EFCC Comments On Distribution Of ₦54 Billion Seized From Emefiele

EFCC Comments On Distribution Of ₦54 Billion Seized From Emefiele

The Economic and Financial Crimes Commission (EFCC) has refuted claims that ₦54 billion forfeited by former Central Bank of Nigeria (CBN) Governor Godwin Emefiele was distributed among its officials, ministers, and aides of President Bola Tinubu…… CONTINUE READING 

An online publication had alleged that the EFCC had allocated the forfeited assets among these individuals. In response, EFCC spokesperson Dele Oyewale labeled the allegations as false and misleading.

Oyewale emphasized that the idea of distributing forfeited asset proceeds is not part of the EFCC’s practices. He dismissed the report as a misguided attempt to discredit the agency, pointing out that both the EFCC Act of 2004 and the Proceeds of Crime (Recovery and Management) Act of 2022 clearly define the procedures for handling such assets. He urged the public to disregard the sensational claims, stating that there is no mechanism for the “sharing” of forfeited assets.

For the latest updates and juicy gossip, dive into the Bushradiogist platform by clicking this link: Bushradio. For advert placement only, shoot a WhatsApp message to 0807 580 6790.