the commission to release to it the state government money and property recovered from the governors and their fellow accused persons.

According to the government, the money and property recovered by the anti-graft agency, which it said were well over N700 million, was still outstanding.

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