NEWS

EFCC Returns N19.3bn Kogi Salary Bailout ‘Hidden’ in Bank to CBN

0
PROMOTE / MONETIZE YOUR SONG NOW WHATSAPP 08157053556

Jumia Black Friday Teasing Banners

The Economics and Financial Crimes Commission (EFCC) says it has returned the N19.3 billion bailout funds allegedly hidden by the Kogi state government to the Central Bank of Nigeria (CBN).

Recall that the anti-graft agency had earlier stated the money meant for the payment of salaries of the state workers was domiciled in an interest-yielding account with a Sterling Bank

The Kogi state government, however, denied hiding the money.

In a statement released on Friday evening, November 19, by its spokesman, Wilson Uwujaren, the EFCC said the CBN has acknowledged the receipt of the sum of N19.3 billion which it recovered from the Kogi state salary bail-out account domiciled in the bank.

The agency said the development put to rest “the campaign of misinformation and unconscionable denials by the Kogi State Government that no fund was recovered from its bail out account.”

 

iwonpopular
we promote good music and provide genuine gist content

I’ll consider your demand for Nnamdi Kanu’s release — Pres. Buhari tells Igbo leaders

Previous article

“Na Water Spirit” – Relief As DJ Who Got Drowned Is Found After Allegedly Spending 24 Hours Inside the Ocean

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.