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EFCC boss allegedly diverts N1tr recovered from looters

24 August 2015, 12:10

Abuja - The Economic and Financial Crimes Commission (EFCC) boss, Ibrahim Lamorde  has been invited by the Senate, to answer questions concerning a petition raised against him, Punch reports.

The  petitioner, George Uboh, Chief Executive Officer of Panic Alert Security Systems, claims that Lamorde fraudulently diverted N1tr.

He said the money is part of the proceeds from the loot recovered from a former Governor of Bayelsa State, Diepreye Alamieyeseigha and ex-Inspector-General of Police, Tafa Balogun.

Adding that he had evidence to support his claim.

Also read: EFCC invites, interrogates Elechi, former Ebonyi Governor

Uboh also said that the EFCC boss diverted the funds when he was Director of Operations of the EFCC between 2003 and 2007, and acting Chairman of the commission between June 2007 and May 2008.

In the petition, Uboh alleged that Lamorde diverted N779m, instead of N3bn forfeited by Balogun to the Federal Government, and also under-remitted the former IG’s forfeited funds, which was N5.85bn into the Consolidated Revenue Account by keeping N2.65bn.

Read more at Punch

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