Abuja — The Senate, yesterday, said arrangements had been concluded to hand over companies found culpable in its investigation into alleged N30 trillion revenue scam in the import and export value chain to the Economic and Financial Crimes Commission, EFCC, for prosecution.
Speaking with journalists in Abuja, Chairman of the Joint Committee on Customs, Excise and Tariff and Marine Transport, Senator Hope Uzodinma (PDP, Imo West), said those to be handed over to the EFCC were found to have manipulated the foreign exchange procedure and also involved in money laundering, round tripping and abuse of foreign exchange manual.
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