JUST IN: EFCC returns Kogi’s hidden N19.3bn to CBN- Official
The Economics and Financial Crimes Commission (EFCC) says it has returned the N19.3 billion bailout funds reportedly hidden by the Kogi State Government to the Central Bank of Nigeria (CBN).
The commission had earlier announced that the administration of Governor Yahaya Bello stashed the money in a Sterling Bank account.
Kogi state government had denied hiding the money, accusing EFCC of mischief.
However in a statement on Friday, Wilson Uwujaren, spokesman of the commission, said the money had been transferred to the apex bank.
“The Central Bank of Nigeria, CBN, has acknowledged the receipt of the sum of N19, 333,333,333.36 (Nineteen Billion, Three Hundred and Thirty-three Million, Three Hundred and Thirty-three Thousand, Three Hundred and Thirty-three Naira, Thirty-six Kobo) recovered the EFCC from the Kogi State Salary Bail-out account domiciled in Sterling Bank Plc. This effectively puts to rest the campaign of misinformation and unconscionable denials by the Kogi State Government that no fund was recovered from its bail out account.”
“The apex bank in a letter referenced, DFD/DIR/CON/EXT/01/099 and dated 9th November, 2021 informed the Executive Chairman, EFCC, Abdulrasheed Bawa that it has received the money.
Read Also:N20b Bailout loan: Court grants EFCC’s request to discontinue case against Kogi Govt
“The letter reads in part: “We refer to your letter dated November 5, 2021 with Ref. No: CR:3000/EFCC/LS/CMU/REC-STE/VOL.4/047 on the above subject and wish to confirm the details of the receipt of the amount as stated below: Bank: Sterling Bank Plc; Amount: N19, 333, 333,333.36; Date of receipt: 04 November, 2021”
“The return of the money to the apex bank is in compliance with the October 15, 2021 Order of a Federal High Court sitting in Ikoyi Lagos directing the unfreezing of the Kogi State Salary Bail-out account to enable Sterling Bank to remit the balance in the account to the Central Bank of Nigeria. Justice Chukwujekwu Aneke gave the Order pursuant to an application filed by the EFCC.
“The Commission had told the court that the management of Sterling Bank Plc, where the account was domiciled had acknowledged the existence of the said account with the staggering sum of N19, 333,333,333.36 in its books.
Read Also:Bridge Support Facility : Buhari approves N18.2 bn for each state
“The Commission further brought to the attention of the court that “The sum of N19, 333,333,333.36 is still standing in the credit of the account frozen”, adding that “the management of Sterling Bank PIc, has, pursuant to a letter dated 15 September, 2021, signed by its Managing Director, indicated intention to return the total sum of N19, 333,333,333.36 back to the Central Bank of Nigeria.”
“The transfer has put paid to any further controversy regarding source and ownership of the funds and most importantly, aborted the funds dissipation.
On August 31, 2021, Justice Tijani Garba Ringim, a vacation Judge, had ordered the freezing of the account, following an ex-parte application filed by the EFCC.”
535523 30737I cant say that I completely agree, but then once again Ive never genuinely thought of it quite like that before. Thanks for giving me something to take into consideration when Im supposed to have an empty mind although trying to fall asleep tonight lol.. 493596
760410 926328Really fascinating subject , thanks for putting up. 581522
93475 379934Oh my goodness! a wonderful write-up dude. Thanks a great deal Nonetheless We are experiencing trouble with ur rss . Do not know why Not able to sign up to it. Maybe there is anybody acquiring identical rss problem? Anyone who knows kindly respond. Thnkx 157917
432920 326477Wonderful info, much better nonetheless to discover out your blog that has a fantastic layout. Nicely done 43109
905191 708210You should get involved in a contest very first of the greatest blogs more than the internet. Ill recommend this page! 109092
877466 886862 Youre so cool! I dont suppose Ive read anything like this before. So good to locate somebody with some original thoughts on this subject. realy thank you for starting this up. this internet site is something that is needed on the internet, someone with just a little originality. valuable job for bringing something new towards the internet! 847385
İstanbul üniversitesi öğrencisinin evinde
gizli kamera yardımıyla birlikte çekilmiş olan ifşa sex pornosunda, hatunun memeleri ve am
göt resimleri indir.
Idari makam tarafından, disiplin cezası ile ilgili takdir hakkının varmış gibi
göstererek günlük mesainin bir kısmına katılmamayı alışkanlık haline.
Porno, kaliteli sikiş videoları, türkçe izlenme rekoru kıran seks izle.
Tatlı Üçlü en iyi Sevgililer Günü hediyesi’s Reislin & Sia Sibirya.
What’s up, I desire to subscribe for this website to obtain most
recent updates, so where can i do it please help out.
Greetings I am so excited I found your website, I really found you by mistake,
while I was searching on Digg for something else,
Nonetheless I am here now and would just like
to say thanks a lot for a tremendous post and a all
round entertaining blog (I also love the theme/design), I don’t have
time to browse it all at the moment but I have book-marked it and also included your RSS
feeds, so when I have time I will be back to read a great
deal more, Please do keep up the awesome work.
A big thank you for your blog,Really looking forward to read more. dubai racing
I really like reading through a post that can make men and women think.Live TV
Hi there! Would you mind if I share your blog with my myspace group?
There’s a lot of folks that I think would really enjoy your content.
Please let me know. Cheers
very satisfying in terms of information thank you very much.-vox automobil sendung heute live stream