There have been reports that the Economic and Financial Crimes Commission (EFCC) has decided to open investigations into activities of some serving ministers. The ministers involved in this investigations are mainly under Buhari’ s administration.
The investigation is in connection with financial crimes as hundreds of millions of naira were involved in the probe.
According to Punch, one of the ministers was being investigated on suspicious award of licences in his ministry.
According to the Punch source, one of the minister involved is said to have shares in a telecommunication firm, that aided the transfer of funds running into hundreds of millions of naira out of the country. According to the source: “The commission has commenced investigations into alleged corrupt practices by some serving ministers. “In fact, the cases against the two of them have got to an advanced stage.
One of them is from the South-West while the other is from the South-East. “The one from the South-West is under probe for alleged questionable award of licences to firms which involved billions of naira. His counterpart has a different case. “He is being probed for aiding illegal movement of millions of naira by a major telecommunication firm out of the country. The minister is believed to have some shares in the telecommunication firm. You can be sure that both cases are progressing and have got to an advanced stage.” More