EFCC probes N500m missing Chibok school funds

The Economic and Financial Crimes Commission (EFCC) said it is considering a petition requesting investigation of an alleged missing N500 million meant for rehabilitation of the Government Girls School in Chibok.

The petition dated 27 December 2016 was sent to the EFCC chairman, Ibrahim Magu by the Socio-Economic Rights and Accountability Project (SERAP). The alleged missing N500m is under the Safe School funds for Chibok girls, commissioned by former Minister of Finance, Dr. Ngozi Okonjo-Iweala to rebuild the school.

This development was disclosed yesterday by SERAP senior staff attorney Timothy Adewale.

Adewale said: “We have received confirmation from the EFCC that the body is looking into our petition. The EFCC has also expressed its determination to diligently investigate the allegation of the missing N500m Safe School funds for Chibok girls, and sought additional information from SERAP.”

“SERAP appreciates the prompt attention the EFCC has given to the matter, and our organization is committed to sending to the EFCC additional information including any available documentary evidence in our possession in order to enable the anticorruption body to get to the root of the matter, identify suspected perpetrators and bring them to justice, as well as recover any missing funds.”