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EFCC allegedly begins probe of bank accounts of ‘protest sponsors’

EFCC Office

Economic and Financial Crimes Commission (EFCC) has allegedly commenced investigations into the bank accounts of individuals and organizations allegedly sponsoring the planned nationwide protest, according to reports by Daily Trust.

The anti-graft agency was allegedly directed to collaborate with the Department of State Services (DSS) to gather comprehensive details about the sponsors of the protest.

Daily Trust reported that a senior EFCC official, who spoke on condition of anonymity, said the agency has obtained detailed information on the identified sponsors and has already begun probing their bank accounts.

“This investigation aims to understand the extent of their involvement, especially if violence erupts during the protests,” the official said. “We want to ensure that terrorism funding is prevented.”

The EFCC source disclosed that the agency has flagged several bank accounts, many of which received funds from foreign countries. “We have begun investigations on them in earnest. We want to know the real intention behind these transactions,” the official added.

When asked about potential sanctions if the sponsors are found guilty, the EFCC official stated that the law would be applied appropriately, and the individuals would be charged accordingly.

The source also mentioned that the EFCC was tasked with this responsibility due to the sophisticated equipment at its disposal, enabling a thorough investigation into the matter.

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