EFCC uncovers another slush account
Release of third tranche threatened
Three more governors are believed to have diverted the London-Paris Club refund, Economic and Financial Crimes Commission (EFCC) sources said yesterday.
Besides, another slush account has been uncovered.
The governors and their cronies are under investigation.
Some of those implicated in the mismanagement and diversion of the refund will soon face trial, The Nation learnt.
Governors have been pushing for the release of the third tranche of the refund. President Muhammadu Buhari is said to be weighing the request.
Security reports allegedly indicted some governors of gross abuse of the cash.
According to a source, who gave an update on the investigation of the refund, all suspects will be brought to book.
The source said: “As part of the ongoing probe, we have traced diversion of funds to three more governors and their cronies. This is apart from two governors who have been fingered in such deals.
Source: The Nation