EFCC returns N108m recovered from fleeing Lagos firm staff

Nigeria's Economic and Financial Crimes Commission (EFCC) has handed over N108 million, recovered from an alleged fraud involving two former employees, to Karren Walters Attorneys in Lagos. The funds, presented in bank drafts, represent a portion of money recouped during an investigation into alleged abuse of office, forgery, stealing, and diversion.

According to the EFCC, investigations revealed that Nkechi Gladys Megai, who allegedly fled to the United Kingdom, and Godson Eze, the company's former Chief Financial Officer, abused their positions. They are accused of forging documents, creating fake invoices for legitimate vendors, and diverting funds through fraudulent transactions over an extended period. The commission stated that these fraudulent payments amounted to hundreds of millions of naira.

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The Economic and Financial Crimes Commission remains committed to ensuring that victims of economic and financial crimes obtain justice and, where possible, recover assets fraudulently obtained from them.

During the handover ceremony, Assistant Commander of the EFCC, Bawa Usman Kaltungo, reaffirmed the agency's commitment to ensuring victims of economic and financial crimes achieve justice and recover stolen assets. "The Economic and Financial Crimes Commission remains committed to ensuring that victims of economic and financial crimes obtain justice and, where possible, recover assets fraudulently obtained from them," Kaltungo said.

Kaltungo added that the EFCC is determined to bring all individuals connected to the alleged fraud to justice, including those who have absconded. The company's legal representatives commended the EFCC for its diligence, professionalism, and commitment to recovering the stolen funds, assuring that the recovered money would help mitigate the company's losses. The EFCC confirmed that investigations are ongoing to apprehend all parties involved.

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Efforts are ongoing to ensure that all persons connected with the fraud, including those who have fled the country, are brought to justice in accordance with the law.