We won’t allow relooting of recovered assets — EFCC chair

The Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukoyede, has assured Nigerians that the Commission would possibly per chance per chance now not ever again allow hitherto looted sources by unpleasant other folks to be relooted within the nation.
He gave the assurance in Kachia, Kaduna Voice, on Wednesday when he paid a visit to the foremost campus of the newly established Federal University of Applied Sciences, Kachia.
The University’s facility was as soon as taken over by the Federal Executive following a court docket repeat for the forfeiture of the hitherto privately owned institution.
Nok University was as soon as a privately owned institution essentially based in 2021 by Anthony Hassan, a historical Director of Finance and Accounts at the Federal Ministry of Successfully being. Nonetheless, in June 2024, a Federal Excessive Court docket in Abuja, led by Justice Joyce Abdulmalik, issued a closing repeat of forfeiture, discovering that Hassan traditional illicit public funds to execute the University and related sources, in conjunction with a water factory, hotel, and occasion centre.
Speaking one day of his visit, the EFCC Chairman acknowledged factual governance is a likelihood in Nigeria, and that Nigerians must revel within the proceeds of accountability.
“Here's an affidavit that factual governance is a likelihood in Nigeria. President Bola Ahmed Tinubu has given us a marching repeat to pace and be clear provide of factual governance, and he has offered the leadership straight and now not straight, by actions and by words.
“Never within the history of this nation are we going to permit recovered sources to be relooted again. So, right here's an affidavit of accountability, it is an affidavit of transparency, it is an affidavit of even handed exercise of recovered sources.
“Nigerians need to revel within the proceeds of accountability, and that's why we decided to provide this help to the of us. After restoration, we truly feel the of us of the rapid community ought to be the foremost beneficiaries. So, it is indispensable for us to fancy the leadership of Mr. President on story of this has now not been going down before.
“Correct yesterday, I used to be as soon as in Bayelsa Voice to commission some initiatives. That ordinarily was as soon as now not speculated to be within the mandate of the EFCC, but on story of those initiatives had been built with proceeds of crime—from the cash recovered from Niger Delta Trend Commission (NDDC) strictly. And that's what we are able to be doing going forward.
“The President directed that we hand over this project in Kachia to the Ministry of Education, which we did overtly at the Villa, and I did promise at that occasion that we are able to device clear the power is traditional for what the President has directed. And that's why we're right here this day to uncover Nigerians that the Federal University of Applied Sciences, Kachia, is a reality.
“So, let the naysayers who divulge nothing factual can near out of the anti-corruption struggle in Nigeria know this. Here's an affidavit that the anti-corruption struggle is working, and it would work for the benefit of Nigerians,” he acknowledged.
He, on the opposite hand, expressed appreciation to President Bola Ahmed Tinubu for giving the EFCC below his leadership the chance to operate successfully, factual as he lauded Governor Uba Sani, Senator Sunday Katung, and assorted stakeholders for their dedication to the realisation of the Federal University.
Earlier, the Senator representing Kaduna South Senatorial District, Senator Sunday Marshall Katung, recommended the administration office of the Commission for yielding to the seek recordsdata from of to grant the forfeited Nok University to be traditional because the Federal University of Applied Sciences, Kachia.
“We are indeed grateful to President Bola Ahmed Tinubu, Vice President Kashim Shettima, and our Governor, Senator Uba Sani, for making the college develop exact into a reality, on story of for us, the establishment of this college is fancy a notify creation to us.”
Also, the Vice-Chancellor of the University, Professor Barnabas Qurix, recommended the EFCC Chairman for the visit and solicited the indispensable toughen that can allow the University to face on its ft.