The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Lamorde, has disclosed that the anti-graft agency has so far recovered N4.3billion from suspects involved in the petroleum subsidy scam.
Mr. Lamorde made the disclosure on Tuesday when the management of the Petroleum Products Pricing Regulatory Agency (PPPRA) led by its Executive Secretary, Farouk Ahmed, paid him a courtesy visit in his office in Abuja.
The EFCC boss said the collaboration between the two agencies was pivotal to the commission?s institution of court cases against 13 oil marketers indicted in the investigations into the fraud in the oil subsidy regime.
He called for a sustained partnership between the agencies in order to sanitize the petroleum industry, adding that such collaboration was imperative as the commission will regularly seek for information and documents from the PPPRA.
According to him, pressure may also come from the EFCC on staff of PPPRA as they will be required to testify in court or provide evidence for the prosecution of those involved in subsidy scam.
?I know pressure will be put on your staff. Please bear with us. It is because of the need to sanitize the country,? he said.
Earlier, the PPPRA chief executive, Ahmed, thanked the EFCC chairman for receiving his team.
He said the visit was to further consolidate the relationship between the EFCC and PPPRA.
Ahmed who commended the EFCC for its effort to rid the country of economic and financial crimes said he was looking forward to a more effective collaboration between the two agencies. He requested the EFCC to detail a staff to the agency to ensure seamless collaboration.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.