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EFCC Denies claims Of Looting Forfeited Funds.

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The Economic and Financial Crimes Commission, (EFCC) has dismissed a report by an online news platform, alleging that N54 billion forfeited by some associates of a former governor of the Central Bank of Nigeria, CBN Godwin Emefiele  was “shared” among certain ministers and aides of President Tinubu, in collaboration with EFCC officials.

The anti graft agency in a statement by its spokesman Dele Oyewale
issued to the press indicated that no official of the Commission was, or has ever been involved in the “sharing” of any proceeds of forfeited assets, adding that the notion of “sharing of proceeds of forfeited assets” is strange to the Commission. 

Oyewale said 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!”

“Dishing fiction to the public as news is the height of irresponsibility and EFCC will not tolerate any attempt to defame its hard-earned reputation”.

According to the statement, the public is enjoined to trash the lie told by Sahara Reporters.

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