Home News EFCC Reopens Fraud Cases Involving Former Governors and Ministers Worth N853.8bn
NewsPolitics

EFCC Reopens Fraud Cases Involving Former Governors and Ministers Worth N853.8bn

540

The chairman is reviewing all high-profile cases, and he has ordered the investigators not to treat anyone differently, especially politically exposed persons, such as former governors and ministers, who were indicted for money laundering, a source revealed.

The Economic and Financial Crimes Commission (EFCC) is reopening fraud cases involving thirteen former governors and ministers, totalling over N853.8 billion. Investigations focus on a minimum of N772.2 billion, with ongoing scrutiny into the alleged N81.6 billion misappropriation in the Ministry of Humanitarian Affairs.

Notable cases include the $2.2 billion arms procurement funds, implicating figures like Sambo Dasuki and Raymond Dokpesi. Former governors Fayemi, Fayose, Matawalle, Nnamani, Chime, Adamu, Kwankwaso, Odili, Orji, Goje, Wamako, Sylva, and Lamido are among those involved.

EFCC Chairman Ola Olukoyede is overseeing a comprehensive review, emphasizing impartiality in treating politically exposed individuals indicted for money laundering.

Read more: AFCON 2023: Super Eagles Held to a 1-1 Draw

About The Author

Written by
Ikenna Churchill

Culture storyteller

Related Articles

Nigeria’s External borrowing
FinanceNews

Tinubu Government Delays Release of Signed Tax Acts to the Public

Four days after President Bola Tinubu announced the signing of four tax...

one-party state in Tinubu's administration
News

As Tinubu Urges Africa-Caribbean Unity in Saint Lucia, Over 272 Nigerians Killed in June Alone

While Nigerians deal with deadly violence, worsening hunger, and mass flooding, President...

BusinessNews

You Can’t Tax a Dead Economy: Nigeria Is Suffocating Under Its Own Policies

As Nigeria’s Central Bank clings to its benchmark interest rate of 27.5...

News

“Wike is Not a Blessing to Us, He’s a Disaster” — Workers Protest in Nigeria’s Capital Over Unpaid Wages, Poor Working Conditions

Staff members of the Federal Capital Territory Administration (FCTA) in Abuja barricaded...