The Economic and Financial Crimes Commission, EFCC, has remanded two ex-council chairmen who were invited in connection with an alleged financial misconduct.
InsideOyo.com had exclusively reported how the commission has been inviting the ex-council bosses who served till May 2015 over an alleged withdrawal of N11 million each from the accounts of the various local government areas in the state.
For over a month, the commission was said to have been inviting the former council bosses in batches, over what the money was used for.
According to EFCC sources, the two chairmen, who were from Ibadan, had allegedly told officials of the commission that they collected the money as the ‘chief security officers’ of their respective council areas. But they could not provide any evidence of how what the money was collected for and how it was used. Not satisfied with their explanation, the commission was said to have remanded them.
Efforts by some lawyers to complete their bail process was unsuccessful as they were unable to meet the conditions.
As at the time of filing this report, the duo have yet to be bailed. It was learnt that a popular senior advocate has been contacted to effect their bail.
