The Economic and Financial Crimes Commission (EFCC) has refuted claims that some of its officials participated in distributing funds forfeited by associates of former Central Bank of Nigeria governor, Godwin Emefiele.
The report in question alleged that ₦54 billion was forfeited and subsequently divided among certain ministers, presidential aides, and EFCC officers.
In a statement released on Wednesday, Dele Oyewale, the EFCC’s Head of Media and Publicity, stated that no EFCC official has ever been involved in the distribution of proceeds from forfeited assets.
“The Economic and Financial Crimes Commission dismisses as false the report by an online news platform, which claims that ₦54 billion forfeited by associates of former Central Bank Governor Mr. Godwin Emefiele was ‘shared’ among certain ministers and aides of President Tinubu, along with EFCC officials.
“No official of the Commission has ever participated in the ‘sharing’ of any proceeds from forfeited assets. The concept of ‘sharing proceeds from forfeited assets’ is entirely foreign to the Commission.”
Oyewale emphasized that the report’s author lacked knowledge of the existing asset recovery and management framework.
He explained, “The EFCC Act 2004 and the Proceeds of Crime (Recovery and Management) Act 2022 clearly outline the accounts where proceeds from forfeited assets must be deposited.
“There is no ‘platform’ for the ‘sharing of forfeited assets’; the idea itself is absurd.
Otherwise, the news platform would have provided details on when and how this alleged sharing occurred, and who the beneficiaries were.
“The truth is, it simply did not happen! Presenting fiction as news is extremely irresponsible, and the EFCC will not tolerate any attempt to tarnish its hard-earned reputation. The public is urged to disregard this falsehood.”
 has refuted claims that some of its officials participated in distributing funds forfeited by associates of former Central Bank of Nigeria governor, Godwin Emefiele.){kind=link}