What We Always Do With Recovered Loots - EFCC - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › What We Always Do With Recovered Loots - EFCC (57906 Views)
| What We Always Do With Recovered Loots - EFCC by harbdulrasaq88(op): 12:17pm On Feb 11, 2017 |
The Economic and Financial Crimes Commission (EFCC) has revealed that recovered monies are paid into the Consolidated Revenue Fund of the Federal Government. The Anti-graft agency stated this in response to a question via its twitter handle @OfficialEFCC on Saturday. Recall that the Economic and Financial Crimes Commission (EFCC) recovered the sums of $9.8m and £74, 000 in former group managing director (GMD) of the Nigeria National Petroleum Corporation (NNPC), Andrew Yakubu's house in Kaduna. The handler said: “After the law takes its course, recovered monies are paid into the Consolidated Revenue Fund of the Federal Government”. "Our job is to investigate and prosecute. Recovered monies are paid into the Consolidated Revenue Account of the FG". Consolidated revenue account is government's purse in which all government receipts are paid into and expenditure allocated from this account and is usually estimated in the constitution. The response was immediately retweeted by @AbikeDabiri, the Special Adviser to President Muhammadu Buhari on foreign affairs. http://www.newshelm.com/2017/02/what-we-always-do-with-recovered-loots.html 5 Likes 2 Shares
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| Re: What We Always Do With Recovered Loots - EFCC by Nogodye(m): 12:19pm On Feb 11, 2017 |
Atleast they are fair...wait! no be that comedian tweeted those tweets  he dey serious once in a while sha 63 Likes 2 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by Nobody: 12:20pm On Feb 11, 2017 |
After paying the money into Buhari's single treasury account what next?? because it doesn't look like any loot is being recovered at all. 151 Likes 7 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by DoyenExchange: 12:23pm On Feb 11, 2017 |
Ok.  . |
| Re: What We Always Do With Recovered Loots - EFCC by bkool7(m): 12:29pm On Feb 11, 2017 |
lofty900:you ppl jus dont giv up 110 Likes 5 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by Chikelue2000(m): 12:45pm On Feb 11, 2017 |
All dis money wey FG de recover, recession should be over by now. FG owes us all explanations 69 Likes 2 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by babfet(m): 1:01pm On Feb 11, 2017 |
Sebi 9ja na our Father land I beg make den give me my own part of the money no help me save @effc I need am now now 15 Likes 2 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by Escalze(m): 1:04pm On Feb 11, 2017 |
God Abeg just grant my visa request please 94 Likes 7 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by Emycord: 1:09pm On Feb 11, 2017 |
Simple they just re-loot it 68 Likes 8 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by Eazybay(m): 1:21pm On Feb 11, 2017 |
Well, d law taking its course is wea d prob lies.. Its just difficult 4 dem to prove diz cases beyond reasonable doubt 2 Likes |
| Re: What We Always Do With Recovered Loots - EFCC by Bevista: 1:30pm On Feb 11, 2017*. Modified: 9:04pm On Feb 11, 2017 |
Chikelue2000:Unfortunately, this narrative has been going on for sometime now. I really don't know if this is a product of ignorance or just a way of discrediting the efforts of the administration. --- If I may ask, how much has been recovered and how far can that solve Nigeria's problems? The FG gave aggregate bailout funds of over N500B to the states, yet that did not even scratch the problem. FG even gave another round of funds (over N500B) to states as refunds from debts over-deductions, yet it still looks like nothing is happening. --- The fact is that most of us have no inkling about the enormity of the challenges facing the country. Sink N20Trillion into this economy today, and I can assure you we will still not make much progress (come to think of it, N20T is just equivalent to South Africa's annual budget). This country (economy) is suffering from decades of "Rape" and neglect. --- The recovered funds is less than N200B and yet we keep talking about the FG not needing to borrow, or how it should end recession. For some reasons, you lot say nothing about how the actions of these looters progressively led to this economic state. 162 Likes 24 Shares |
