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Home Finance | Insurance | Pension

Corruption: EFCC Recovers N7.8M for BIPC

EconomyFoot Print by EconomyFoot Print
March 26, 2024
in Finance | Insurance | Pension, Top News
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The Economic and Financial Crimes Commission (EFCC) has made a significant recovery of N7.8 million for the Benue Investment and Property Company Limited-BIPC.

Managing Director and Chief Executive Officer of the company, Dr. Raymond Asemakaha, CFA, disclosed this today in Makurdi.

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He said the recovery is from past officers of the agency who engaged in corrupt practices.

He said the draft cheque of the money has being handed over to BIPC adding that more recoveries are underway.

Dr. Asemakaha said the recovery of funds for the Benue Investment and Property Company is a positive step in strengthening the integrity of the agency and promoting a culture of accountability under the leadership of His Excellency Rev Fr Hyacinth Alia.

He added that the prompt and efficient action taken by EFCC not only showcases the dedication and professionalism of the EFCC but also underscores their commitment to upholding justice and combating financial crimes within Benue and the nation at large.

“This successful recovery underscores the importance of robust investigative procedures and the commitment to upholding integrity in financial transactions.” The MD stated.

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