JUST IN: EFCC Recovers N4.1 Billion Property for Kano Pensioners

EFCC Recovers N4.1 Billion Property for Kano Pensioners

Recovers N4.1 Billion Property for Kano Pensioners


The Economic Financial Crime Commission has won the case against the Kano government, which illegally held pensioners' funds for two administrationsThe Abuja , chaired by Justice I.E Ekwo, ordered the forfeiture of the structures valued at N4.1 billionThe commission reiterated their promise to continue the fight against regardless of the roadblocks they encounter

The Economic Financial Crimes Commission has won the case against the Kano state government, which, for the past two administrations, has held funds and physical properties meant for pensioners in the state.

The Federal High Court of Abuja, chaired by Justice I.E. Ekwo, ordered the forfeiture of the properties to the rightful owners.

EFCC hands over documents of stolen property back to Kano state workers and pensioners
Image: X/@officialEFCC
Source: Twitter

The valuables, which include 324 houses and other property estimated at N4.1 billion, were handed over to the legal possessors on Monday, March 18, at the Abuja Zonal Command of the commission.

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The EFCC made the announcement in a post on their X official handle, formerly Twitter, on Monday.

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EFCC investigate case

The crime commission stumbled upon the case when a group of concerned Kano state workers and pensioners accused their government of misappropriating the Pensioners Fund valued at over N4.1 billion.

The commission's findings revealed that the government had an agreement with the Kano State Pension Trust Fund to build estates worth N41 billion for the pensioners, with the recipients – the workers and pensioners – needing to contribute N4.1 billion to the deal.

Investigations uncovered that the pensioners' contributions were used by the state's government to build private structures in three estates in Kano.

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Two governors of the state then sold the properties at discounted prices to people within their circle.

During the handover, the zonal commander of the commission in Abuja, Adeniyi Adebayo, assured the public that the EFCC would not relent in its fight to flush out the bad elements in all strata of government in the country.

The Kano Pension Board was ably represented during the handover by Salisu Yakubu Abubakar, Kubra Ahmad Bichi, and Alhaji Hassan Muhammed Aminu.

The board representatives received the documents on behalf of the workers and pensioners, who expressed gratitude and delight for having their properties, which they thought were out of reach, recovered.

EFCC pressured to drop charges against

Earlier, Henzodaily.ng reported that the crime commission had been under immense pressure to withdraw all charges against the former governor of state, Yahaya Bello.

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The Arewa Youth Forum alleged that the people behind the case were political opportunists, describing the charge as laughable.

Source: Henzodaily.ng

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