EFCC PRESS STATEMENT
Setting the Records Straight on Investigations of Humanitarian Ministry
The Economic and Financial Crimes Commission, EFCC, has noticed the rising tide of commentaries, opinions, assumptions and insinuations concerning its progressive investigations into the alleged financial misappropriation in the Ministry of Humanitarian Affairs, Disaster Management and Social Development.
At the outset of investigations, past and suspended officials of the Humanitarian Ministry were invited by the Commission and investigations into the alleged fraud involving them have yielded the recovery of N32.7billion and $445,000 so far.
Discreet investigations by the EFCC have opened other fraudulent dealings involving Covid -19 funds, the World Bank loan, Abacha recovered loot released to the Ministry by the Federal Government to execute its poverty alleviation mandate. Investigations have also linked several interdicted and suspended officials of the Ministry to the alleged financial malfeasance.
It is instructive to stress that the Commission’s investigations are not about individuals. The EFCC is investigating a system and intricate web of fraudulent practices. Banks involved in the alleged fraud are being investigated. Managing Directors of the indicted banks have made useful statements to investigators digging into the infractions. Those found wanting will be prosecuted accordingly. Additionally, the EFCC has not cleared anyone allegedly involved in the fraud. Investigations are ongoing and advancing steadily. The public is enjoined to ignore any claim to the contrary.
On the issue of the works of the Commission against Naira abuse, dollarization of the economy and the enforcement of all extant laws relating to them, the EFCC appreciates the avalanche of public awakening, support and involvement demonstrated so far. Increasingly, members of the public are drawing the attention of the Commission to video recording of abuse of the Naira by Nigerians from all walks of life. These gestures amply demonstrate rising consciousness of the public to the sanctity of our national currency and the need for collaborative engagement to sustain the tempo.
To this end, the Commission will always investigate and prosecute anyone involved in the abuse of the Naira. Old videos being exhumed and flying around for the attention of the Commission are noted as the Commission is sensitive to the fact that its Special Task Force against Naira Abuse and Dollarization of the economy commenced operations on February 7, 2024. However, going forward, new videos of such infractions will be investigated and prosecuted.
At the moment, the Commission is investigating several celebrities involved in Naira abuse. Many of them have made useful statements to the Commission and many more have been invited by investigators working on the matter. The EFCC will not relent in its no-sacred-cow mode of operations and the public should be wary of running afoul of laws against the crime.
Dele Oyewale
Head, Media & Publicity
April 14, 2024
@BashirElRufai Honestly why did your Dad @elrufai take a loan in USD when the official currency we use in this country is Naira... I hope people understand what fraud looks like. And how these governors with the wasted tenor of Emefiele threw this nation into hardship. I hope we never forget.
@Chinedum2496@UnkleAyo What have we achieved tho... What even our democratic system is a scam. Or do you think our consuming nature is growth. We have not done much for ourselves since we got independence
@BankerOla32600@harrydaniyan@_iRoyalty_ Why would you type this pls. You are a disgrace to this nation and to your generation and unborn children. You typed this nonsense because of politicians who don't care about you? Disgraceful
@BishopPOEvang@BBCWorld@BBCAfrica Looool all this just further proves @BBCAfrica was right. It's the same pattern. The resemblance is evident but you people are naive to what a manipulative person will do to look innocent. Ajoke is definitely his daughter and he definitely did so much to cover up his lapses
@SportybetArena@renoomokri Leave @renoomokri to just be swindling his fingers to type trash. The man is so disconnected from the realities of Nigeria abeg
@renoomokri Part 2...
The collapse of our currency is largely because we have a very very corrupt system and modus operandi.
🤣 You treat your house like crap and you want a stranger to come and treat the same house like a palace. @renoomokri is just trying to be political. NAIJA is Corrupt
@renoomokri Looool I see many people here encouraging what Reno said... Two things I just want to point out.
1. When companies invest they expect returns you can't take away what these two companies have invested in Nigeria.
2. Naira collapse is not because we use the likes of Airtel & MTN
Where in KANO?.. The phone numbers and addresses provided by your contact center are not useful.
Just left your so called office in 89 Yoruba road in Sabon Gari that doesn't exist 😡 called the following numbers but no response from any - 08063344316 and 08139970997.
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@SmileComsNG what's the idea of lying that you are in Kano just to put your prospective customers on a wild goose chase.
Do things the right way. Called your contact center to get numbers and addresses of your office here in Kano that don't exist. SMH ISP's and lies 5&6