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EFCC Recovers N7.8 Million from Benue Investment and Property Company (BIPC)

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The Economic and Financial Crimes Commission (EFCC) has successfully recovered N7.8 million in stolen funds from the Benue Investment and Property Company Limited (BIPC).

The Managing Director and Chief Executive Officer of BIPC, Dr. Raymond Asemakaha Jr., confirmed this noteworthy achievement during a press briefing held on Tuesday at the company’s headquarters in Makurdi.

Dr Asemakaha Jr. revealed that the recovered funds have been handed over to Benue Investment and Property Company, with ongoing efforts to retrieve more illicitly obtained funds. He emphasized the positive impact of this recovery on strengthening the agency’s integrity and fostering a culture of accountability, particularly under the leadership of His Excellency Rev Fr Hyacinth Alia.

Commending the EFCC for its proactive measures, Dr. Asemakaha Jr. praised the agency’s effectiveness in combatting fraudulent activities perpetrated by corrupt officials. He applauded the professionalism and dedication demonstrated by the anti-graft agency in upholding justice and combating financial crimes.

“This successful recovery highlights the importance of rigorous investigative procedures and a steadfast commitment to maintaining integrity in financial transactions,” stated Dr. Asemakaha Jr., underscoring the significance of ethical conduct in governance and financial management.

The EFCC’s swift action in recovering stolen funds from BIPC underscores its continued efforts to tackle corruption and promote transparency in Nigeria’s economic landscape.

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