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EFCC Gets 7-day Ultimatum to Return N1.9trn Recovered Loot to FG

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Dr. George Uboh, an anti-graft crusader based in Abuja, has issued a Seven-Day ultimatum to the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, to refund the sum of 1.993 trillion naira looted funds, recovered by the agency to the federal government account.

Dr. Uboh, who is the chief executive officer of Panic Alert Security System, made the copy of the acknowledged letter to EFCC to journalists yesterday in Abuja and dated December 17, 2015.

The letter reads in parts: “Re: Petition against EFCC for stealing, diverting and failure to remit approximately one trillion, nine hundred and ninety three billion (1,993,000,000,000) naira.

“Seven-Day notice to refund 1.993 trillion naira pursuant to your statement to the National Assembly that all recoveries are intact”.

While hailing the courage of the EFCC chairman, Ibrahim Magu for telling members of House Committee on Financial Crimes when he appeared before them on December 15, 2015 that “all recoveries by EFCC is intact, that no EFCC staff meddles with exhibits, inter alia”.

“I wish to applaud the honesty and integrity you demonstrated by stating that all recoveries are intact, which can be properly construed by any layman to mean that the 1.993 Trillion Naira unremitted funds backed by overwhelming evidence has been unearthed by you thus is intact,” Uboh said.

In the letter, Uboh reminded that in his letter to the Solicitor-General of the Federation on September 28, 2015 he attached iron clad evidence including: a June 24, 2011 letter written by former EFFC chairman, Farida Waziri to former President Goodluck Jonathan which she stated that N967 Billion was recovered in three years of her stewardship.

That a December 2, 2011, letter from the former EFCC chairman, Ibrahim Lamorde, to the House Committee on Drugs, Narcotics and Financial Crimes stating that he recovered N1.3 Trillion from 2004 to 2011 plus other currencies.