The Chairman of the Economic and Financial Crimes Commission (EFCC) has announced a major crackdown on corruption in Nigeria’s real estate sector. According to him, findings by the anti-graft agency have revealed that several housing estates across the country are being financed with stolen public funds by corrupt civil servants.
“What we have been able to find out is that most of these estates are funded by civil servants who have stolen money,” he stated while addressing the press.
In response to this alarming discovery, the EFCC is launching a full-scale investigation into the ownership and funding of real estate properties nationwide. The goal, according to the chairman, is to trace and recover funds that have been looted from government coffers and laundered through property investments.
The announcement has sparked widespread reactions online, with many Nigerians calling for the names of the implicated individuals to be made public and for swift legal actions to follow.
The EFCC’s latest move signals a renewed effort to tackle systemic corruption, especially within the civil service, and send a strong message that illegal enrichment will not go unchecked.
