The Chairman of Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa, yesterday disclosed that the anti-graft agency has recovered over N1 billion cash from a civil servant.
Bawa, made this known when he appeared before the Senate Committee on Finance that is investigating the Internally Generated Revenue (IGR) and payment of one per cent stamp duty by contractors on all contracts awarded by Ministries, Departments and Agencies (MDAs) between 2014 and 2020.
He stated that the said amount was recovered from the personal account of a serving civil servant who is currently being investigated.
Bawa said: “There are a lot of leakages we need to block. It is not about generating revenue. We have recovered over a billion Naira sitting in an account of a civil servant last week.
“After observing the proceedings and the process of investigation of the committee, I am happy with what is happening here. It is a good development that the committee is working towards blocking revenue leakages.
At this point in the nation’s history, it is not much about generating revenue as much as blocking leakages of revenue generated and still being generated by all these agencies of government.”
The EFCC boss said his agency would be willing to partner with the committee and hopefully get the report of the committee for further action.
He revealed that he has created four new departments to ensure that due process is followed with no audit queries and urged other MDAs to copy the template of the EFCC.
