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EFCC Boss Returns ₦500 Million Sent During Mother’s Burial, Reveals Shocking Reason

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The Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, has revealed that he returned ₦500 million sent to him by various individuals during his mother’s burial in 2019.....KINDLY READ THE FULL STORY HERE▶

Olukoyede explained that these substantial gifts, which included cheques and drafts, were sent by ministers, permanent secretaries, directors, and other high-ranking officials.

Speaking at the 38th Anti-Corruption Situation Room in Abuja on Thursday, themed Ethics, Integrity, Corruption Risk Assessments, and Anti-Corruption at National and Sub-National Levels: Sustaining the Fight Against Corruption in Nigeria, Olukoyede shared his experience. The event was organized by the Human and Environmental Development Agenda Resource Centre, the Kano State Public Complaint and Anti-Corruption Commission, the ICPC, and the EFCC, with support from the MacArthur Foundation.

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Olukoyede explained that if he had accepted and kept the gifts, it could have led to significant complications, particularly due to his role in investigating the individuals who sent them.

Recalling the event, he said, “I lost my mother in 2019 (in Ekiti State) and went for the funeral. I was the EFCC secretary at the time. On the day before the funeral service, I went to my home, which I had built long before joining the EFCC. Upon arriving, I found 17 cows in my compound, including pregnant ones.”

He continued, “When I entered my house, my gatekeeper handed me a carton, which contained numerous cheques and drafts from ministers, permanent secretaries, directors, and DGs of agencies. When we counted the cheques, it amounted to nearly ₦500 million.”

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Olukoyede pointed out that had the cheques been deposited into his bank account, they could have been used against him in ongoing investigations, casting doubt on his integrity.

He stressed the significance of maintaining transparency and ethical conduct in his position at the EFCC, saying, “I conducted the burial in September 2019, and by July 2020, I was under investigation. If those cheques had been deposited as traditional gifts, and considering the agencies we were investigating, including directors, DGs, and ministers, it could have damaged my reputation.”

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