EFCC recovers N297m for BoA in Kebbi, Kaduna
Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Office, has recovered N297 million diverted from the Bank of Agriculture (BoA) in Kebbi and Kaduna states. A statement by the spokesman of the commission, Mr Wilson Uwujaren, said the funds were diverted by beneficiaries of the Central Bank of Nigeria (CBN) Anchor Borrowers Programme, disbursed by BoA. Ibrahim Bappa, Head of Operations of the EFCC office in Kaduna , formally presented a bank draft for the N102 million to Mohammed Babangida, representative of the BoA Managing Director. Bappa assured the bank that the EFCC would continue to assist it in the discharge of its statutory duties. He, however, decried the worrisome trend in which beneficiaries of the scheme diverted the funds, and urged the BOA to ensure proper orientation before loans were disbursed. Responding, Babangida lauded the efforts of the EFCC in the recovery, saying the action had restored confidence in the bank. The EF...