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EFCC Recovers Over N1bn Cash From A Civil Servant - Politics - Nairaland

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EFCC Recovers Over N1bn Cash From A Civil Servant by oluemmakay(m): 12:23am On May 21
The Chairman of Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, Thursday disclosed that the Anti-graft agency last week recovered over N1 billion cash sitting in one bank account from a Civil Servant.

Bawa made the disclosure while appearing before the Senate Committee on Finance, investiating the Internally Generated Revenue (IGR) and payment of 1 % stamp duty by contractors on all contracts awarded by MDAs between 2014- 2020.

There are a lot of leakages we need to block, it is not about generating revenue, we have recovered over a billion from civil servant sitting in an account last week”, he said.

He however applauded the Senate Committee of Finance on investigations being carried out on internally generated revenues of MDAs and the payment of 1% Stamp Duty by contractors on all contracts awarded by MDAs between2014-2020.

After observing the proceedings and the process of investigation of the Committee, I am happy with what is happening here. It is a good development that the committee is working towards blocking revenue leakages.

” At this point in the nation’s history, it is not much about generating revenue as much as blocking leakages of revenue generated and still being generated by all these agencies of government” he stated.

Bawa said he would have been happy to go away with one of the heads of agencies immediately from the revelations that the Committee unearthed in course of observing the documents presented by the agency stressing that he would be ready to partner with the committee as the process goes on and hopefully get the report of the committee for further action.

As part of setting example for blockage of leakages, he stated that since his assumption of office, he has created 4 new departments in EFCC, two of which, namely the Procurement Department and the Internal Audit to ensure that due process is followed and there are no audit queries adding that other MDAs can copy the template of EFCC.

The Chairman of the committee, Senator Olamilekan Adeola ( APC Lagos West) , had earlier enunciated that the focus of the investigation is informed by the need to curb recurrent federal budget deficit and the resort to borrowing while agencies of government earn and often frivolously spend generated revenues of government adding that so far the committee had made progress with many agencies paying back unremitted revenues in the tens of millions with treasury receipts to show.

“It is clear that we can no longer continue to run government as business as usual with some agencies not audited for over years, agencies collecting funds for expenditures during budget process without declaring revenue they are bringing to the table.

The practice is for them to spend generated government revenues illegally while still collecting funds from the government that had to resorts to borrowing to fund them” , he said.

In course of the sitting, the Federal College of Education, Okene was ordered to pay back to the Consolidated Revenue Fund of the Federation the total sum of N242 million it generated and spent contrary to the 1999 Constitution and the Fiscal Responsibility Act, 2007 within 5 months.

Also, following a tripartite committee of the Accountant General Office, the Fiscal Responsibility Commision(FRC) and the Nigeria Electricity Regulatory Commission(NERC) formed by the Committee, the account of NERC was reconciled with N888million outstanding to be paid to CRF by NERC.

Other agencies that appeared before the committee for the day are Nigerian Communication Commission, NCC, Federal Medical Centre, Yenegoa, Nigeria Film Corporation, Federal Neuro Psychiatric Hospital, Calabar and the NNPC among others with some cleared while others were requested to provide additional documentation.

https://www.blueprint.ng/efcc-recovers-over-n1bn-cash-from-civil-servant/

9 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Luigi02(m): 12:24am On May 21
shocked

1 Like 2 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by BodyChief: 12:27am On May 21
That can't be - civil servant? That must be a civil leader for such amount

39 Likes 2 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by bhella10: 12:38am On May 21
The civil servant no get name?

110 Likes 11 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by TheGiftedOne(m): 1:56am On May 21
BVN is looking like a total waste of time. So many fraudulent deals still thriving despite the introduction of BVN.


Everything done in this country is useless.
Biometrics is done for
1. BVN
2.International passport
3.SIM registration
4.NIN
5. Drivers license
6. Voters card
But one crime has never been solved using these info in the database.


I spit on this country.

102 Likes 9 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by LikeAking: 3:15am On May 21
TheGiftedOne:
BVN is looking like a total waste of time. So many fraudulent deals still thriving despite the introduction of BVN.


Everything done in this country is useless.
Biometrics is done for
1. BVN
2.International passport
3.SIM registration
4.NIN
5. Drivers license
6. Voters card
But one crime has never been solved using these info in the database.


I spit on this country.

Our leaders lack experience in life and biz.

Real biz oh.

14 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by DatIgalaDude: 4:44am On May 21
So, civil servants have been sentenced to a life of poverty?
But it is ok for a political office holder to have 20billion in bullion van abi?

