EFCC to recover missing NIA’s $202m – Magu

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, said on Wednesday the Commission is determined to recover the balance of $202 million from the total sum of $289 million that is allegedly missing from the coffers of the National Intelligence Agency (NIA).

Magu spoke with journalists after meeting with members of the House of Representatives’ Committee on National Security and Intelligence on the ongoing efforts to recover the security intervention fund allocated to the NIA

He said: “As you can see everybody is supporting us and we need the support of everybody to succeed.

“As far as this investigation is concerned, we are very much on course and very soon we shall recover the money.”

The EFCC chairman said he was undaunted by his non- confirmation by the Senate after serving for two years in acting capacity.

“No problem. With or without challenges, we are unrelenting. You don’t expect the investigation to go on smoothly.”

“I said we are unrelenting. Everyday you wake up and face all manners of adversaries, but what we need is the support of all Nigerians in the fight against corruption,” he added.

The Chairman, House Committee on National Security and Intelligence, Abdulsammad Jaji, told journalists that the $202 million is yet to be recovered.

He said: “Even the acting Chairman of EFCC said the same that the $202 million or whatever remains unaccounted for.

“And I know he remains committed and resolute to see that they recover the $202 million or whatever. As a committee, we are going our best.”

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