The embattled 16 council chairmen in Kwara State might spend the weekend at the Ilorin Zonal office of the Economic and Financial Crimes Commission (EFCC), as they are currently under interrogation by the anti-graft agency for alleged misappropriation of part of the N4billion loan and 10 per cent of the state Internally Generated Revenue (IGR).
After securing the controversial loans, the councils’ chiefs allegedly held a meeting and decided that N100million be shared among themselves.
The chairmen had on February 7, last year written a N4billion 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 pensioners, while the provisions for N100million was not appropriated in the loan request.
The embattled chairmen were accused of diverting monthly 10 per cent of the IGR g for their personal use, which was paid directly into their personal accounts, against the financial regulations.
All the suspects, while undergoing interrogation by operatives of the Commission, admitted that the N100million was shared from the loan and also received 10 per cent of the IGR, pleading with the Commission to give them time to pay back what they benefitted from government’s money.
But were still in the custody of the EFCC as at the time of filing this report.