EFCC returns N279m recovered from National Theatre contract fraud

The Economic and Financial Crimes Commission, EFCC, has handed implicit a full of N279 cardinal recovered from a fraud lawsuit to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known arsenic the National Theatre Lagos.

The wealth was officially handed implicit during a ceremonial held connected Friday, astatine the EFCC’s Lagos Zonal Directorate 2 bureau successful Ikoyi, Lagos.

The recovered funds were returned arsenic portion of the commission’s efforts to combat corruption and guarantee that nationalist wealth taken illegally is returned to the rightful institution.

According to the connection by EFCC, the lawsuit began successful 2009 erstwhile Kabir Yusuf, who was past the General Manager and Chief Executive Officer of the National Theatre, submitted a petition to the EFCC. In the petition, helium accused Prince Benjamin Apugo and different individuals of wrongdoing successful transportation with a declaration task astatine the National Theatre.

According to the petition, a declaration valued astatine N299,707,828.00 was awarded done the Ministry of Tourism, Culture and National Orientation to Techno Exportstroy Nigeria Limited. The declaration was meant for the operation of 5 gates arsenic good arsenic soil filling and reclamation enactment astatine the National Theatre complex.

After investigating the matter, the EFCC discovered that Yusu...