Home FEATURES Police Recovers N470.5 Million, $8.9 Billion Loots From NNPC, Others

Police Recovers N470.5 Million, $8.9 Billion Loots From NNPC, Others

Nigeria police has announced the recovery of over N470 Million and $8.9 billion looted funds from mainly the Nigeria National Petorleum Corporation (NNPC).

In a statement today, Thursday, the Police Force Public Relations Officer, Acting DCP Jimoh Moshood, said that the recovery was sequel to the directive which the Inspector General of Police (IGP) Ibrahim K. Idris, gave to the Special Investigation Panel (SIP) and Task Force on Anti-Pipeline Vandalism which he created.

He gave the breakdown of the recovered funds as follows:

1: $470,519,889.10) belonging to NNPC BRASS/LNG INVESTMENT hidden in some commercial banks after the directives of the Federal Government on TSA.

2: The sum NGN8,807,264,834.96, which is the monies belonging to NNPC BRASS/LNG INVESTMENT, that was not remitted to TSA Account of the Federal Government was also recovered.

3: The Sum of NGN 114,290,000.00 in relation to the December 10th, 2016, National And State Assembly Re-Run Elections in Rivers State Of Nigeria was recovered from twenty-three (23) INEC Electoral officials.

Jimoh Moshood said that the Police, in the fight against Economic Sabotage and pipeline vandalism related crimes, also recovered two vessels, seven speed boats, 83 trucks, twenty-five assorted cars, including Jeeps, thirty-six buses, twenty-nine motorcycles, five speed boat engines and thirty-eight pumping/drilling machines and generators.

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“The total recoveries of Monetary and Non-Monetary Assets of the Federal Government by the Nigeria Police Force are:

Four Hundred and Seventy Million, Five Hundred and Nineteen Thousand, Eight Hundred and Eighty-Nine US Dollars and Ten Cents ($470,519,889.10).

Eight Billion, Nine Hundred and Twenty-One Million, Five Hundred and Fifty-Four Thousand, Eight Hundred and Thirty-Four Naira and Ninety-Six Kobo (NGN 8,921,554,834.96).

Two Vessels

Seven Speed Boats

Eighty-three Tanker Trucks

Sixty-one assorted Vehicles

Five Speed Boats Engines

Twenty-nine Motorcycles

Thirty-eight Pumping/Drilling Machines and Generators.

“While the Firearms Mop-up Operations and the recovery of monetary/non-monetary assets of Government are still ongoing, the Nigeria Police Force therefore implores Members of the Public with useful information that will assist the Police to report via the following contacts:  DIG Department of Operations: 08037025670

O/C IGP Special Investigation Panel: 08035891859

O/C IGP Monitoring Unit: 08032451594

O/C IGP Intelligence Response Team: 09098049333

“The commitment of the Nigeria Police Force to guarantee protection of Lives and Property and recovery of Government assets in the hands of unpatriotic individual(s), group(s) or corporate bodies across the country remains unequivocal and unwavering.”