Home » EFCC Politics, Latest Politics » EFCC Recovers $11b

EFCC Recovers $11b

The Federal government has pledged a renewed commitment to the fight against corruption in the country, just as the Economic and Financial Crimes Commission (EFCC), said it had recovered a total sum of $11 billion in seven years, from fraudulent persons, groups and organizations in and outside the country.

The Vice President, Federal Republic of Nigeria, Arc. Namadi Sambo made this declaration yesterday, in response to Mrs Farida’s disclosure of the $11 billion recovered so far, at the occasion of the foundation laying ceremony of the new EFCC headquarters building in Abuja.

Arc. Sambo, while commending the EFCC’S laudable project estimated to cost  N18,867,283,615.14 (18.87 billion),noted that the event had provided opportunity to reiterate the present administration’s zero tolerance stance to corruption, as well as its renewed commitment to the fight by supporting anti-corruption agencies to stem the tide of corruption and extravagant living in the country.  Accordingly, he also pointed out that good governance still remains a major product of diligent and robust anti-corruption war, which the government of President Goodluck Jonathan represents.

The VP however, maintained that democracy and development which Nigerians desire would inevitably be at great risk, if corruption continues unabated in our public life, hence federal government’s resolve to consolidate on all facilities needed to vigorously fight the canker worm of corruption ravaging the economy and make Nigeria take its pride of place in the comity of nations, especially its leadership role in the continent of Africa.

However, the contractor handling the project, Julius Berger plc, represented by its MD, Wolfgang Goetsch, promised to deliver it in good time within the stipulated period as contained in the contract agreement.

-Leadership

Short URL: http://newnigerianpolitics.com/?p=3441

Posted by on Feb 1 2011. Filed under EFCC Politics, Latest Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

You’re unstable, focus on whereabouts of your imported wife – Atiku knocks Oshiomhole

Headlines

2023: We pressured Obi to dump PDP — Igbo elders

Categories

Browse Elections 2023

Featuring Top 5/53 of Elections 2023

What FG should do with Nnamdi Kanu – Falana

Browse Africa & World Politics

Featuring Top 3/2273 of Africa & World Politics

Browse National Politics

Featuring Top 5/1258 of National Politics

Knocks as running-mate Kashim Shetima likens Bola Tinubu to late Sani Abacha

Browse NNP Columnists

Featuring Top 10/1524 of NNP Columnists

He has two planes, where is his company? – Peter Obi asks Tinubu and supporters

Advertisements

FEATURED VIDEOS

UK Govt in talks with Nigeria to receive migrants rejected for asylum in the UK

ARCHIVES

February 2011
S M T W T F S
« Jan   Mar »
 12345
6789101112
13141516171819
20212223242526
2728  

© 2022 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes