The discrepancies that have emerged over the exact figures of funds and worth of assets recovered so far by the anti-graft agencies, especially the Economic and Financial Crimes Commission, EFCC, are becoming worrisome. The EFCC under its Acting Chairman, Mr Ibrahim Magu, is in the habit of reporting its fund recoveries in the media. For instance, in November 2017, Magu peddled the sum of N739 billion (over two billion US Dollars) as the amount recovered in the first two years of his stewardship. In February this year, it claimed that it recovered over N500 billion in 2017 alone.
But in a letter issued on February 9, 2018, the Minister of Finance, Mrs. Kemi Adeosun, said records available to the Office of the Accountant-General of the Federation, OAGF, had only N91.4 billion as amounts recovered since 2015. In that letter, Adeosun requested the EFCC to clarify where the cash recoveries were deposited, with documentary evidence.

It is totally unacceptable that the Federal Ministry of Finance, FMoF, is in the dark about amounts recovered from those who allegedly pillaged the nation’s treasury. It is also baffling that two departments of the same government should have different figures as recovered amounts. It could be an indication that something funny might be going on in between.

Read more at: https://www.vanguardngr.com/2018/04/efcc-not-hold-recovered-funds/

We cannot believe anything from government anymore. Too many lies, half-truths, deception and propaganda

You people will be shocked when you see the amount of money that magu have been looting since