LOADING

Type to search

Retrieve Looted N72.5 Billion …Reps Tell EFCC

botchway May 15, 2019

The House of Representatives on Public Accounts Committee (PAC) has obligated the Economic and Financial Crimes Commission (EFCC) to begin move to recover the sum of N72.5 billion from corrupt officials of Federal Government Ministries, Departments and Agencies (MDAs).

Some fixed assets including two Peugeot 504 cars, one Peugeot 406 valued at N1.460 million, one berretta pistol and 13-round live ammunition were also listed as items to be retrieved from some government officials by the EFCC.

Chairman of the Committee, Kingsley Chinda, speaking to journalists on Monday said the Lower Chamber of the National Assembly, asked the anti-graft agency to recover $1.819 million from some departments and agencies on the federal government.

Chinda blamed the government for the lack of transparency and weak institution that has led to the embezzlement of funds from the coffers of the federal government.

Source: saharareporters.com

Leave a Comment

Your email address will not be published. Required fields are marked *

Show Buttons
Hide Buttons