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NEWS UPDATE: Illegitimate funds frustrating Nigeria’s economy – EFCC boss, Bawa

NEWS UPDATE: Illegitimate funds frustrating Nigeria’s economy – EFCC boss, Bawa

The Chairman, Economic and Financial Crimes Commission, Mr Abdulrasheed Bawa, has said that ill-conceived reserves finding their direction into the country’s economy are baffling monetary rivalries and arranging towards accomplishing financial growth.

Bawa said this while highlighting on Channels Television, on Friday.

He noticed that the commission is working perseveringly to shorten the problem.

Speaking on the risks of unlawful monetary streams into the Nigerian economy, the EFCC manager said: “it is a tremendous issue when you have ill-conceived reserves finding their direction into our economy.

“It shuts down every monetary contest and arranging towards accomplishing monetary development of the country. It is truly disturbing, that is the reason we are stressed over it.

“We are working with different partners to guarantee that what should be done, will be done to reduce the issue, ” he said.





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