Cecilia Ibru: EFCC Heads For UK On Who Relooted Looted Funds

 Determined to recover the cash realised from the sale of 61 assets traced to a former Chief Executive Officer of the defunct Oceanic Bank, the Economic and Financial Crimes Commission (EFCC) has written to the National Crime Agency (NCA) in the United Kingdom to probe some suspects.
Besides, the anti-graft commission has identified two accounts in which the proceeds of the sale are suspected to have been deposited.
The accounts in Natwest Bank are 64535088(Sort Code 515001) and 77898583(Sort Code 50310) in a branch of the bank in Kensington Royal Garden.
About $112,000 was purportedly traced to account 64535088; about $209,000 was reportedly found in the second account.
The EFCC traced 61 assets to, including 41 shops, 16 mansions and four Park Towers, in Dubai.
Although all the properties were confiscated, their sale has been trailed with a fresh controversy because about $4,522,413.20 has remained unaccounted for in the last seven years.
Out of over $7million purportedly realised from the disposal of the properties, the Assets Management Corporation of Nigeria( AMCON)  received $3,278,238.69 .
A UK-based counsel, Mr. Williams Akintunde Oluwaseun, who handled the sale, insisted that only $4,406, 826.63 was realised.
But he has not accounted for the $1, 128,587.94 difference in what he remitted to AMCON.
The EFCC has written to NCA to “assist in the full scale investigation of the activities of some people and the laundering of the proceeds of Dubai portfolios”.