Ladoja blows hot, says he won't return any money to EFCC
- Ex-governor of Oyo state, Rashidi Ladoja, has said he won't refund any money to the Economic and Financial Crimes Commission
- Ladoja said because he did not steal while in office, he has no reason to return money to the anti-graft agency
- The EFCC alleged that the ex-governor sold N6.6bn worth of shares belonging to the state and pocketed the money
A former governor of Oyo state, Rashidi Ladoja has said he is not bothered with the ongoing suit instituted against him by the Economic and Financial Crimes Commission (EFCC)
Punch reports that Ladoja, who made the comment on Friday, June 15, said he would not return any money to the commission because he did not steal when he held sway as Oyo state governor.
Legit.ng notes that the anti-graft agency took Ladoja to court over alleged misappropriation of state funds while in office between 2003 and 2007.
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According to the EFCC investigator, Abubakar Madaki, while in office, Ladoja instructed that N6.6bn worth of shares belonging to the state be sold at discounted rates without the approval of the state executive council. The investigator alleged that the money went into private pockets.
Denying the allegation, Ladoja said: “It was true that I did not return any money to the purse of the anti-graft agency because I did not steal state’s money. Why would I refund money when I did not steal any money? I am not bordered. It is true that EFCC said I didn’t refund money. This is because I did not steal any money.
“The man said Ladoja has not refunded any money and he didn’t say the amount Ladoja has stolen that has to be refunded. He said EFCC has recovered money from other people but it has not recovered any money from Ladoja, so why must I be worried? I have not refunded any money as he said. As far as I am concern, there is no case there.”
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Meanwhile, Legit.ng previously reported that the Economic and Financial Crimes Commission (EFCC) informed the Federal High Court in Lagos on Wednesday, May 30, that a former Oyo state governor, Rashidi Ladoja, did not return his share of the funds received from the sale of the state’s shares.
The former governor is standing trial for allegedly converting N4.7 billion from the state treasury to his personal use, an allegation which he has denied.
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Source: Legit.ng
