Paris Club Debt Refund: EFCC Clears Governors

The Economic and Financial Crimes Commission (EFCC) has denied that it has found Senate president, Bukola Saraki, and a host of state governors guilty of allegedly pocketing billions of naira in Paris club loan refund.

Magu’s EFCC cleared Saraki of any indictment for now but says investigations are still ongoing.

In a statement released on Monday, February 13, the EFCC said not only was the story against Saraki and the governors untrue, also false were allegations that officials of the agency were trying to cover up the indictments.

The Commission says investigations are still ongoing on the case and no charges have been filed yet.

The statement read: “The attention of the Economic and Financial Crimes Commission, EFCC has been drawn to a report captioned, Nigerian State Governors, Senate President Saraki Pocketed Billions of Naira from Paris Loan Refund, which appeared in the online news portal, Sahara Reporters on Sunday February 12, 2017 .

“The report among others claimed that the Commission has indicted all the governors of the 36 states of the Federation and the Senate President, Bukola Saraki in the ongoing investigation of the reimbursement paid to state governments by the Federal Government for excessive deduction charged to them on account of the Paris Club and other international loans.

“The Commission wishes to state unequivocally, that no state governor or Senate President has been indicted so far by the investigation which is still at a preliminary stage. Also, insinuations about cover up by some officials of the Commission are untrue as there is no incentive to do so.”