Buhari demands details of recovered loot from EFCC

Buhari demands details of recovered loot from EFCC

- President Buhari demands that the EFCC provides a detailed submission on amount of monies recovered so far since the present administration came on board in June, 2015

- Buhari issues a similar directive to the minister of finance, Kemi Adeosun, governor of the CBN, Godwin Emefiele, director general of the DSS, Lawal Daura, and the chairman of the ICPC, Ekpo Nta

- While other agencies failed to meet the Friday, April 7 deadline on the directive, only the CBN governor, Godwin Emefiele, has complied

President Buhari queries EFCC over loot recovery

President Buhari has asked the EFCC and other agencies to provide details of recovered loot.

President Muhammadu Buhari has queried the Economic and Financial Crimes Commission (EFCC) over loot recovered from Nigerians and organisations.

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The president asked the EFCC to urgently provide a detailed submission on amount of monies recovered so far by the anti-graft agency, since the present administration came on board in June, 2015.

According to Vanguard, the EFCC was also asked to submit a detailed inventory of assets seized, including vehicles, jewelries and other valuables, latest by Friday April 7, 2017.

A source disclosed that the president issued a similar directive to the minister of finance, Kemi Adeosun, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, director general of the Department of State Services (DSS), Lawal Daura, and the chairman of the Independent Corrupt Practices Commission (ICPC), Ekpo Nta.

The source added that just as the EFCC was directed, the heads of these agencies of government were also asked to submit the details of recovered monies and assets in their possession latest by Friday, April 7.

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According to the source, the directive became imperative as the government wants to place a value on the total recoveries made by the government, whose anti-graft prosecutors have been accused of being unable to secure convictions, but have been quick to announce their seizures, even temporary ones to the public.

The source said: “Infact in several yards across of the country where the EFCC keeps seized vehicles; Range Rovers, Jaguars, Prado jeeps, and expensive cars, we have heard reports of decay. The cars are allowed to rot, leading to massive waste.

“You will also recall that certificates of occupancy seized from the home of an ex-Governor were found in the market, where some EFCC officials were allegedly trying to sell them. The case is now with the police.

Also at the Senate hearing for his confirmation, Magu was not able to put a figure or an estimate to the amount of monies, local and foreign currency, he has recovered so far, or provide a value to property, cars and jewelleries that have been seized.”

While other agencies failed to meet the deadline on the directive, the source said only the CBN governor, Godwin Emefiele, on Friday, April 7, had complied with the directive and submitted his report to the president.

Meanwhile, NAIJ.com has reported that Italian prosecutors said former president, Goodluck Jonathan, probably received as much as $200 million to approve the controversial $1.3 billion sale of OPL 245 oil field.

The disclosure was made by Italian prosecutors in court documents which were gotten from investigation by Italian authorities into the deal.

The documents also confirmed that Shell and ENI knew a good chunk of the $1.3 billion would be disbursed as kickbacks to Nigerian politicians, yet went ahead with the deal.

In this NAIJ.com video below, Nigerians find it hard to name any recent politician who has never been associated with corruption.

Source: Naij.com

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