EFCC Recovers Over N4.16bn Unpaid Lottery Revenue
EFCC Recovers Over N4.16bn Unpaid Lottery Revenue

Mr Maj Gen Babagana Monguno, the management of the Economic and Financial Crimes Commission (EFCC) has reacted to the recent revelation of the National Security Adviser said that a huge amount f money approved for the purchase of arm and ammunition can not be accounted for under ex-service chiefs.

Monguno revealed this in an interview with BBC Hausa on Friday had recanted and accused the Nigerian media of quoting him out of context, following a backlash

EFCC Reacts To NSA’s Revelation On ‘Missing Billions’ Under Ex-Service Chiefs

Meanwhile, the transcript of his interview with the BBC Hausa Service revealed that he was not quoted out of context like he later claimed.

His statement reads, “It is not that we are not working to end the security challenge in the country. The president has done his own part and allocated huge amounts of money to purchase weapons, but they are yet to be here. We don’t know where they are.

“I am not saying that the past service chiefs have diverted the money, but presently we don’t know where the money is.”

On whether the investigation has commenced on the issue, the NSA said, “I am sure the president will investigate this. As I am talking to you now, even the Nigerian Governors Forum has started questioning where the money is. So I assure you that the president is not playing with anything that has to do with the people.”

Reacting to the allegation when Daily Trust contacted the anti-graft agency, EFCC spokesperson, Wilson Uwujarensaid he could not say whether the commission would investigate the immediate past service chiefs.

He said there was no fact before the anti-graft agency to show that ex-service chiefs mismanaged money meant for ammunition as noted by the NSA.

“We don’t do the projection. I say we deal with facts, not possibilities”, Uwujaren told one of our correspondents on phone.

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