Dec 9, 2021

Mawazo Writing Africa

Writing about the main

EFCC Returns N19.3bn Kogi Salary Bailout ‘Hidden’ in Bank to CBN

  • The EFCC said the N19.3 billion bailout fund allegedly hidden by the Kogi state government has been returned to the CBN
  • The agency had previously accused the Kogi government of putting the money to pay the workers’ salaries into an interest-bearing account
  • The EFCC spokesman said the receipt was confirmed The rejection of the government of Kogi state that no money was withdrawn from their bailout account

FCT, Abuja – The Economics and The Financial Crimes Commission (EFCC) says it returned N 19.3 billion bailouts allegedly hidden by the Kogi State government to the Central Bank of Nigeria (CBN).

Remember The Anti-Graft Agency had previously stated that the money was used to pay the The government employees’ salaries were intended to be held in an interest account at a Sterling Bank.

The Kogi State government, however, denied hiding the money.

CBN confirms receipt of N19.3 billion

The agency said the development had taken place “The campaign of misinformation and unscrupulous denial by the Kogi state government that no money was returned from their bailout” suspended account. “

Return under court order

The EFCC also stated that the return of the money to the Apex Bank in accordance with a Court ruling issued to thaw the Kogi State salary rescue account so the bank can transfer the balance on the account to the CBN.

The commission said it had told the court that the management of Sterling Bank Plc, where the account was located, had confirmed the existence of said N 19.3 billion account.

It also stated that the Lawsuit against the government of the state of Kogi closed and the account closed so that the bank can transfer / return the money to the CBN cash desk, where said rescue funds were paid out.

The EFCC said:

” The broadcast resolved any further controversy regarding the origin and ownership of the funds and, most importantly, canceled the absorption of the funds. “

Nigerians respond to Facebook

Ojengbede Abdulkabir commented:

“Praise be to Allah. This is one of the results that will make Nigerians happy. Fight corruption without keeping some sacred cows. Immediate justice makes condemnation of corrupt politicians useful to the masses. “

Daniel Adukwu said:

” Weldon EFCC, but a refund shouldn’t stop prosecutors . The fixing of said amount to Sterling Bank is a crime against the purpose of payout and humanity.

“Some officials in Kogi state have committed suicide for unpaid salaries, which is why EFCC should not be at this level stop. “

Don Reubs Daniel said:

” Mr. Bawa and his team are working really hard to disinfect the land from looters in power! How much I wish to work with you guys ..

“More grace for you all at the EFCC !!”

Kadiri Aloye said:

“EFCC should pursue those politicians who want to use common people’s salaries for elections ….”

Vincent Bendito Solomon said:

“When are you going to visit the state of Abia? It looks like this state is not getting a federal allocation. Please visit and review all the previous governors have done with the state money. I wonder how they manage to move about freely after their actions have resulted in the deaths of many. “

Identify the owner of” lack of money “, Governor Bello challenges the EFCC < / h2>

Meanwhile, Kogi State Governor Yahaya Bello called on the EFCC on Sunday October 17 to disclose the owner of the N19.3 billion rescue fund. < / p>

The governor made the statement after the EFCC announced the withdrawal of the lawsuit against the state.

In a statement of Kogi State Information and Communication Commissioner Kingsley Fanwo, the governor alleged that the Anti-Transplant Agency was hiding some facts that were important to the public.