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Federal Government Setup Panel To Probe EFCC & ICPC

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The Federal Government has set up a presidential committee to investigate high-profile corruption cases allegedly compromised by the Economic and Financial Crimes Commission.

The committee, which is under the office of the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, is broadly named Presidential Committee on Verification of Assets.

Our correspondent learnt that the committee, which had yet to be inaugurated as of Tuesday, had been split into three sub committees.

One of the subcommittees is primarily charged with the verification of looted assets recovered by the EFCC while another subcommittee will have similar focus on recovered loot by the Independent Corrupt Practices and other related offences Commission.

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The third subcommittee, according to a source in the Federal Ministry of Justice, will probe the alleged fraud in the nation’s pension scheme.

A document obtained from a source in the ministry on Tuesday by our correspondent shows that in addition to verifying recovered assets, one of the subcommittees will probe petitions alleging corruption against individuals and organisations whose cases were either compromised by the EFCC or not investigated at all.

The tasks of the subcommittees, according to the document, are, “To identify all parties that engaged in conspiratorial fraudulent activities at EFCC that led to financial loss to the FGN.

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