• Latest
  • Trending
EFCC arrest two with 81,700 counterfeit dollar notes

EFCC denies diverting N54b forfeited funds to ministers, aides, officials

August 22, 2024
Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026
Nigerian Pilgrim Dies In Makkah

2027 Hajj: Nigeria Gets Additional 10,000 Slots From Saudi Arabia

October 2, 2026
Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

October 2, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Phyna Knocks Out Nkechi Blessing In Historic Celebrity Boxing Bout

Phyna Knocks Out Nkechi Blessing In Historic Celebrity Boxing Bout

October 2, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Court Bars Akuns From Parading As NDC Guber Candidate In Plateau

October 2, 2026
Ogun APC Disowns Hunye, Reaffirms Adeola 2027 Guber Candidate

APC Reinstates Kebbi Chairman After Suspension

October 2, 2026
Katsina: Troops Rescue 5 Abducted Women, Baby

Katsina: Troops Rescue 5 Abducted Women, Baby

October 2, 2026
ADVERTISEMENT
  • Privacy Policy
    • Home
      • Contact Us
  • Advert Rates
Friday, October 2, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result
Home News

EFCC denies diverting N54b forfeited funds to ministers, aides, officials

by Present Nigeria
August 22, 2024
in News
0
EFCC arrest two with 81,700 counterfeit dollar notes
31
SHARES
62
VIEWS
FacebookTwitterWhatsappTelegram

The Economic and Financial Crimes Commission (EFCC) has categorically debunked and discredited a report disseminated by Sahara Reporters, which alleged that a staggering sum of N54 billion, forfeited by certain associates of the erstwhile Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, was illicitly “shared” amongst ministers and aides of President Bola Tinubu, in collusion with officials of the EFCC.

In a formal statement on Wednesday , August 21, 2024, the anti-graft agency asserted that no official of the Commission has ever been involved in the “sharing” of any proceeds derived from forfeited assets.

RelatedPosts

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

UK Swears In New Attorney, Solicitor General

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

The EFCC vehemently averred that the very notion of “sharing proceeds of forfeited assets” is utterly alien and anathema to the Commission’s operational ethos.

Elaborating on this matter, the EFCC’s spokesman, Dele Oyewale said: “The sensational report which was promoted ostensibly to scandalise the agencies mentioned, betrays the author’s ignorance of the existing asset recovery and management framework. Both the EFCC Act, 2004 and the Proceeds of Crime (Recovery and Management) Act, 2022, are unambiguous in terms of the accounts into which proceeds of forfeited assets are to be paid.”

Oyewale further posited that the concept of a “platform” for the “sharing of forfeited assets” is, in fact, infantile and devoid of any basis in reality.

He challenged Sahara Reporters to provide concrete evidence of when and how this purported “sharing” occurred, and who the beneficiaries were.

Oyewale denounced the report as a egregious example of journalistic irresponsibility, replete with defamatory content, and urged the public to dismiss the falsehoods.

“There is no “platform” for the “sharing of forfeited assets”; the notion itself being infantile. Otherwise, Sahara reporters would not have withheld information about when and how the sharing took place and who got what. The TRUTH is, it simply did not happen!

“Dishing fiction to the public as news is the height of irresponsibility and EFCC will not tolerate any attempt to defame its hard-earned reputation.

“The public is enjoined to trash the lie told by Sahara Reporters.”

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Like this:

Like Loading...

Related

Share12Tweet8SendShareShare2
Previous Post

Abiodun visits Ogun INEC office, condoles with staff over REC’s death

Next Post

Be ready for heavy infrastructural dev- Wike to Abuja residents

Related Posts

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026
Nigerian Pilgrim Dies In Makkah

2027 Hajj: Nigeria Gets Additional 10,000 Slots From Saudi Arabia

October 2, 2026
Next Post
Clampdown On Cultists, Militants- Wike Directs Security Agencies

Be ready for heavy infrastructural dev- Wike to Abuja residents

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026

© 2025 Present Nigeria. All Rights Reserved.

  • Privacy Policy
  • Advert Rates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

%d