We’re Returning Stolen Assets to Nigerians – EFCC chairman

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The Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukoyede, has reiterated that recovered assets from corrupt individuals will be utilized in the interest of Nigerians.

 

Olukoyede made the remark during an inspection visit to the Federal University of Applied Sciences in Kachia, Southern Kaduna.

 

The institution formerly NoK university, was forfeited to the government by court order following findings related to illicit funding.

 

“This property has been returned to the people. Recovered assets will not be allowed to be relooted. It is no longer business as usual,” Olukoyede said.

 

He credited President Bola Tinubu and also mentioned the involvement of Vice President Kashim Shettima and Kaduna State Governor Uba Sabi for the decision to repurpose the property for education.

 

The EFCC chairman called on local residents and stakeholders to take ownership of the facility and safeguard it.

 

“Most universities don’t have what we’re seeing here. It is now up to you to preserve it for future generations,” he said.

 

He added that Academic activities are expected to begin by September 2025 and he would return to the school when students commenced classes.

 

“This is what the fight against corruption is about, returning stolen resources to the people,” he said.

 

Senator Sunday Marshall Katung, representing Kaduna South, also commenced the project, saying it signals progress in a long-neglected area.

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