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What we do with recovered funds – EFCC

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The Economic and Financial Crimes Commission, EFCC, says all looted funds recovered by it are paid into the consolidated revenue account of the Federal Government.

The commission made this known on its Twitter handle, @officialefcc in response to a question from one of its followers.

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In a tweet to the commission through the handle @asantoo11a, the follower had asked; “When are we sharing our recovered looted money’’.

“Recovered funds are paid into the consolidated revenue account of the Federal Government,’’ it tweeted in reply.

Some Nigerians have raised questions about where crime proceeds recovered by the commission are kept.

The EFCC also said there was no hiding place for looters, including those who travel abroad to evade the arm of the law.

The Economic and Financial Crimes Commission, EFCC, says all looted funds recovered by it are paid into the consolidated revenue account of the Federal Government.

The commission made this known on its Twitter handle, @officialefcc in response to a question from one of its followers.

In a tweet to the commission through the handle @asantoo11a, the follower had asked; “When are we sharing our recovered looted money’’.

“Recovered funds are paid into the consolidated revenue account of the Federal Government,’’ it tweeted in reply.

Some Nigerians have raised questions about where crime proceeds recovered by the commission are kept.

The EFCC also said there was no hiding place for looters, including those who travel abroad to evade the arm of the law.

website maintenance and social media management

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