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Wednesday, 12 November 2014

EFCC Recovers N5b Stolen Oil Subsidy Money


The Economic and Financial Crimes Commission (EFCC) says it has recovered over five billion naira stolen oil subsidy money, while more than forty suspects are currently being prosecuted for the unholy act.

Chairman of the agency, Ibrahim Lamorde disclosed this in Enugu during a workshop organized for Journalists in the South East zone held in Enugu.
 
The commission boss, also revealed that the commission was investigating a case of fraud in an old generation bank in Port Harcourt, where a customer, working with his wife who is a banker with a new generation bank, defrauded the bank of N855 million.

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