Recovered $50M I’m not investigating EFCC's cash discovery– Malami

The EFCC, on Wednesday, April 12, recovered the money in separate sums of $43 million, N23 million and £27,000 from a luxury flat in Ikoyi.

  • Published:
EFCC recovers cash from Ikoyi home play

EFCC recovers cash from Ikoyi home

(Punch Newspaper)
24/7 Live - Subscribe to the Pulse Newsletter!

Attorney General of the Federation (AGF), Abubakar Malami has denied reports that he is investigating the recent recovery of $50 million by the Economic and Financial Crimes Commission (EFCC) in Lagos.

The EFCC, on Wednesday, April 12, recovered the money in separate sums of $43 million, N23 million and £27,000 from a luxury flat in Ikoyi.

A major controversy began to brew over the funds after the National Intelligence Agency (NIA) claimed that it had received the money as an allocation for covert operations.

Media reports had it that Malami had been instructed by President Muhammadu Buhari to get an official brief from the EFCC and the NIA on the matter.

Malami however denied receiving any such instruction adding that the security agencies involved were directly answerable to the president, according to Daily Trust.

ALSO READNIA's boss wife reportedly moved money into controversial Ikoyi flat

Earlier reports also had it that Malami would soon speak to Nigerians on the EFCC’s discovery.

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.