The Economic and Financial Crimes Commission said that as at the close of work on Monday, it had recovered over N70 billion from debtors of the five troubled banks.
Femi Otedola, chairman of Zenon Oil and CEO of African Petroleum led the refunders’ pack last week with N3 billion returned to Afribank Plc.
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At the end of this recovery process, we would want a detailed account broken down, showing who and how much was realized. The people of Nigeria would also want to know where these monies are going to if not this whole exercise futile. This is not the first time the people in power will do u the more you look the less you see.
ReplyDeleteI hope we get this detailed breakdown of the proceeds. and it will not just vanish into thin air like all other recovered funds in the past
ReplyDeleteThese people should stop deceiving us, this is not the first time, what is Farida and EFCC up to. Is EFCC the Court? As far as am concerned it is a matter of you are owing N1b, give N1m and forget the rest.
ReplyDeleteNigerians are nolonger in the dack age. "Enough is enough", it is just like watching Nigerian movie you can tell the nest action.
In the action plan for EFCC, i hope the excercise will be complete this time and they wont go mute and just wait for the next lead they will get...
ReplyDeleteprobably tied in assets? now the forced recovery must have foiled their plans of making the profits they had envisaged, making the exercise futile afterall
ReplyDelete