EFCC Gives Update On What Happened To N900m CBN Mutilated Funds

The Economic and Financial Crimes Commission (EFCC) has reacted to the alleged reports that N900 million in its custody turned to paper.

The agency, in a statement by its spokesman, Wilson Uwujaren, and made available on the agency’s twitter handle said the information was false very mischievous and a gross misrepresentation of facts of the matter”.

Uwujaren also revealed that they merely went to the Ibadan branch of the CBN to inspect the boxes and the mutilated contents in the course of its investigation of the case, which is now before Justice P.I. Ajoku of the Federal High Court, Lagos.

In a series of tweets on Monday, the EFCC said “at no point were the boxes of the mutilated naira notes taken to the office of the EFCC”.

“The attention of the Economic and Financial Crimes Commission has been drawn to several online reports alleging that about N900 million of mutilated naira notes being subject of prosecution at the Federal High Court, Ibadan, and kept in several boxes in EFCC’s custody has turned to paper,” the tweets read.

Here is the series of tweets

NOTICE:
N900m Did Not Turn to Paper in EFCC's Custody
… The Real Story

The attention of the Economic and Financial Crimes Commission, EFCC has been drawn to several online reports alleging that about N900 million (Nine Hundred Million Naira) of mutilated naira notes, pic.twitter.com/6yuBOLw3Ul

— EFCC Nigeria (@officialEFCC) October 7, 2019

being subject of prosecution at the Federal High Court, Ibadan, and kept in several boxes in EFCC's custody has turned to paper. The report is very mischievous and a gross misrepresentation of facts of the matter.

— EFCC Nigeria (@officialEFCC) October 7, 2019

This is a clear departure from the mischievous accounts of naysayers who erroneously misinterpreted the position of the court to claim that the boxes were tampered with by the EFCC!

— EFCC Nigeria (@officialEFCC) October 7, 2019

In the course of investigations,  EFCC operatives visited the CBN office in Ibadan to inspect the said boxes and discovered that the monies had been tampered with.

— EFCC Nigeria (@officialEFCC) October 7, 2019

Members of the public are hereby advised to ignore such disinformation, as it is only being spread to cause harm, unnecessary sensationalism and create doubt in the minds of citizens.

— EFCC Nigeria (@officialEFCC) October 7, 2019