Thursday, November 21

EFCC Speaks On Sharing ₦54 Billion Forfeited By Emefiele

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The Economic and Financial Crimes Commission, EFCC, has debunked the allegation of sharing N54 billion forfeited by the former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, among its officials, ministers and President Bola Tinubu’s aides.

 the allegation was at the heels of an online publication alleging that EFCC shared forfeited assets among its officials and Tinubu’s ministers.

However, EFCC in a statement through its spokesperson, Dele Oyewale, described the publication as false.

The anti-graft agency said the notion of sharing proceeds of forfeited assets was strange, stressing that the report was made out of ignorance and mischief.

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While urging the public to ignore the report, Oyewale added that the report was aimed at scandalising the agency.

The statement reads, “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.”


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