EFCC refutes claims its officers share forfeited funds

 

EFCC refutes claims its officers share forfeited funds

The Economic and Financial Crimes Commission, or EFCC, has refuted media reports that claim that, in cooperation with EFCC officials, N54 billion that some associates of former CBN governor Godwin Emefiele forfeited was "shared" among specific ministers and aides of President Tinubu.

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The commission declared in a statement that none of its representatives had ever participated in the "giving" of any revenues from the forfeiture of assets.

The commission declared that it finds the idea of "sharing of proceeds of forfeited assets" peculiar. 

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‘’The sensational report which was promoted ostensibly to scandalise the agencies mentioned, betrays the author’s ignorance of the existing asset recovery and management framework.  Both the EFCC Act, 2004 and the Proceeds of Crime (Recovery and Management) Act, 2022, are unambiguous in terms of the accounts into which proceeds of forfeited assets are to be paid.

There is no “platform” for the “sharing of forfeited assets”; the notion itself being infantile. Otherwise, Sahara reporters would not have withheld information about when and how the sharing took place and who got what. The TRUTH is, it simply did not happen!

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Part of the statement says, "EFCC will not tolerate any attempt to defame its hard-earned reputation. Dishing fiction to the public as news is the height of irresponsibility."






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