The Economic and Financial Crime Commission (EFCC), has revealed where the looted funds recovered are being kept.
The antigraft agency, made this revelation through its official twitter handle while replying a comment from a user after it announced flag off of auctioning forfeited vehicles in portharcourt.
EFCC Flags Off Auction of Forfeited Vehicles in Port Harcourt
The EFCC, on Thursday, December 19, 2019 commenced processes involved in the auctioning of 244 vehicles forfeited to the Federal Government by illegal oil dealers.#BeAccountable #SayNoToCorruption pic.twitter.com/7Ms1hMxQTm
— EFCC Nigeria (@officialEFCC) December 19, 2019
The user had commented saying:
“You collect cars from people then sell it to other people all in the name of auction…where is the money going to and what are they using it for”
EFCC replied saying:
“The monies from these sales are paid into the consolidated revenue account at the Central Bank of Nigeria.”
The monies from these sales are paid into the consolidated revenue account at the Central Bank of Nigeria. https://t.co/j56YqrK1mg
— EFCC Nigeria (@officialEFCC) December 20, 2019
