Efcc returns recovered stolen rccgs money

A great news!

The Economic and Financial Crimes Commission (EFCC) has recovered a substantial amount of money stolen from the Nigerian Customs Service (NCS) and the Nigerian Ports Authority (NPA) and returned it to the Rivers State Government.

According to reports, the recovered funds, which amount to N1.4 billion, were stolen from the Rivers State Government's account at the Nigerian Customs Service (NCS) and the Nigerian Ports Authority (NPA) by some officials of the two agencies.

The EFCC, in a statement, said that the recovered funds were returned to the Rivers State Government on Wednesday, October 27, 2021, after a thorough investigation and prosecution of the officials involved in the theft.

The EFCC Chairman, Abdulrasheed Bawa, was quoted as saying that the commission is committed to recovering stolen funds and returning them to their rightful owners, adding that the recovered funds would be used for the development of the state.

This is a welcome development, as it shows that the EFCC is serious about recovering stolen funds and holding those responsible accountable. It also demonstrates the commission's commitment to transparency and accountability in the management of public funds.

It's worth noting that the recovery of stolen funds is an important step in the fight against corruption, as it helps to restore public trust and confidence in the government and its institutions.