Missing N450bn: EFCC to invite agency chiefs under Jonathan

Missing N450bn: EFCC to invite agency chiefs under Jonathan

- A long list of government agencies could have their former bosses under the Goodluck Jonathan administration invited by the EFCC

- The EFCC has confirmed that it has kicked investigations into reports of unremitted N450bn by revenue-generating agencies and will invite former ministers and ex-permanent secretaries who were in charge of these agencies

Missing N450bn: EFCC to invite agency chiefs under Jonathan

EFCC under Magu is going after more of those that worked under ex-president Goodluck Jonathan over unremitted government revenue

The Economic and Financial Crimes Commission (EFCC) is set to go after more ministers and ex-permanent secretaries that served under the Goodluck Jonathan administration over unremitted N450billion.

Punch reports that the development follows a report by finance minister Kemi Adeosun that N450bn was not remitted to the Consolidated Revenue Fund Account and the government was ready to prosecute any official of revenue-generating agencies indicted in the audit report.

READ ALSO: Scandal! NSCDC commandant-general allegedly involved in MASSIVE recruitment racket

Adeosun said: “Some agencies have never credited the Consolidated Revenue Fund despite having salary, capital and overhead (expenditures) financed by the Federal Government. Indeed, cost to income rates of 99.8 per cent has been the average, meaning that they spend all their internally generated revenue and subventions released to them.”

The EFCC has confirmed that it has kicked off investigation into the audit report and is set to start inviting ministers and ex-perm secretaries of concerned agencies.

Punch quoted an EFCC source as saying: “We will invite the permanent secretaries of some of the agencies because the permanent secretaries are the chief accounting officers. We will also invite the directors of finance and budget in some of these agencies while the ministers that we believe may have approved such spending will also be invited.

“We discovered that many of these infractions had been taking place but never received much attention from the Federal Government because of the excess oil money during the Jonathan administration. Now that the Federal Government is cooperating fully with us, we will look into the matter thoroughly.

READ ALSO: You are liars! President Buhari berates UN, others for exaggerating N/East crisis

“We discovered that many agencies have never paid any money and never generated any operating surplus including some whose salaries, overheads and capital are paid by the Federal Government. In addition to that, they generate revenue which they spend without any form of control.”

While names of those former ministers and ex-perm secretaries to be invited have not been revealed, they can be easily identified through list of the agencies that are under EFCC scrutiny and could have their former bosses invited. These are:

Meanwhile, the European Union (EU) has challenged the Buhari-led government to respect the rule of law, even as he fights against corruption in Nigeria.

The EU said, it was necessary to avoid innocent persons being subjected to unlawful detention and other forms of injustice.

Source: Naij.com

Related news
EFCC discloses how former presidential aide allegedly helped Patience Jonathan launder N5.1bn

EFCC discloses how former presidential aide allegedly helped Patience Jonathan launder N5.1bn

EFCC discloses how former presidential aide allegedly helped Patience Jonathan launder N5.1bn
NAIJ.com
Mailfire view pixel