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EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 (330 Views)

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EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 by NewswazobiaNG: 7:12am On Feb 06, 2018
Last Year 2017, The EFFC made mention of recovering N867 billion, $66.258 million and 13.847 Euro but was not initially confirmed. Just Yesterday, the EFFC Chairman, Ibrahim Magu Confirmed the alleged currency recovered from looters through Buhari’s Whistle Blowing Scheme.



As stated by the anti-graft crusader, funds recovered by the commission include: GBP 294,851.82; Dirha 443400 and 70,500 South African Rand within the period under review.

The EFCC helmsman, who disclosed this during the 2017/2018 budget defence, held at the instance of the House Committee on Financial Crimes, expressed.....

Source: https://newswazobia.com/2018/02/06/effc-confirms-recovering-n867-billion-66-258-million-and-13-847-euro-in-2017-through-the-whistle-blowing-scheme/



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Re: EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 by tayebest(m): 7:15am On Feb 06, 2018
That's whopping! shocked


...and olisa metuh been forming intense sickness yesterday! you must vomit the yam grin grin
Re: EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 by orisa37: 8:22am On Feb 06, 2018
Ministry of Finance can release all these Monies to Commerce and Industry Bank to manage, in equal shares, for the 36 States on Small Scale Loans recoverable and revolving Scheme.
Re: EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 by yanabasee(m): 8:47am On Feb 06, 2018
The left over balance after the cut....

Magu is a criminal......
Re: EFFC Confirms Recovering N867 Billion, $66.258 Million And 13.847 Euro In 2017 by Felixv: 3:16pm On Feb 06, 2018
The EFCC is proposing to spend N21.2bn in 2018, up from the N17.2bn it budgeted in 2017.

Magu explained that the “27 per cent” increase was to cover a raise in personnel expenditure from N7.1bn in 2017 to N11bn in 2018.

He also complained that prosecution of cases was taking a large chunk of the agency’s budget, with as many as 189 convictions secured in 2017.

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kudos for the hardwork ..no wonder our overfed (150bn) senators and reps cant stand magu,

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