The Economic and Financial Crimes Commission (EFCC) is probing Senate President Bukola Saraki, Governor Abdulfatah Ahmed of Kwara State and the Accountant-General of the state over how a N17billion bond secured by the State Government was spent.

The anti-graft agency suspects that part of the funds may have been diverted into private use.

The bond was intended to cover 13 projects and loan refinancing package during the tenures of Saraki as governor and Ahmed, his successor.

The investigation is digging into what has become of the N2billion Asa Dam Mixed Use Development Project and the Ilorin Water Distribution Project which has gulped N3.736billion but without water to drink by residents.

The EFCC has already interrogated the Secretary to the State Government, two Permanent Secretaries, the Accountant-General of the state, and about three contractors.

All those invited were said to have made “voluntary statements.”

Two ex-commissioners and two members of the House of Representatives may be arrested by the anti-graft agency in connection with the affected projects.