Federal Ministry Of Finance clarifies letter to EFCC on recovered Funds

By on March 25, 2018

 

FEDERAL MINISTRY OF FINANCE

PRESS STATEMENT

SUNDAY, 25TH MARCH, 2018

Adeosun Clarifies Letter to EFCC Boss on Recovered Funds

The attention of the Honourable Minister of Finance, Mrs. Kemi Adeosun, has been drawn to media reports misrepresenting her innocuous letter to the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, on cash recoveries by the Federal Government.

2. The Minister wishes to state explicitly that the letter dated 9th February, 2018, was a standard letter aimed at improving controls over the recovered funds.

3. There is no ulterior motive behind the letter as alleged in some media reports but to enable the reconciliation and harmonisation of the figures on recovered funds by the Government.

4. For the avoidance of doubt, the EFCC has subsequently provided the requested information and reconciliation is ongoing.

Signed:

Oluyinka Akintunde
Special Adviser, Media & Publicity to the Hon. Minister of Finance
Federal Ministry of Finance
25th March, 2018

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