ABUJA — Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has assured Nigerians that no recovered asset will be mismanaged under his leadership.
Olukoyede gave the assurance on Tuesday while weighing into the ongoing debate over the management of forfeited and recovered assets.
In a statement posted on his X handle, the EFCC chairman said his position was based on practical experience, having previously served as Secretary of the commission and managed recovered assets for several years.
He opposed calls for the establishment of a single agency to manage all assets recovered by government agencies, arguing that similar arrangements in other countries had failed.
Olukoyede cited the United Kingdom, where he said an attempt to create a central agency for recovered assets cost more than £34 million before being scrapped within a year.
