Finance minister Kemi Adeosun has described has described as harmless and innocuous her letter to the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) requesting for the whereabouts of cash recoveries made by the EFCC.
According to statement issued last night by the finance minister and signed by Oluyinka Akintunde, Special Adviser, Media and Publicity to the Mi
nister of Finance, the minister said the media reports misrepresented her “innocuous letter to the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, on cash recoveries by the Federal Government.”Adeosun stated “explicitly that the letter dated 9th February, 2018, was a standard letter aimed at improving controls over the recovered funds.”
She emphasized that “there is no ulterior motive behind the letter as alleged in some media reports but
to enable the reconciliation and harmonisation of the figures on recovered funds by the Government.”The EFCC she said “has subsequently provided the requested information and reconciliation is ongoing.”
On the 9th of February, 2018, Kemi Adeosun had asked the Acting Chairman of the EFCC, Magu, “to provide records of cash assets recoveries in the custody of the EFCC from March 2015 till date based on information available to the office of the AGF.”
She specifically requested that the EFCC boss “clarify where these cash recoveries have been deposited and provide accompanying evidence since the use of the recovery figures in media reports by the EFCC do not reconcile with the records of the ministry.
Culled from thenation
Get real time update about this post categories directly on your device, subscribe now.