The acting Chairman of
the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said 60
percent of looted funds is still hidden in Nigeria.
He
made this known on Wednesday in Abuja during an interactive session with
journalists at the EFCC head office.
He
appealed to Nigerians to take advantage of government’s whistle blower policy
which enabled the commission recover over 40 million dollars at an apartment in
Ikoyi, Lagos state.
He
noted that 60 percent of looted state funds are still being kept in both
foreign and local currencies such as the Ikoyi Gate loot.
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