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Ministries, Agencies Use Consultants, BOT, PPP To Steal Money – EFCC Boss

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Yahoo Boys: Stop Aiding Internet Fraudsters Or Face 5 Years In Jail – EFCC Warns Hotel Owners

Chairman, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has revealed the tactics Ministries, Departments and Agencies (MDAs) use to steal money.

Bawa made the disclosure when he received the Chairman, Fiscal Responsibility Commission (FRC) Victor Muruako and his team at the EFCC headquarters in Jabi, Abuja.

He said, “There are a lot of leakages. Pay a special attention to consultants; all these Build, Operate and Transfer, BOT; all these Public Private Partnerships (PPP). There is a lot of corruption embodiments behind the scene deals”.

Read Also: EFCC to Go after Petroleum Smugglers, Says it’s Economic Crime

It could be recalled Bawa recently revealed that since the resumption of his tenure, the commission has recovered $161 million, N6 billion, and 13,000 pounds illegally acquired by suspected criminals.

According to the EFCC Boss, he will be supervising the prosecution of 800 cybercrime cases in various courts.

He said the commission will work with the FRC to block budget leakages and recover operating surpluses withheld by government parastatals.

Bawa decried the antics of some agencies that consistently undercut government in terms of revenue remittance.

The anti-corruption chief advised the FRC to focus on the activities of consultants used by MDAs “to siphon government funds”.

Bawa assured Muruako that the EFCC will help the FRC achieve its objective of securing Nigeria from all forms of economic and financial crimes.

The chairman also promised training support to boost the professionalism of FRC staff.

Bawa added that EFCC knows the importance of the fiscal commission and the amount of information at its disposal.

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