Kogi to Nigerians: Ask EFCC in Whose Custody it Found its ‘Missing’ Money

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

*Demands investigation report The Kogi State Government yesterday dared the Economic and Financial Crimes Commission (EFCC) to come out with the report of its investigations on the purported N20 bi…

The Kogi State Government yesterday dared the Economic and Financial Crimes Commission to come out with the report of its investigations on the purported N20 billion bailout funds over which a Lagos High Court reportedly froze the state’s account in August.

To this end, in the statement signed by the Commissioner for Information and Communication, Kingsley Fanwo, the state government accused the EFCC of hiding inalienable facts and embarking on a face-saving mission with its statement on the withdrawal. It also asked Nigerians to ask the EFCC in whose custody it found a part of the bailout fund said to have been dissipated.

According to him, citizens of Kogi State and indeed Nigerians at large should rather ask the EFCC to publish on its official platforms the report of its investigation as to the ownership of the said sum of N19,333,333,333.36 and the whereabouts of the sum of N666,666,666.64, which they alleged had been dissipated.

“Nigerians would want to know if the EFCC has found the money, if so, in whose custody was it found? Have charges been preferred against the custodian of the said funds.“We have as of October 2019 fully disbursed our bailout funds and are already religiously repaying the loan to Sterling Bank Plc,” the state clarified.

The state government had, as revealed in freshly published documents, sought further clarifications from Sterling Bank to drive home its innocence in the matter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Who is telling the truth now ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

N20bn Bailout Fund: Kogi Govt Demands Apology From EFCCKogi State government has demanded an apology from the Economic and Financial Crimes Commission, EFCC, for “embarrassing” the state by dragging it to
Source: LeadershipNGA - 🏆 4. / 77 Read more »

N20bn bailout fund: Make your findings public, Kogi dares EFCCThe Kogi Government has dared the Economic and Financial Crimes Commission (EFCC) to make public, report of its investigations on the purported N20 billion bailout
Source: vanguardngrnews - 🏆 5. / 75 Read more »

N20bn bailout fund: Make your findings public, Kogi tells EFCCThe Kogi Government has dared EFCC to make public, report of its investigations on the purported N20 billion bailout fund fraud.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Fire razes Kogi market, destroys property worth millionsAn early morning fire has reportedly destroyed property worth millions of naira at Itobe Market of Ofu Local Government in Kogi State.
Source: MobilePunch - 🏆 8. / 63 Read more »

Kogi bailout: Outcry as bank returns N20bn allegedly 'fixed' by State govt to CBNPolitical analyst in Kogi State have knocked the state government for forfeiting the sum of N19, 333,333,333.36 to the central bank of Nigeria. The money Wahala
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Fire destroys goods in Kogi market - Punch NewspapersThe most widely read newspaper in Nigeria 💔
Source: MobilePunch - 🏆 8. / 63 Read more »