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EFCC Agency says $15b not $2.1b arms money was stolen

It will also please you to know that nobody has been jailed yet for this grievous offence against the Nigerian state.

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Operatives of The Economic and Financial Crimes Commission (EFCC). play

Operatives of The Economic and Financial Crimes Commission (EFCC).

(Punch)

The Economic and Financial Crimes Commission (EFCC) has revealed that the total amount of money meant for the purchase of arms for the fight against Boko Haram is $15b not $2.1b

Punch reports that the anti-graft agency discovered this during the course of investigating the various people involved in the scam.

EFCC revealed that the $2.1b that was reported in the media was part of the funds in the control of the Office of the National Security Adviser (ONSA).

You will recall that the former National Security Adviser (NSA), Sambo Dasuki was indicted by a panel for diverting funds meant for the purchase of arms.

That revelation and EFCC’s probe further unearthed a very rotten can of worms that still stinks anytime the case is mentioned.

An EFCC source who spoke to Punch said “We have discovered that the total money in the arms scandal is over $15bn, not $1.2bn that was initially discovered. The $2.1bn was just for one transaction. Many of these military officers set up companies for the purpose of diverting money meant for the prosecution of the anti-insurgency war."

READ: $2.1b Arms Scam: Group calls for GEJ’s prosecution

Some military personnel and civilians alike have been arrested and investigated, and startling amounts of money have either been discovered, recovered or returned.

It will also please you to know that nobody has been jailed yet for this grievous offence against the Nigerian state.

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