The sixteen suspended Kwara state local government councils chairmen detained by the Ilorin Zonal office of the Economic and Financial Crimes Commission, have been released on bail by the anti-graft agency.
The local councils chairmen were detained on Friday by the agency for interrogation over alleged misappropriation of part of the N4b loan and ten percent of the state IGR.
DAILY POST reports that the councils chairmen after securing the controversial loans allegedly held a meeting and decided that one hundred million naira be shared among themselves.
They had on February 7, 2018, written a four billion Naira loan request to the Ilorin Sterling bank manager in order to pay the salary arrears of the state Universal Basic Education Board,(SUBEB) teachers, local government staff,and the local government pensioners while the provisions for one hundred million naira was not appropriated in the loan request.
All the suspects while undergoing interrogation by the operatives of the agency, admitted that one hundred million naira was shared from the loan and also received ten percent of the state Internally Generated Revenue.
They also pleaded with the anti-graft agency to give them time to repay back what they benefitted from government’s money.