| Re: What We Always Do With Recovered Loots - EFCC by philtex(m): 3:49pm On Feb 11, 2017 |
Criminals.  |
| Re: What We Always Do With Recovered Loots - EFCC by Originality007: 3:49pm On Feb 11, 2017 |
g 1 Like |
| Re: What We Always Do With Recovered Loots - EFCC by kolnel: 3:50pm On Feb 11, 2017 |
And we yet to see the dividends The hunger for the land no get part 2 3 Likes 1 Share |
| Re: What We Always Do With Recovered Loots - EFCC by u11ae1013: 3:50pm On Feb 11, 2017 |
mtchewww |
| Re: What We Always Do With Recovered Loots - EFCC by Nobody: 3:50pm On Feb 11, 2017 |
Bevista: 6 Likes 1 Share |
| Re: What We Always Do With Recovered Loots - EFCC by efilefun(m): 3:50pm On Feb 11, 2017 |
That dude deserves an award wished all government agencies will relate with the public like that Nogodye: 5 Likes |
| Re: What We Always Do With Recovered Loots - EFCC by ffrreeee(f): 3:50pm On Feb 11, 2017 |
All the money that have been recovered are not enough to make any change in Nigeria. But if 90% of looted money is recovered, then we can experience some changes, but don't expect anything tangible from all these little money recovered so far, Nigeria's problem is way more than that. Only God can solve Nigeria's problem 9 Likes 1 Share |
| Re: What We Always Do With Recovered Loots - EFCC by pennywys(m): 3:51pm On Feb 11, 2017 |
Its from there buhari tour around the universe, and now his health bill. In the end buhari will give account of all he spent. |
| Re: What We Always Do With Recovered Loots - EFCC by amdo007(m): 3:51pm On Feb 11, 2017 |
j |
| Re: What We Always Do With Recovered Loots - EFCC by LRNZH(m): 3:51pm On Feb 11, 2017*. Modified: 9:43pm On Feb 11, 2017 |
Bevista:Thank you for enlightening darkness. 38 Likes |
| Re: What We Always Do With Recovered Loots - EFCC by Danny287(m): 3:52pm On Feb 11, 2017 |
Mtchwwww next please |
| Re: What We Always Do With Recovered Loots - EFCC by DESTINY41(m): 3:52pm On Feb 11, 2017 |
In pato's voice.* NAH SO MONEY DEY CHANGE |
| Re: What We Always Do With Recovered Loots - EFCC by yinkson(m): 3:52pm On Feb 11, 2017 |
When will EFCC collect the stolen funds from that former petroleum minister? That one alone is enough for the 2017 budget 3 Likes |
| Re: What We Always Do With Recovered Loots - EFCC by Nobody: 3:53pm On Feb 11, 2017 |
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| Re: What We Always Do With Recovered Loots - EFCC by policy12: 3:53pm On Feb 11, 2017 |
Yet hunger dey naija... 7 Likes
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| Re: What We Always Do With Recovered Loots - EFCC by Mayor38(m): 3:54pm On Feb 11, 2017 |
Catching space since 1900 |
| Re: What We Always Do With Recovered Loots - EFCC by snadguy007(m): 3:54pm On Feb 11, 2017 |
My gtb account is available incase their account reaches its limit 2 Likes 1 Share |
| Re: What We Always Do With Recovered Loots - EFCC by dyabman(m): 3:54pm On Feb 11, 2017 |
Have been curious to find out .. mai go read  rubbish .. wtf is consolidated account ?? |
| Re: What We Always Do With Recovered Loots - EFCC by DLondonboiy: 3:54pm On Feb 11, 2017 |
Looted funds that would be relooted? Stupid country useless people!! |
| Re: What We Always Do With Recovered Loots - EFCC by petkoffdrake2(m): 3:54pm On Feb 11, 2017 |
bkool7:But its true sir! Is it when everyone die of hunger that 1naira will b equal to a dollar?? 2 Likes |
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