EFCC Traces N400m of $2.1 Billion Arms Deal to Army Officer’s Account

It was gathered on Wednesday that the EFCC operatives were still investigating the account of the army officer, who featured in the procurement of arms in the immediate past administration, whom N400m out of the N2.1bn arms deal was traced to his account.

It was also learnt that the commission would next week invite nine prominent northerners, who were mentioned in a letter which a former Chairman of the Peoples Democratic Party’s Board of Trustees, Chief Tony Anenih, wrote to the anti-graft agency.

A senior operative of the commission said the EFCC was still probing other accounts of the army officer with a view to finding out if more discoveries could be made.The commission is planning to make a series of arrests in security circles very soon.

“Efforts are still being made on more investigation into the matter. The motive is to go after some of these funds that are in private accounts.”