By Chika Otuchikere
The Minister of Finance, Mrs. Kemi Adeosun, has reacted to controversy generated by a letter she wrote to the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.
The minister’s letter to Magu titled: a�?Summary of EFCC Recoveries from May 2015 to January 2018a�?, dated 9th February, read in part: “This is to notify you of the records of cash assets recoveries in the custody of the EFCC from May 2015 till date based on information available to the Office of the Accountant-General of the Federation.
“It has, however, come to the attention of the Ministry of Finance of recovery figures by the EFCC that do not reconcile with the records of the ministry.”
Adeosun, in a statement signed by her spokesman, Mr. Oluyinka Akintunde, on Sunday, said that there was no ulterior motive in her letter to the EFCC boss.
According to her, the letter dated 9th February, 2018, was a standard letter aimed at improving controls over the recovered funds.
In her words, a�?there is no ulterior motive behind the letter as alleged in some media reports but to enable the reconciliation and harmonisation of the figures on recovered funds by the Government.
In an update version of the statement, the minister said: “For the avoidance of doubt, the EFCC has subsequently provided the requested information and reconciliation is ongoing.a�?
News Extra: Why I wrote EFCC on recovered loot, by Adeosun
