The Economic and Financial Crimes Commission has given back N108 million it recovered from a fraud case involving two former workers to Karren Walters Attorneys in Lagos.
The anti-graft agency shared this news in a statement on Friday. They said the money, given in bank drafts, is part of what was recovered during the investigation into alleged abuse of office, forgery, stealing, and diversion by two past employees of the firm.
The EFCC said its investigations found that the suspects, Nkechi Gladys Megai, who has reportedly fled to the United Kingdom, and Godson Eze, a former Chief Financial Officer of the firm, misused their positions. They forged documents, created fake invoices in the names of the company’s real vendors, and diverted funds through illegal transactions over time.
The commission noted that these fraudulent payments added up to several hundreds of millions of naira.
During the handover ceremony, Bawa Usman Kaltungo, the Acting Zonal Director of the EFCC’s Lagos Zonal Directorate 2, spoke about the commission's commitment. He said the EFCC is focused on making sure that victims of economic and financial crimes get justice.
Kaltungo stated, “The Economic and Financial Crimes Commission remains committed to ensuring that victims of economic and financial crimes obtain justice and, where possible, recover assets fraudulently obtained from them.”
He also mentioned that the commission is determined to ensure that everyone involved in the fraud will face the law. He added, “Efforts are ongoing to ensure that all persons connected with the fraud, including those who have fled the country, are brought to justice in accordance with the law.”
The EFCC pointed out that the company’s legal representatives praised the commission for its hard work in investigating the case.
The statement said that the lawyers “expressed appreciation to the EFCC for its painstaking investigation, professionalism and commitment to recovering the stolen funds.”
The commission further added that the legal representatives assured them that “the recovered money would go a long way towards mitigating the losses suffered by the company.”
The EFCC mentioned that investigations are still ongoing as they increase efforts to catch all those involved in the alleged fraud.
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