Home Exclusive EFCC recovers N27bn, $19m, probes ex-govs, ex-ministers

EFCC recovers N27bn, $19m, probes ex-govs, ex-ministers

by Our Reporter
The Economic and Financial Crimes Commission has recovered a combined sum of N27,184,357,524.52 and $19,084,419.33 from three different money laundering cases, as further efforts are being made by the anti-graft agency to recover more illicit funds.

The anti-graft agency said it would soon make public, details of its ongoing probe of some former governors, ex-ministers, and several government officials across the federation, following the receipt of several petitions.

The anti-graft agency is also carrying out ongoing investigations into some monumental procurement fraud involving some officials of the Federal Ministry of Power and the Ministry of Agriculture.

The spokesperson for the EFCC, Dele Oyewale, made the developments known on Wednesday while speaking on behalf of the EFCC acting Chairman, Abdukarim Chukkol, during a media interaction with select journalists in Lagos.

Oyewale said the anti-graft agency had seized several houses in the Federal Capital Territory, Lagos and Cross River states which are proceeds of funds meant for the Mambilla and Zungeru Power projects that were diverted through sundry Bureau de Change operators.

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