Ibrahim Magu, the Acting Chairman
of the Economic and Financial Crime Commission, EFCC, has revealed where
corrupt Nigerians invest the proceeds of their loots.
The EFCC boss disclosed that
these corrupt Nigerians use the proceeds of their loots to purchase real
estates in Dubai and the United Kingdom, UK.
Magu made the disclosure during
the NIESV workshop and was contained in a tweet on the agency’s Twitter handle,
on Friday.
The tweet reads, “Corrupt
individuals are using proceeds of corruption to acquire real estate in Dubai,
UK.” – Ibrahim Magu at NIESV workshop.”
Magu’s claim is coming at a time
when Magu claimed that more than N30 billion looted funds have been
recovered since the commencement of the whistleblowing policy.
The EFCC Chairman stated this
yesterday at the launch of the whistle-blower support project tagged,
‘Corruption Anonymous’ (CORA).
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