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Another distortion of facts??


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?”Economic and Financial Crimes Commission, EFCC, yesterday said it recovered $1.5 billion from “just one convict,” Mrs Cecillia Ibru, former Managing Director of Oceanic Bank Plc.” Thisday. $1.5b is about N225b and roughly 10% of our external reserves and about 7.5% of our budget. Can this be true? Or is it another “Sensationalization of Facts”?


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?”Economic and Financial Crimes Commission, EFCC, yesterday said it recovered $1.5 billion from “just one convict,” Mrs Cecillia Ibru, former Managing Director of Oceanic Bank Plc.” Thisday.

$1.5b is about N225b and roughly 10% of our external reserves and about 7.5% of our budget. Can this be true? Or is it another “Sensationalization of Facts”?





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