The Economic and Financial Crimes Commission (EFCC) has recovered N500 million said to be part of the Paris Club refund, kept with a mortgage firm by a governor, The Nation reports.
According to the newspaper, a source said officials of the mortgage firm also made a statement confirming that the governor owns the N500million.
“When EFCC detectives traced the governor’s loot of N500million from the London-Paris Club refund to the account of the mortgage company, the firm wasted no time in disclosing the source.
“The mortgage firm has surrendered the cash to us; we have it in our custody. And on Monday (yesterday), we filed an application before the court for an interim forfeiture of the N500million in order to legalise its custody.
“The purported owner of the cash has a two-week deadline to come forward to claim it or have it forfeited permanently to the Federal Government.”
He added that the governor has a mortgage collaboration with the firm where the N500million was wired.
The source told The Nation that all those connected with the cash, including some consultancy firms had been named in court.