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Banks Involved In COVID-19 Funds, World Bank Loans Are Under Investigation— EFCC



Anti-graft agency, Economic and Financial Crimes Commission (EFFC), has intensified its investigation into the culpability of bank chief executive officers (CEOs) in the mismanagement of COVID-19 funds and World Bank loans.

Also under probe is the alleged mismanagement of recovered Abacha loot given to the Humanitarian Affairs, Disaster Management and Social Development ministry for disbursement to beneficiaries of the Federal Government support-for-the-poor programme.

The agency explained this on Sunday in a statement by its spokesman Dele Oyewale, which clarified its investigation into the ministry.

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The EFCC also announced yesterday that it had received N32.7 billion and $445,000 so far from top officials of the m

#EFCC #covid19 #covid19funds #worldbank #efcc #NigerianCelebs #NollywoodGist #AfrobeatMusic #AfricanEntertainment #NigerianMusicIndustry #NaijaMovieIndustry #NaijaCelebrities #NaijaEntertainmentTV
#NigerianEntertainmentIndustry #NaijaShowbiz

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