x

EFCC Recovers N1bn From Civil Servant — Bawa

The Economic and Financial Crimes Commission (EFCC), on Thursday, said it has recovered over N1 billion from a civil servant.

The Chairman of the anti-graft agency, Abdulrasheed Bawa, disclosed this while appearing before the Senate Committee on Finance investigating the Internally Generated Revenue (IGR) of government agencies and payment of 1% stamp duty by contractors on all contracts awarded by MDAs between 2014- 2020.

There was, however, no mention of the name of the individual civil servant.

“There are a lot of leakages we need to block, it is not about generating revenue. we have recovered over a billion from civil servant sitting in an account last week,” Bawa told the Senate panel.

He, however, applauded the committee for its investigations, saying “After observing the proceedings and the process of investigation of the committee, I am happy with what is happening here. It is a good development that the committee is working towards blocking revenue leakages.

“At this point in the nation’s history, it is not only about generating revenue but also blocking leakages of revenue generated and still being generated by all these agencies of government,” he said.

Bawa said the EFCC would be willing to get the report of the committee upon completion of the investigation for further action.

Hot this week

PTDF Says New Kaduna Petroleum College Will Reduce Overseas Scholarship Costs

The Petroleum Technology Development Fund (PTDF) says the establishment...

Akwa Ibom Assembly Passes Mental Health Bill to Reform Care Services

The Akwa Ibom State House of Assembly has passed...

VeryDarkMan Claims DSS Contact Over Alleged Protest Plot, Criticises Tinubu Administration

Nigerian social commentator Martins Otse, popularly known as VeryDarkMan,...

ADC Crisis Deepens as Gombe-Led Faction Protests at INEC Headquarters

The leadership crisis within the African Democratic Congress (ADC)...

IMF Plans Up to $50bn Support for Economies Hit by Middle East Conflict

The International Monetary Fund (IMF) says it may provide...

UNIJOS Confirms Death of Two Students in Jos Violence

The Vice-Chancellor of the University of Jos, Tanko Ishaya,...

EFCC Arrests Alleged Fake Football Agent Over N11m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

KEDCO Commissions 11kV Feeder to Boost Industrial Power Supply in Kano

The Kano Electricity Distribution Company (KEDCO) has commissioned an...

Delta Government Highlights Infrastructure Push as Driver of Growth and Stability

The Delta State Government says its ongoing infrastructure development...

Delta Partners Energy Firms to Improve Power Supply, Targets Expanded Electricity Access

Delta State Governor Sheriff Oborevwori has reaffirmed plans to...

Related Articles

Popular Categories

spot_imgspot_img