The Edo State Governor-Elect, Monday Okpebholo, on Wednesday, called on banks to halt the granting of loans to the state government during the transition period.
He also raised concerns over the alleged looting of government funds and properties by officials of the Governor Godwin Obaseki-led administration.
In a statement released by his Special Assistant on Media, Godswill Inegbealso, Okpebholo called on the Economic and Financial Crimes Commission and the Department of State Services to investigate the matter.
On Tuesday, the All Progressives Congress set up a 24-member transition committee, led by former Deputy Governor Pius Odubu, to meet with the state government committee ahead of the handover on November 12.
The statement read: “With great shock, we regret the widespread reports of looting of government funds and properties by officials of the outgoing administration from the Government House, Benin City.