EFCC Returns N3.94bn to NNPCL from Fraud Recovery

On Wednesday, the Economic and Financial Crimes Commission (EFCC) returned a total of N3,936,145,822 to the Nigerian National Petroleum Company Limited (NNPCL), following the recovery of funds linked to fraudulent activities. The presentation took place at the EFCC headquarters in Abuja, with Dele Oyewale, the agency's spokesman, representing the commission.

Moham Hammajoda, the Secretary to the Commission, spoke on behalf of the Executive Chairman, Ola Olukoyede, emphasizing the EFCC's dedication to combating economic and financial crime. He noted that the recovered funds resulted from thorough investigations and professional efforts that uncovered fraudulent dealings involving certain actors within NNPCL.

Hammajoda reiterated the EFCC's commitment to serving Nigeria with courage and integrity, despite the risks involved in their operations. Mumuni Dagazau, the Executive Vice President of Downstream at NNPCL, commended the EFCC for its role in the recovery process, highlighting the importance of institutional collaboration and ongoing efforts to reform NNPCL's operational systems.