EFCC Boss Speaks on How Public Servants Redirect Unspent Budget to Personal Account [Video]

• EFCC Chairman Ola Olukoyede has accused certain public servants in ministries and agencies of diverting unspent budget allocations to private accounts
• Olukoyede criticized the pervasive theft by corrupt individuals, especially the misappropriation of unspent allocations within government agencies
• Olukoyede expressed confidence that the EFCC’s preventive measures would help combat corruption and ensure better governance in Nigeria

FCT, Abuja – The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has alleged that certain public servants within various ministries, departments, and agencies (MDAs) are redirecting unspent budget allocations to private accounts in commercial banks.

Olukoyede revealed that these funds are typically moved to the banks just before midnight at the end of each budget cycle.

He criticized the extent of theft by corrupt individuals in the country, particularly the misappropriation of unspent allocations within government …