In a concerning development, the Economic and Financial Crimes Commission (EFCC) is reportedly embroiled in a significant scandal involving the disappearance of large sums of cash and valuables from its Lagos Zonal Command.
According to reliable sources speaking to PRNigeria, between $350,000 and $400,000 has gone missing, along with valuable jewelry and other high-end items.
This alarming discovery comes just days after the anti-graft agency dismissed 27 officers for misconduct and fraudulent behavior, sparking renewed questions about the agency’s internal accountability and oversight.
Read Also: EFCC Sacks 27 Officers
The dismissals, which were announced on Monday, followed recommendations from the EFCC Staff Disciplinary Committee and were approved by the Commission’s Chairman, Ola Olukoyede.
While investigations into the missing funds are already underway, the EFCC now finds itself in a difficult position as it works to regain public trust.
Once hailed as the primary force in the fight against financial crime, the agency is now under scrutiny over alleged weaknesses in its internal controls.
At the time of this report, efforts to contact EFCC spokesperson Dele Oyewale for comment on the situation have been unsuccessful, further raising concerns about transparency and the agency’s ability to address allegations of misconduct.
As the investigation continues, questions remain about what steps will be taken to prevent similar incidents and restore confidence in the agency’s ability to combat corruption.
This latest scandal highlights the significant challenges the EFCC faces in maintaining its integrity and accountability within Nigeria’s financial system.
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