We’ll Partner with EFCC to Recover Looted Funds in Kwara: AbdulRazaq
.... Laments diversion of N2bn SME funds
Kwara State Governor AbdulRahman AbdulRazaq on Tuesday said his administration would partner with the Economic and Financial Crimes Commission (EFCC) to combat graft, including recovering funds looted from the state treasury.
AbdulRazaq said corruption had almost crippled Kwara when he took over on May 29, lamenting how the N2bn the state accessed to boost small scale businesses was diverted and shared by some persons.
According to the Governor, this meant that the state government would now have N35m deducted from its account every month.
“I got a letter (last week) from the Federal Ministry of Finance saying they will now deduct N35m every month from our account because the state government, a few years ago, took N2bn for small and mediu...