EXCLUSIVE: Refinery Maintenance Fraud: EFCC recovers ₦38.66 billion, other properties

EXCLUSIVE: Refinery Maintenance Fraud: EFCC recovers ₦38.66 billion, other properties

Headlines: EFCC Cracks Down on Refinery Fraud; Billions Recovered in Maintenance Probe. The Economic and Financial Crimes Commission (EFCC) has recovered over N9.4 billion, $21.2 million, and landed properties in a probe into alleged diversion of funds meant for Nigeria’s refinery rehabilitation. This brings total recoveries to N38.66 billion (at N1,380/$1), targeting widespread corruption in refinery maintenance contracts.

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