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Wike’s government battles EFCC over N118b fraud claim
May 25, 2020
The Rivers State government has cautioned anti-graft agency, the Economic and Financial Crimes Commission, EFCC, against overstepping its bounds on issues concerning the State.
A report published by a national daily, titled; “How Rivers officials withdrew N118b in cash – EFCC”, had revealed details of an ongoing investigation by the EFCC.
According to the report, “The Economic and Financial Crimes Commission (EFCC) is requesting, for its interrogation, the release of three officials of the Rivers State Government, who are implicated in the alleged illegal withdrawal of N118billion public funds.
“Their action is said to be a contravention of the Money Laundering Act.
“The cash was allegedly withdrawn by the Director of Finance, Government House, Fubara Siminalayei, Tonye Uranta, and Harisonba Princewill over the counter in suspicious manner.
“One of the officials allegedly withdrew over N70billion in cash, about 129 times over a period of three years.
“It was gathered that the cash withdrawals were made between 2015 and 2018 with Siminalayei alone allegedly collecting over N70billion over the counter about 35 times in 2016 and 94 times in 2017.”
But claims in the report did not go down well with the Rivers State government, which in a swift reaction drew the attention of the EFCC to a Court injunction restraining any Federal government agency from investigating the financial activities of the State.
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