Paris Club: No Governor Indicted Over Loan Refund—EFCC

February 13, 2017
Paris Club: No Governor Indicted Over Loan Refund—EFCC

Paris Club: No Governor Indicted Over Loan Refund—EFCC

By Modupe Gbadeyanka

The Economic and Financial Crimes Commission (EFCC) has reacted to a report captioned, Nigerian State Governors, Senate President Saraki Pocketed Billions of Naira from Paris Loan Refund, which appeared in the online news portal, Sahara Reporters on Sunday February 12, 2017.

In a statement issued on Monday, the agency stated “unequivocally that no state Governor or Senate President has been indicted so far by the investigation which is still at a preliminary stage.”

It further said “insinuations also about cover up by some officials of the commission are untrue as there is no incentive to do so.”

“The commission implores the media to be circumspect in the reportage of this delicate issue in order not to jeopardize ongoing investigation, and be assured that they would be fully briefed of developments as soon as breakthrough is achieved,” the statement said.

It would be recalled that the report among others claimed that the EFCC has indicted all the Governors of the 36 states of the federation and the Senate President, Mr Bukola Saraki, in the ongoing investigation of the reimbursement paid to state governments by the Federal Government for excessive deduction charged to them on account of the Paris Club and other international loans.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Leave a Reply

Lagos Harvests 50 tons of Catfish via Cage Culture System
Previous Story

Lagos Harvests 50 tons of Catfish via Cage Culture System

Bamba Raises $1.1m in First Seed Round
Next Story

Bamba Raises $1.1m in First Seed Round

Latest from General

Don't Miss