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EFCC Maintains Integrity, Denies Allegations Of Fund Sharing With Government Officials

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The Economic and Financial Crimes Commission (EFCC) has vehemently denied reports suggesting its officials shared forfeited assets linked to former Central Bank of Nigeria (CBN) governor Godwin Emefiele and his associates.

In a statement released on Wednesday, EFCC spokesman Dele Oyewale described the allegations as “strange” and “infantile,” emphasizing that the agency’s officials have never been involved in sharing proceeds of forfeited assets.

Oyewale pointed out that the EFCC Act, 2004, and the Proceeds of Crime (Recovery and Management) Act, 2022, clearly outline the framework for managing forfeited assets, with no provision for “sharing” funds.

The EFCC statement was in response to an online publication alleging that N54 billion forfeited by Emefiele’s associates was shared among certain ministers and aides of President Tinubu, in collaboration with EFCC officials.

The agency described this report as “fiction” and “irresponsible,” stressing that it would not tolerate attempts to defame its hard-earned reputation.

Oyewale noted that if the alleged sharing had occurred, the publication would have provided details on when and how it happened, and who benefited from it.

The EFCC has assured the public that it remains committed to its mandate of fighting economic crimes and recovering proceeds of crime, following the law.

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