Reps Frown At Loopholes In Report Presented By EFCC

26 May 2021 By Aisha Adesanya

The House of Representatives adhoc Committee on assessment and status of all recovered loots, movable and immovable assets from 2002 to 2020 has disagreed with the Chairman Economic and Financial Crimes Commission (EFCC) over loopholes discovered in the reports summited by the commission which seems to be at variance with the report submitted by the Nigerian Navy.

The Chairman of the committee Adejoro Adeogun from ogun state raised concerns over the discrepancies noticed in the documents submitted by the Nigerian Navy which showed that forty eight vessels and twelve baggages were handed over to the EFCC, whereas only thirty six vessels and one baggage reflected in the documents submitted by EFCC to the committee.

The Committee had earlier engaged the Nigerian Navy representative, Abraham Adaji who disclosed that the Nigerian Army handed over forty eight vessels and twelve baggages to the EFCC.

The lawmaker also asked the EFCC boss to clarify a three million naira transfer made to an entity which could not be accounted for as well.

Responding the EFCC chairman Abdulraheed Bawa explained that he was barely hundred days in office hence would not be able to take responsibility for the discrepancies.

Similarly, the Independent Corrupt Practices Commission (ICPC) was also tackled for claiming not to have knowledge or hint of monies debited from the recovered loots account.

The ICPC boss Bolaji Owasanoye who explained that the system was not efficient as such monies can be debited from the accounts without his knowledge however said only the federal government has access to make withdrawals.

He also revealed that since inception the sum of seven point one billion naira has passed through the recovery account cumulatively, while five billion naira has been withdrawn by the federal government leaving a balance of two point one billion awaiting approval of final forfeiture.

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