The Economic and Financial Crimes Commission, EFCC, has refuted claims that it distributed forfeited assets among its officials, ministers, and aides of President Bola Tinubu.
In response to an online article alleging that EFCC shared N54 billion forfeited by individuals linked to former Central Bank of Nigeria governor, Godwin Emefiele, the commission dismissed the report as false.
EFCC’s spokesperson, Dele Oyewale, clarified that the idea of sharing proceeds of forfeited assets was unfamiliar to the commission and branded the report as a product of ignorance and mischief.
Dismissing the sensational report, EFCC stated: “No official of the Commission has ever engaged in the distribution of forfeited assets. The concept of sharing such proceeds is alien to the Commission.”
“The exaggerated report aimed at smearing the mentioned agencies displays the author’s lack of understanding of the current asset recovery and management framework.”
“Both the EFCC Act of 2004 and the Proceeds of Crime (Recovery and Management) Act of 2022 clearly stipulate the designated accounts for deposits of forfeited assets.”
“There is no mechanism for the distribution of forfeited assets, as the concept itself is nonsensical.”