Connect with us

Headlines

Advertisements

Kogi Government Disproves EFCC’s Allegation of Money Laundering

Published

on

Photo of Kogi state governor, Yahaya Bello
Spread the love

The Economic and Financial Crimes Commission had accused the Kogi State Government of engaging in money laundering (EFCC).

Kingsley Fanwo, the state’s commissioner for information and communication In a statement released on Thursday in Lokoja, the EFCC, which is headed by Abdulrasheed Bawa, called the accusation as fuel for its campaign of persecution against the administration.

The commissioner’s comment was in response to a news release that was purportedly published on the EFCC website and claimed that they had arrested several people they claimed were involved in the laundering of funds belonging to the Kogi State government.

The statement said that the commission had made it plain through its current claims that it was frantically trying to salvage face following a setback in its N20 billion Sterling Bank media trial.

The commissioner bemoaned the Sterling Bank affair from some time ago, when the Commission rushed to the media before conducting a thorough investigation, and claimed that the EFCC was once more poised to jeopardize itself and its reputation by doing the same when it came to its ongoing persecution of the Kogi government.

Advertisements

READ ALSO: Rights group criticizes Buhari’s assistant over the “scam” of the N89Trn stamp duty and asks the EFCC for intervention

The Commissioner argued that Nigerians should query the EFCC about if their “biased” corruption searchlight was exclusively intended for Kogi State while adamantly stating that no money belonging to the Kogi State Government had been laundered.

The Commissioner observed that the EFCC has a tendency to oppose international organizations’ recognition of the Kogi State Government’s right to due process and financial responsibility.

It specifically referred to the recent honor bestowed to the Kogi State Government by the SFTAS project, which was supported by the World Bank and elevated Kogi above peers in financial accountability.


Spread the love

Obasanjonews24, Nigerian International digital media platform. We cover all trending and significant topics, our job is for truth and empower people with knowledge.

Continue Reading
bitcoin
Bitcoin (BTC) $ 65,307.50
ethereum
Ethereum (ETH) $ 2,937.08
tether
Tether (USDT) $ 1.00
usd-coin
USDC (USDC) $ 0.999908
bnb
BNB (BNB) $ 568.28
xrp
XRP (XRP) $ 0.515385
binance-usd
BUSD (BUSD) $ 0.998203
dogecoin
Dogecoin (DOGE) $ 0.149533
tron
TRON (TRX) $ 0.125237
leo-token
LEO Token (LEO) $ 5.93
shiba-inu
Shiba Inu (SHIB) $ 0.000024
dai
Dai (DAI) $ 1.00
polkadot
Polkadot (DOT) $ 7.03
staked-ether
Lido Staked Ether (STETH) $ 2,935.11
litecoin
Litecoin (LTC) $ 82.36
okb
OKB (OKB) $ 49.53
avalanche-2
Avalanche (AVAX) $ 34.46
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 65,381.52
solana
Solana (SOL) $ 158.86
cardano
Cardano (ADA) $ 0.460365