The attention of the Honourable Minister of Finance, Mrs. Kemi Adeosun, has been drawn to media reports misrepresenting her innocuous letter to the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, on cash recoveries by the Federal Government.
The Minister of Finance wishes to state explicitly that the letter dated 9th February, 2018, was a standard letter aimed at improving controls over the recovered funds. There is no ulterior motive behind the letter as alleged in some media reports but to enable the reconciliation and harmonisation of the figures on recovered funds by the Government.
For the avoidance of doubt, the EFCC has subsequently provided the requested information and reconciliation is ongoing.
MTN Foundation and United Nations Women have signed a Memorandum of Understanding (MoU) to expand…
CYRIACUS IZUEKWE A 54-year-old man, John Omoera, was arraigned before a Lagos Magistrate Court over…
All housemates, except Head of House Abi and Most Influential Player of the Week Sheba,…
The growing dissatisfaction with the way Imo State is being governed took another political expression…
President Bola Ahmed Tinubu welcomed the encouraging news on Monday from the National Bureau of…
CYRIACUS IZUEKWE A 32-year-old man, Ibukun Akinsuyi, was arraigned before a Lagos Magistrate Court over…