AFRICA

EFCC Recovers N27.2bn, and $19.1m This Year, Probes Ex-Governors, Ex-Ministers

The Economic and Financial Crimes Commission (EFCC), has recovered N27.2 billion and $19.1million in the course of the ongoing investigations embarked upon by the agency this year so far.

The anti-graft agency, which claimed it was cheaper to prevent crimes, has also launched vigorous investigation into the financial dealings of former governors, ministers and officials of the Ministries, Departments and Agencies (MDA).

The probe followed several petitions written against the former state chief executives and ministers.

The agency has also launched investigations into the monumental fraud involving some officials of Federal Ministry of Power and Agriculture with respect to Mambilla and Zungeru Power projects and has recovered properties purchased by officials of the ministries.

Acting Executive Chairman of EFCC, Mr. Abdukarim Chukkol, disclosed this on Wednesday during an interaction with journalists in Lagos.

Chukkol, who was represented by the spokesman of EFCC, Mr. Dele Oyewale, disclosed that out of the N27.2 billion recovered, N12.7 billion was from one individual.

The EFCC boss, who said the commission was progressing in line with its mandate, noted that the agency has received several petitions in respect of several public officials, including former governors, ministers and some ministry officials.

“Investigations are ongoing on those petitions. Details of their involvement and our investigations will soon be made public. So far, in three different cases, the commission has recovered N27,184,357,524.52 and $19,084,419.33. Also, investigations are ongoing in respect of monumental fraud involving some officials of Federal Ministry of Power and Agriculture.

“Funds meant for the Mambilla and Zungeru Power projects were diverted through sundry Bureau de Change operators.  For now, several houses purchased with the funds in Abuja, Lagos, and Cross River State have been recovered,” he said.

Reminded that some former governors, who are now ministers in the current administration and current members of the National Assembly have allegations of frauds against them, the EFCC boss said investigations were ongoing.

He assured Nigerians that once investigations were concluded, those involved would be persecuted according to the laws of the land irrespective of the office they occupy.

Chukkol explained that the agency was focused more on preventing financial and economic crimes, noting that it was more cost effective to prevent.

“Considering the cost involved in investigating and prosecuting financial crimes and their perpetrators, it is better we prevent them from happening. As a result, EFCC is intensifying focus on its preventive mandate. We shall be doing more in the area of public enlightenments and more jingles among others,” he said.

On Tuesday, Chukkol had called on Nigerians to be more focused and committed to the war against economic and financial crimes.

He made the call in Abuja while receiving post-Graduate Auditing and Forensic Management Students of Nile University, who visited him.

“Fighting corruption is not for the EFCC alone because no matter what we do on our own, we can’t win this war without the buying in of the people, and young people like you. You have a role to play in this exercise.

“One of our former chairmen said one of the most important stakeholders that we have in fighting corruption are the citizens, and you are all citizens, as you have a great role to play in this fight.”

“Corruption is one of the problems that is affecting the progress of our nation, there is nowhere you look at in our society today that you can’t find evidence of corruption.

“Our nation is highly blessed in terms of resources, materials resources, but despite the potentials that we have as a nation, we have not been able to make progress because of corruption,” he added.

Goddy Egene and Kingsley Nwezeh

Follow us on:

AriseNews

View Comments

  • With Us On Purchase.CAMRY TINY LIGHT #500,000

    CAMRY BIG DADDY #500,000
    ((09156089111)
    CAMRY MUZZLE #850,000

    CAMRY SPIDER #950,000

    TOYOTA RAV4 #750,000

    TOYOTA AVALON #650,000

    TOYOTA VENZA #1,8MILLION

    TOYOTA PICNIC #500,000

    TOYOTA HILUX #1,2MILLION

    TOYOTA TUNDRA #1,5MILLION

    TOYOTA TACOMA #2MILLION

    TOYOTA LAND CRUISER PRADO 3M

    TOYOTA PRADO 2,5MILLION

    ACURA MDX #950,000

    ACURA TL #1MILLION

    ACURA ZDX #1,5MILLION

    NISSAN MURANO #800,000

    NISSAN PATHFINDER #900,000

    NISSAN XTERA #950,000

    NISSAN ARMADA #4,5MILLION

    NISSAN PICANTO #500,000

    NISSAN ALMERA #500,000

    NISSAN SENTRA #700,000

    HONDA PILOT #850,000

    HONDA ODDYSEY #500,000

    CROSSTOUR 1,300,000

    HONDA ELEMENT #2,5MILLION

    HONDA ACCORD #450,000

    HONDA BABY BOY #400,000

    HONDA EVIL SPIRIT #450,000

    RANGE ROVER SPORT #4,8M

    LAND ROVER SPORT #2,5MILLION

    RANGE ROVER EVOGUE 5mil

    LAND ROVER DISCOVERY #3M

    LEXUS RX300 #700,000

    LEXUS RX330 #800,000

    LEXUS RX350 #1,2M

    ES300 800,000

    LEXUS ES300 #800,000

    LEXUS ES330 #900,000

    ES330 #950,000

    LEXUS ES350 #1MILLION

    LEXUS GX460 #1,5M

    ES350 1,300,000

    LEXUS GX470 #1,8M

    LEXUS LX570 #2,8M
    Dyna Truck 900,000
    TIPPER head 6milli

    MERCEDES C200 #1,5M

    MERCEDES C230 #1,8M

    MERCEDES C250 #2M

    MERCEDES C300 2,5M

    MERCEDES 4MATIC 2,8M

    MERCEDES GLK 3M
    O91 5608 9111}EVERY BUYER IS EXPECTED TO PAY FOR THE DOCUMENTS OF THE VEHICLES BEFORE THE DELIVERY WILL COMMENCE!!!! 〽
    ((09156089111 ) (+234_915__6089_111))

Recent Posts

CAC Removes Innoson, Daitama, 80,000 Dormant Companies From Register For Ignoring Annual Return Deadlines

The CAC has removed dormant companies that failed to file annual reports for 10 years…

6 hours ago

NEC Gives Kwara, Kebbi, Adamawa One Week To Submit State Police Reports

NEC has set a one-week deadline for Kwara, Kebbi, and Adamawa to submit state police…

8 hours ago

Amazon Faces Potential EU Investigation Over Preferential Treatment Of Own Products

Amazon may face an EU investigation over preferential treatment of its own products under the…

8 hours ago

Akpabio Hails Igbo Resilience + Ndume Begs Senate To Allow Ubah’s Widow Succeed Him – Trending With Ojy Okpe

https://cdn.veri.app/a21afe40-c7c7-4a5c-b145-4fc72382ab4b.mp4 Senate President, Godswill Akpabio, during the night of tribute, held in honour of the…

8 hours ago

Kano Governor Yusuf Reunites 76 Pardoned Minors To Families

The Kano State government has reunited 79 pardoned minors accused of looting in the #End…

9 hours ago

Matt Gaetz Steps Down as Trump’s Attorney General Pick

Matt Gaetz has announced that he is withdrawing his name from consideration as Donald Trump’s…

9 hours ago