• Interest on loot recovered from Tafa Balogun, Alams, others hits N1.9bn – EFCC

    Interest on loot recovered from Tafa Balogun, Alams, others hits N1.9bn – EFCC

    The Economic and Financial Crimes Commission, EFCC, has stated that as at March 2015, it had realised N1,956,007,974 as interest on the loot recovered from convicted former Inspector-General of Police, Mr. Tafa Balogun; the late former Governor of Bayelsa State, Diepreye Alamieyeseigha, and other prominent Nigerians.

    The EFCC further disclosed that between March, 2012 and March, 2013, it generated N185m rent from the forfeited properties of a former Managing Director of the defunct Intercontinental Bank, Mr. Erastus Akingbola; a convicted ex-Governor […]