Saturday 27th May, 2017
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Corruption: Senate orders EFCC to go after CBN, MDAs

Corruption: Senate orders EFCC to go after CBN, MDAs

The Senate on Monday alleged mass looting and stealing of public funds by both serving and past officials and ordered the Economic and Financial Crimes Commission (EFCC) to beam its searchlight on the Central Bank of Nigeria (CBN) Minis­tries, Depart-ments and Agencies (MDAs) to pros-ecute the offend­ers.
This was even as it lambasted the anti-graft agency for abuse of service –wide votes in funding its operations during the 2016 fiscal year.
The senate’s directives to the Commission was made by its Commit­tee on Anti-Corruption and Financial Crimes during the appear-ance of the EFCC Acting Chairman, Ibrahim Magu and other top of­ficials before it for 2017 budget defence session.
The Committee specifically urged the EFCC to go after serv­ing Directors, Perma­nent Secretaries, pro­curement officials and others within the Min­is-tries, Departments and Agencies of gov­ernment noted for all antics of looting along with those who had re-tired, just to bring them to book.
It said the monu­mental stealing of gov­ernment monies by of­ficials has been partly responsible to the cur­rent recession bedevil­ling the country.
Senator Isa Misau (APC Bauchi Cen-tral) who was the first to sen­sitise the EFCC against looting by government officials, expressed sur­prise on how a former NNPC Group Manag­ing Direc-tor, Mr An­drew Yakubu, could own up to stock-piling some foreign curren-cies; $9.7 million, £74, 000 and some huge amount of Naira in a private residence.

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