Anti-corruption and elections / EFCC

EFCC Gets No Share on Assets Recovered - Magu

Ibrahim Magu, Acting Chairman, Economic and Financial Crimes Commission, EFCC, on Wednesday, April 25, 2018 told the House Committee on Public Accounts and Finance that the Commission does not generate revenue or get any percentage on assets recovered or forfeited to government. “All recoveries by the Commission are paid into the consolidated revenue fund account after due processes had been followed”, he added. Magu made the clarification while responding to issues raised by the committee regarding revenue generation by the Commission as well as assets recovered or forfeited to the government…