Former Oyo state governor and current gubernatorial candidate of the Accord Party, Rasheed Ladoja, secretly refunded at least N500millions naira to the state treasury after he was caught red handed the Economic and Financial Crimes Commission (EFCC) in 2008 converting shares belonging Oyo state government to personal use, according to documents and duplicates of cheques obtained by SaharaReporters the monies were refunded first to the EFCC between 2008 and 2013.
Controversy as to the status arose because the Economic and Financial Commission did not disclose the specific accused persons from whom the refunds were extracted prompting the attorney general of Oyo state to send a letter to the anti-graft agency on April 1st 2015 asking for specifics relating to accused persons from whom monies looted from the state was recovered.
The letter also obtained by SaharaReporters claimed that at least two vehicles were recovered from the former governor.