We are all a huge joke.

11 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Pmpm: 5:22am On May 21
Lol...civil wat


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Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Golan007: 6:42am On May 21
DatIgalaDude:
So, civil servants have been sentenced to a life of poverty?
But it is ok for a political office holder to have 20billion in bullion van abi?

We are all a huge joke.

Yes.

He must have paid tax on the investments that gave him 1 billion Naira in cash.

1 Like

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by talk2hb1(m): 7:32am On May 21
Civil Servant must not have a billion naira in his account. Civil servant don suffer

8 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by SLAP44: 7:33am On May 21
These are garnished lies from the incompetent government agencies trying hard to fool people into believing that they are working.

No names of the civil servant.

So much for a failed nation.

35 Likes 5 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Theoldguard(m): 7:38am On May 21
And the will say Nigeria is broke

1 Like

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Racoon(m): 8:21am On May 21
shocked This corrupt civil servant gat no name.Trust it is most likely to be a northerner otherwise they would have rushed to make it public.

This is incredibly crazy mehn.So all the TSA, BVN, NIN things remain useless policies? This does not speak well of this nation.

12 Likes 2 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by gambia(m): 8:21am On May 21
Why are you hiding the name ?

1 Like

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Racoon(m): 8:23am On May 21
TheGiftedOne:
BVN is looking like a total waste of time.So many fraudulent deals still thriving despite the introduction of BVN.Everything done in this country is useless.

Biometrics is done for: BVN, NIN, Driver License, Voter's Card, International passport, SIM registration etc but one crime has never been solved using these info in the database.I spit on this country.
In fact, bandits, BH terrorists use service providers SIM cards and networks to make their calls to victims families, upload videos and surf the net on activities to curtail their criminality.Isa Pantami still sits as communication minister? Who is deceiving who?

6 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by StaffofOrayan(m): 8:42am On May 21
How many ordinary civil servants can sign that type of money off govt coffers?
Re: EFCC Recovers Over N1bn Cash From A Civil Servant by LAfricana(m): 8:48am On May 21
.
Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Grace001: 8:49am On May 21
Just wasted my time reading that rubbish. No name of the civil servant just rambling till the end

2 Likes

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by asobo1: 8:57am On May 21
I am very sure the young man heading EFCC will go down the same way as Magu. Media trial as usual.

4 Likes 2 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by oneolajire(m): 8:57am On May 21
Nonsense. Not impressed. We know it is to be re-looted. Where are previous recoveries?

Pls let EFCC recover Nigeria from APC

3 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Offpoint1: 8:57am On May 21
If all looted funds are recover from corrupted Nigerians, it'll be enough to build a new planet.

There's enough money to go round the world, but not enough to satisfy men greed.

We loot and pile up in a life where tomorrow is never promised.

I doubt if humans where created by super perfect intelligent beings as claimed.
How can a super perfect being create such an imperfect beings?

I as humans as a perfectly created robot with a terrible software.

2 Likes

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by fourboys: 8:57am On May 21
Dey go still loot am again sad sad sad

1 Like

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by rocknation62(m): 8:57am On May 21
If Na boys una go don put him name & pictures everywhere!

6 Likes 1 Share

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by ThatFairGuy: 8:58am On May 21
angry
Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Godchosen001: 8:58am On May 21
Na figure we dey hear, they should show us the project efcc or government is doing with the recovered money

3 Likes

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by MANNABBQGRILLS: 8:58am On May 21
ONE Civil Servant : ONE BILLION NAIRA ??

Kuku kee us.......

6 Likes 4 Shares

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by Sultty(m): 8:58am On May 21
agree if Buhari is the biggest mistake of Nigeria

3 Likes

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by melaniaup: 8:58am On May 21
And a fake civil servants, but on a contrary so a civil servant can't have billions In his account

1 Like

Re: EFCC Recovers Over N1bn Cash From A Civil Servant by MANNABBQGRILLS: 8:58am On May 21
Children of hate, frustrations and perdition.
AKA Criminals and fraudsters,
AKA, supporters of looters and thieves are you reading this ?!

(Quote this post if you are one of them, let's make you popular for today!)

God punish all criminals in this nation.

franklingud:
EFCC allow person rest joor!

You people won't arrest those poli-thief-cians embezzling and bamboozling our money on a daily and monthly basis.

Yeye people!
Why not shut up if you have nothing reasonable to type?
Must you comment?

Sojated32:
Ha, na wa
U sef say Haaaaaaaaaaaa shocked
No be small stealing be this o

4 Likes 3 Shares

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