Corruption: Buhari speaks on investigations in NDDC, EFCC

President Buhari and suspended EFCC boss, Ibrahim Magu

President Muhammadu Buhari on Friday in Abuja reacted for the first time on the allegations of corruption leveled against the leaderships of some Federal Government Agencies and Commissions.

These commissions include the Economic and Financial Crimes Commission (EFCC) and the Niger Delta Development Commission (NDDC).

The president, who spoke after observing his Eid prayers at the fore court of the presidential villa, observed that some appointees of the government in both his administration and the previous one have abused their trust.

He, however, expressed delight that some stolen assets are being recovered, sold and proceeds put into the Single Treasury Account (TSA), which is inaccessible to the corrupt persons involved.

When asked how he felt about recent revelations coming out from the EFCC and the NDDC, President Buhari said:

“There has been abuse of trust by people trusted by previous administration and this administration.

“A number of assets have been recovered and some money.

“But we have introduced TSA where all the monies are taken and I said asset should be sold and the money be put through TSA so that it can be identified at any level and I will see who will come after us and take it back again to those who misappropriated public funds.”

While assuring that all past and present cases would be fully investigated, he said: “This is why we put the commission (of investigation) in place.”

He stressed that all of such cases would be uncovered and firmly dealt with by his government.

The News Agency of Nigeria (NAN) reports Senate and House of Representatives are currently investigating how the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) allegedly squandered N40 billion within few months.

NAN also reports that the Presidency had instituted a Presidential Probe Panel headed by retired Justice Ayo Salami to investigate allegations of gross misconduct against the suspended acting Chairman of the EFCC, Ibrahim Magu.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
Read More

2023 Presidency: Former Councils Executive Secretaries meet for Tinubu 2023

The Conference of Former Executive Secretaries of Local Governments and LCDAs in Lagos State has declared their support for the Presidential ambition of the National Leader of the All Progressives Congress APC Asiwaju Bola Ahmed Tinubu in the 2023 general elections at their general meeting held  on Thursday, at the event hall  Excellence Hotel, Ogba, Ikeja Lagos.