Nigeria's Anti-graft Agency, EFCC Recovers N13billion Illegal Fuel Subsidy Payments As Syndicates Smuggle Crude To Cameroon, Benin Republic
Nigeria's anti-corruption agency, the Economic and Financial Crimes Commission has recovered about N13billion as proceeds of illegal payments made under the subsidy regime between 2017 and 2022. The revelation contained in a document published in the website of the Nigeria Financial Intelligence Unit on the National inherent risk assessment of money laundering and terrorist financing in the Nigerian extractive sector.
Source: saharareporters.com