The Economic and Financial Crimes Commission (EFCC) says it recovered N364.5bn and $326.5m crime proceeds between 2023 and 2024. The commission said the recoveries, which it described as unprecedented, were complemented by extensive monitoring of government intervention funds, including the PL-CNG scheme, NG-CARES, NACA Global Fund, SESET, AMCON loans, and various Central Bank of Nigeria…
A financial audit firm, OOM Professional Services, has flagged discrepancies totalling about N101.17bn in revenue remittances by the Nigeria Customs Service, prompting the Federation Account Allocation Committee (FAAC) to demand a full recovery and redistribution of the funds to the appropriate beneficiaries. According to a FAAC Post Mortem Sub-Committee document obtained by our correspondent from…
The Kano State Police Command has returned the sum of N4,850,000 recovered ransom paid in a recent kidnapping incident to its rightful owner. A statement by the Police Public Relations Officer (PPRO) of the Command, SP Abdullahi Kiyawa said the victim, a resident of Zakirai Town in Gabasawa local government area, was abducted on March…
