Humanitarian Service Breach: EFCC Unveils Fraudulent COVID 19 funds, Abacha’s Loot, World Bank Loan

Humanitarian Service Breach: EFCC Unveils Fraudulent COVID 19 funds, Abacha’s Loot, World Bank Loan

The Economic Financial Crime Commission (EFCC) has announced a humanitarian service breach, stating that the Humanitarian Ministry has been discovered to be involved in fraudulent activities associated with the COVID-19 fund, World Bank Loan, and recovery of Abacha’s Loot.

The Economic Financial Crime Commission further announced that this humanitarian service breach was due to fraudulent activities in the past. It suspended Ministry of Humanitarian Affairs, Disaster Management and Social Development officials.

The EFCC Stated that it has recovered not less than N32.7 billion and $445,000 through investigating the affairs of the Ministry of Humanitarian Affairs, Disaster Management, and Social Development.

Also, See N174 Billion Fraud: Suspended Accountant-General Released From EFCC Custody

The Economic Financial Crime Commission (EFCC) made these discoveries about the humanitarian service breach caused by fraudulent dealings related to COVID-19 funds, Abacha’s Loot, and World Bank loans, which the Federal Government released to them to help sponsor them in their poverty alleviation programmes.

According to the EFCC, “At the outset of the Investigation, past and suspended officers of the Humanitarian Ministry were invited by the Commission, and investigation into the alleged fraud involving them has yielded the recovery of N32.7 billion and $445,000 so far.”

Also Check: Cybercrime Attacks; Meaning, Forms, Types, Reasons And 10 Ways To Protect Yourself

“Discreet Investigations by the EFCC has opened other fraudulent COVID 19 Funds, the Woorld Bank Loan and the Late General Sani Abacha’s recovered loot released to the MInistry by the Federal Government to execute its poverty alleviation programmes.”

“Investigations have also linked several interdicted and suspended officials of the Ministry to the alleged financial malfeasance”, The Commission further stated.