The attention of the Economic
and Financial Crimes Commission has been drawn to reports in some Newspapers on December17,
2013 purporting that the Commission is broke and has less than N2million in its
coffers.
The comment credited to the
Secretary to the Commission, Mr Emmanuel Adegboyega Aremo who led a delegation
of the EFCC to the public hearing by the Senate Committee on Drugs, Narcotics
and Financial Crimes on the Bill to establish the Nigerian Financial
Intelligence Agency, is gross misrepresentation of what transpired at the event.
The mention of N2million by
Aremo was not in respect of the total financial health of the EFCC, but a
direct response to a remark by the Chair of the Committee, Senator Victor Lar,
to the effect that his committee had observed during an oversight visit to the
Nigerian Financial Intelligence Unit, NFIU that it has no power generating set
while its ceiling had caved in. To this, Aremo remarked that the Commission had
complained to the Committee during the visit on the state of its finances and
that the situation has not improved.
The comment has no bearing
whatsoever on the operations of the Commission.
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