The Financial and Monetary Crimes Fee (EFCC) has said that the N50 billion given to the Nigerian Training Mortgage Fund (NELFUND) was not a donation from the company however a part of the recovered loot given for pupil loans as directed by the president.
Reacting to report that the funds have been donations to NELFUND, the EFCC spokesperson, Dele Oyewale mentioned, “The mentioned fund was not a donation by the fee however a part of the recovered proceeds of crime remitted to the federal government.”
He additional mentioned, the fee doesn’t have the suitable to find out the right way to disburse recovered loot however solely observe the directive of the president.
