A whopping N26billion has been traced by operatives of the Economic and Financial Crimes Commission (EFCC) to accounts earlier declared dormant at three commercial banks based in Lagos. Spokesperson of the anti-graft body, Femi Babafemi, refused to speak on the matter on the grounds that he was yet to be properly briefed on the subject.
Operatives of the EFCC have been sniffing around banks in the country, since the tracing of over N12b cash to accounts allegedly belonging to serving directors in the civil service. A top EFCC source said that the agency was working on the matter round the clock and had made substantial progress in that regard.
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