NSA denies custody of $44m Ikoyi flat recovered loot

The Office of the National Security Adviser on Tuesday denied the claims made by the Economic, Financial and other Crimes Commission (EFCC) that it is keeping the $44m recovered from a flat in eyebrow Ikoyi, Lagos in 2018.

The denial came when the Director of Finance in NSA office, Brigadier-General Ja’afaru Mohammed appeared before the House of Representatives adhoc committee probing the whereabout of the funds.

The committee is investigating the management of recovered funds by various agencies of government between 2002 and 2020.

In his submission, Mohammed debunked the claim by the Chairman of the EFCC, Abdulrasheed Bawa, maintaining that the ONSA has nothing to do with recovered funds and assets.

Mohammed told the Committee that the NIA money was not with the ONSA and that the office has nothing to do with recovered funds or the management of such.

He explained that the only money recovered from the NIA was about 41 million dollars which was the funds of the NIA which has been returned to the office on the directive of the President.

He said “the NIA was under investigation and the President directed that the ONSA should take charge of the place. I was sent there to take charge of the funds of the agency. I went there and counted the money in their vault and it was about 41 million dollars.

“We kept that money and after the investigation, the President ordered that the money be returned to the agency. We have returned it to the owners as directed by the President.”

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