THE Economic and Financial Crimes Commission – EFCC, has recovered N27.2 billion and $19.1million in the course of the ongoing investigations embarked upon by the agency this year so far.
Acting Executive Chairman of the EFCC, Abdukarim Chukkol, said this during an interaction with journalists in Lagos on Wednesday, that the anti-graft agency has also launched vigorous investigation into the financial dealings of former governors, ministers and officials of the Ministries, Departments and Agencies – MDA.
Chukko, who was represented by the spokesman of EFCC, Dele Oyewale, said, also disclosed that the agency has commenced investigations into the monumental fraud involving some officials of the Federal Ministry of Power and Agriculture with respect to Mambilla and Zungeru Power projects and has recovered properties purchased by officials of the ministries.
“Investigations are ongoing on those petitions. Details of their involvement and our investigations will soon be made public. So far, in three different cases, the commission has recovered N27,184,357,524.52 and $19,084,419.33. Also, investigations are ongoing in respect of monumental fraud involving some officials of the Federal Ministry of Power and Agriculture.
“Funds meant for the Mambilla and Zungeru Power projects were diverted through sundry Bureau de Change operators. For now, several houses purchased with the funds in Abuja, Lagos, and Cross River State have been recovered,” he said.