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Home National After Sacking 27 Officials Over Fraud, EFCC Loses Over $350,000, Jewelries
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After Sacking 27 Officials Over Fraud, EFCC Loses Over $350,000, Jewelries

By
Prnigeria
-
January 8, 2025
EFCC Nigeria

After Sacking 27 Officials Over Fraud, EFCC Loses Over $350,000, Jewelleries 

In a troubling turn of events, the Economic and Financial Crimes Commission (EFCC) is now grappling with a major scandal involving the disappearance of substantial amounts of cash and valuables from its Lagos Zonal Command.

Credible sources told PRNigeria that between $350,000 and $400,000 has reportedly gone missing, along with expensive jewelry and other high-value items.

This disturbing revelation comes just days after the EFCC dismissed 27 of its officials due to misconduct and fraudulent activities, a move that has raised questions about accountability and oversight within the agency.

The dismissals, announced on Monday, followed recommendations made by the EFCC Staff Disciplinary Committee and were subsequently ratified by the commission’s Chairman, Ola Olukoyede.

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While the investigation into the missing funds is already underway, the EFCC finds itself in a precarious position as it seeks to restore public trust. The agency, which has long been regarded as the frontline warrior against financial crimes, is now facing scrutiny for alleged lapses in its internal controls.

As of the time of this report, efforts to reach the EFCC’s spokesperson, Dele Oyewale, for comments on this latest debacle have been unsuccessful. The absence of an official response raises further concerns about transparency and the agency’s commitment to addressing allegations of misconduct.

As the investigation unfolds, many are left wondering what measures will be taken to prevent future incidents and restore faith in an agency tasked with combating corruption. This latest scandal serves as a stark reminder of the challenges facing the EFCC in its mission to uphold integrity and accountability in Nigeria’s financial system.

By PRNigeria

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Northern Leaders Urge Action on Almajiri Crisis, Equitable Resources at Arewa Summit in KadunaArmy Denies Allegations of Misconduct in Imo CommunityTroops Repel Bandit Attacks in Katsina, Plateau, Recover Rustled Cattle, Sustain CasualtiesNavy Destroys 10 Illegal Refineries in Niger DeltaJUST IN: Tinubu Extends Tenure of Customs CG Bashir AdeniyiAI-generated disinformation looms ahead of Nigeria’s 2027 electionsTroops Kill Bandit, Seize Weapons Cache in Benue Gun BattlePRNigeria Fact Check: Does Delayed Baby Umbilical Cord Clamping Have Health Benefits? Kaduna-Kano Light Rail Underway as FG Targets ₦70bn InvestmentBeyond Hoes and Sticks: The Power of Education for Peace in ArewaNigerian Air Force Welcomes 30 New Helicopter Pilots, Commissions Upgraded FacilitiesFG Pledges Stronger Support for Blood Services, Seeks Scalable Interventions from NBSATinubu's Government Unveils Multi-Sectoral Initiatives to Boost Northern Region's DevelopmentFG Redesigns Agricultural Curriculum to Empower YouthFG Secures China Funding to Fast-Track Kaduna–Kano Rail Completion
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