News
Bawa Saya EFCC Has Uncovered N70Bn Fuel Subsidy Fraud
The Economic and Financial Crimes Commission, EFCC, has uncovered about N70 billion fraud carried out through the Federal Government’s fuel subsidy programme.
Daily Post reports that Chairman of EFCC, Abdulrasheed Bawa disclosed this during a chat with newsmen at the Ikeja High Court in Lagos State on Wednesday.
Bawa, while appearing at the court, testified in a fuel subsidy trial involving an oil firm, Nadabo Energy.
Speaking, he disclosed that the commission would continue to rigorously pursue all its cases in court.
Bawa said: “We have identified fraud of about N70 billion perpetrated through the fuel subsidy.
“So far the commission has recovered N20 billion from the N70 billion and we are working to recover the rest.
“Yes, we are worried about the slow pace of some of the fuel subsidy cases we charged to court since 2012, when investigations were concluded.”
ALSO READ : FEC Approves Multi-billion Projects In Delta, Oyo, Others
Bawa was recently confirmed as the head of the anti-graft agency by the Senate.
His confirmation followed his nomination by President Muhammadu Buhari.
Indigenous Contractors Lauds Oborevwori’s Release Of N8.3Bn Lifeline To Settle DESOPADEC Contract Debt
DELSU: Faculty Of Science To Hold 8th International Conference Nov. 12-14
Facts, Not Rhetoric: Setting The Record Straight On Senator Nwoko In Response To Bruno Amamosa’s Article
RE: ₦8.4 Billion Debt For DESOPADEC Contract Payments (PRESS STATEMENT)
Oborevwori Moves To Rebrand Delta Media Outfits In 2026 Budget — Aniagwu
It Will Take Industrial Revolution, Not Just Infrastructural Development To Revitalize Warri To Former State
Delta Poly Rector Underscores Importance Of Conferences
DELSU Gives Deadline For Payment Of Acceptance Fees, Announces Resumption Dates For Fresh, Old Students
DELSU: Caleb Ivworin Elected President Of PGSAN
DTHA Queries DELSU Over Employments Done In 2024
Rejoinder To Mr. Oritsegbubemi A. Edema’s Statement On The Urhobo Renaissance Society’s Appeal For Peace In Warri
BREAKING: ODA Executives Remanded In Keffi Correctional Centre Over Alleged Cyber Bullying, False Publications
BREAKING: Police Force Headquarters Operatives Arrest ODA President General, Izu Osamor
DSS Commended Over Arms Interception In Delta, Urged to Intensify Crackdown On Criminal Networks In Sapele, Environs
-
Education15 hours agoFUPRE Clarifies Senate Resolutions On Recent Students’ Unrest
-
Education10 hours ago
Fresh Crisis Brews At Ogwashi-Uku Polytechnic, As Governing Council “Illegally Appoints” Ogonwa As Acting Deputy Rector
-
News9 hours ago
It Will Take Industrial Revolution, Not Just Infrastructural Development To Revitalize Warri To Former State
-
News9 hours ago
Delta Poly Rector Underscores Importance Of Conferences
-
Education6 hours ago
DELSU: Faculty Of Science To Hold 8th International Conference Nov. 12-14
