Gist Coven

POLITICALLY exposed persons particularly, former governors, ministers as well as public servants who served in government between 1999 to 2015 have abandoned over N2.1 trillion in various banks across the country and would lose the monies because they have no Bank Verification Numbers, BVN identification. The newly discovery is notwithstanding recent court ruling vacating an interim forfeiture on account without BVN. A highly placed source at the Economic and Financial Crimes Commission, EFCC told Nigerian Pilot Weekend that notwithstanding a recent suspension order by the court which freeze accounts without BVN identification, that there were several accounts of possibly politically exposed persons who are not willing to lay claim to such funds for fear of being quizzed and prosecuted by security agencies for stealing and embezzlement, still lodged in the various banks nationwide. According to the highly placed anti graft operative, the current chunk of uncovered funds are ...