The Economic and Financial Crimes Commission (EFCC) said it has frozen over N126 billion in the accounts of some suspects in order not to jeopardize investigation.
Huge cash in more than 120 accounts had been affected by the freeze order.
Some of those affected include about N126, 563,481,095.43 that was temporarily seized by the EFCC pending the conclusion of corruption related cases.
Other cash and assets under interim forfeiture is $9,090,243,920.15 seized from suspects facing trial or under investigation.
Apart from freezing of N32.8 billion from six suspects implicated in the Police Pension Office, some high-profile suspects with accounts among over 120 frozen include ex-Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, ex-National Security Adviser, Col. Sambo Dasuki, ex-Chief of Defence Staff, Air Chief Marshal Alex Badeh, ex- Chiefs of Air Staff, Air Marshals Adesola Amosu, Mohammed Dikko Umar, Robert Azibaola( ex-President Goodluck Jonathan’s cousin), and ex-Minister of Aviation, Chief Femi Fani-Kayode, among others.
The action of the EFCC has generated criticisms with most suspects claiming that the freeze was prejudicial.
But the Head of Media and Publicity of EFCC, Mr. Wilson Uwujaren, in a statement said the anti-graft agency was not being vindictive.
The statement said: “In recent times, a lot of interest has been generated by the action of the Commission in freezing the accounts of suspects that were investigated or are currently being investigated. Some commentators have tended to ascribe vindictive motives to this action
“In order to prevent misinformation, it is imperative to explain the reason behind the Commission’s actions in this regard.
“Freezing of accounts suspected of being used for commission of financial crimes is a mandatory investigative step backed by law.
Indeed, Section 34 (1) of the EFCC Act 2004 empowers the Commission to freeze any account suspected of being used for financial crimes.
The section stipulates that, “the Chairman of the Commission or any officer authorized by him may, if satisfied that the money in the account of a person is made through the commission of an offence under this Act or any enactment specified under Section 6(2) (a)-(f) of this Act, apply to the court ex-parte for power to issue or instruct a bank examiner or such other appropriate authority to freeze the account.”
“Similar provision in the Money Laundering Prohibition Act 2012 (as amended), also empowers the EFCC Chairman or his representatives to place a stop order on any account or transaction suspected to be involved in any crime. Click to signup for FREE news updates, latest information and hottest gists everyday
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It is a question of time. Your own will soon be frozen. Na today? You have been in Nigeria abi? We know how corruption works. No man chop alone in Nigeria.You know what I mean oga. You may be pleasing oga on top now but those with whom you chop will definitely come up.
ReplyDeleteIts only crook that will want the old order to continue. Please continue to sanitized the country for better. People have forgotten that if you plan today, it will affect tomorrow fortunes. Let plan for the future of nigeria and Nigerians.Thank God stealing is now corruption in Nigeria.
ReplyDelete