The Economic and Financial Crimes Commission (EFCC) has handed over N3.9 billion recovered proceeds of fraud to the Nigerian National Petroleum Company Limited (NNPCL).
The presentation was made at the EFCC headquarters in Abuja, with Mohammed Hammajoda, Secretary to the Commission, representing EFCC Chairman Ola Olukoyede.
The funds were recovered through investigations that uncovered fraudulent engagements by some actors in the NNPCL.
Mumuni Dagazau, Executive Vice President, Downstream, NNPCL, thanked the EFCC for its assistance, saying it shows the core unity in the system.
This recovery is part of the EFCC’s ongoing efforts to clamp down on corruption and financial crimes in Nigeria.
Earlier this year, the EFCC arraigned two suspects for their alleged involvement in a N600 million job fraud linked to the NNPCL.
The NNPCL has been facing controversy over fund accountability, with the Senate demanding accountability for N210 trillion flagged in the 2017-2023 audit report.
The EFCC has also recovered over N5 billion and $10 million from contractors and government officials implicated in fraudulent activities linked to the turnaround maintenance of Nigeria’s refineries.
