E-News

Naira Re-design: EFCC Increases Number Of Governors Being Monitored For Stashed Cash

Naira Re-design: EFCC Increases Number Of Governors Being Monitored For Stashed Cash

The Economic and Financial Crimes Commission (EFCC) has declared that more Governors are now under its watch for suspected stashing of cash.

The EFCC Chairman, Abdulrasheed Bawa gave the update on Thursday at the Aso Rock Villa in Abuja shortly after a meeting with President Muhammadu Buhari.

He disclosed to newsmen that the number has increased from the three earlier announced by the commission but failed to give the specific new number of Governors the anti-graft agency is monitoring.

Explaining why he didn’t give a specific number, Bawa said he doesn’t want to be misquoted.

Manuniya News recalls about two weeks ago, the EFCC boss confirmed that the commission is monitoring three governors over suspected stashed money.

According to Bawa, the serving governors are planning to launder stashed billions of Naira through table payment of salaries to workers.

The development is coming a few days after the Central Bank of Nigeria (CBN) announced that the country’s currency would be redesigned to address many issues.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button