18 states under investigation over fund mismanagement – EFCC
The EFCC has revealed it’s investigating 18 Nigerian states for alleged fund mismanagement. Learn more about the ongoing probes and the commission’s action Read More: https://punchng.com/18-states-under-investigation-over-fund-mismanagement-efcc/
The Economic and Financial Crimes Commission (EFCC) has revealed that 18 states are currently under investigation due to alleged mismanagement of public funds. EFCC Director of Public Affairs, Wilson Uwujaren, disclosed this information during an interview on Arise Television. Uwujaren declined to name the states involved, citing the need to protect the integrity of the ongoing probes.
He confirmed that the investigation into Osun State was not an isolated case, stating that similar restrictions on government accounts had been imposed in the past when there were indications of funds being diverted to suspicious accounts. Uwujaren emphasized that the commission's actions were carried out in accordance with the law and not targeted at any specific administration.
He also stated that the commission has a 72-hour window to obtain a court order to either continue or lift the restriction on the affected account.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
