Topic: EFCC denies sharing funds forfeited by Emefiele  (Read 479 times)

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EFCC denies sharing funds forfeited by Emefiele
« on: August 23, 2024, 01:00:24 PM »
EFCC denies sharing funds forfeited by Emefiele

The Economic and Financial Crimes Commission, EFCC, has
denied the allegation that it shared forfeited assets among its officials,
ministers and President Bola Tinubu ‘s aides.

 

This was at the heels of an online publication alleging that
EFCC shared N54 billion forfeited by some associates of former governor of the
Central Bank of Nigeria, CBN, Godwin Emefiele, among its officials and
ministers.

 

Describing the publication as false, EFCC through its
spokesperson, Dele Oyewale, said the notion of sharing of proceeds of forfeited
assets was strange to it noting that the report was made out of ignorance and
mischief.

 

While urging the public to ignore the report, EFCC said: “No
official of the Commission was, or has ever been involved in the “sharing” of
any proceeds of forfeited assets. The notion of “sharing of proceeds of
forfeited assets” is strange to the Commission.

 

“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.”

Source: EFCC denies sharing funds forfeited by Emefiele

 - NigerianEye
Invest in US dollars: https://hashflare.io/r/CF2F6691

 

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