Adeosun clarifies letter to EFCC Chief on recovered funds

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, on Sunday explained the content of her letter to the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, on cash recoveries by the Federal Government.

The letter dated 9th February, 2018, according to the Minister, was a standard letter aimed at improving controls over the recovered funds.

Adeosun, clarified that 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.” Said Adeosun in a statement.

Chief Executive Officer, Dangote Foundation, Ms. Zouera Youssoufou; Permanent Secretary in the Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse; Honourable Minister of Finance, Mrs. Kemi Adeosun, and Co-Chair of Bill and Melinda Gates Foundation, Mr. Bill Gates, during a meeting on vaccine financing and support for Nigeria’s fiscal agenda recently in Abuja