FG probes EFCC, ICPC, Pensions over 1.3 thrillion revenue

The federal government has resolved to trace the whereabouts of the over N1.3trillion said to have been recovered from treasury looters by the Economic and Financial Crimes Commission (EFCC).

Also to be investigated is the whereabouts of the N80billion and assets seized from corrupt public officers by the Independent Corrupt Practices and Other Related Offences
and Commission (ICPC) and Pension Reform Task Team (PRTT).

It has consequently raised three committees to find the money.

The committees were constituted by the Attorney- General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN),

Specifically, the panels will find out what became of the   assets and cash recovered from the late Bayelsa State Governor, Chief Diepreye Alamieyeseigha, one time Inspector-General of Police, Mr. Tafa Balogun, and pension thieves.

Well placed sources said the panels are expected to reconcile the records of the EFCC, ICPC and the Pension Task Force in arriving at their conclusions.

According to one of the sources, the presidency opted for the committees to enable it have a “true picture of the recovery records of the anti-graft agencies.”