, EFCC goes after 3 Governors for stashing cash in houses -

EFCC goes after 3 Governors for stashing cash in houses

Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said that some governors are all out devising means to launder money they stashed in houses.

Newscrescent reports that according to Bawa, so far, the agency is closely monitoring three of them.

While Bawa didn’t name them, he said two are from the North, while one is a Southerner.

“Let me tell you something, the Intel that I have yesterday and I would want you to take this thing very seriously. Already, some state governors that have some of this cash stashed in various houses and the rest are now trying to pay salaries in cash in their state,” he told the reporter.

Asked whether the commission would invite the governors, the EFCC boss stated that they are closely monitoring them.

He added: “I don’t know how they want to achieve that but we have to stop them from doing that.

“Well, we are working, they have not paid the salaries in cash yet but it is a very serious thing”, saying the move is against section 2 of the Money Laundering Prohibition Act.

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