BY Soni Daniel, Regional Editor, North
Abuja—Apparently trying to play down on its true financial status, the Economic and Financial Crimes Commission, EFCC, has said it was not broke.

The commission had come under pressure from its sponsors, which regarded the claim of poor funding as an attempt by the Federal Government to weaken the graft war, one of the allegations contained in the the controversial letter written to Jonathan by former President Olusegun Obasanjo.
It was learnt the leadership of the commission had been hard put to explain why such a claim considered disparaging by the government  was made by its top official in the public.

EFCC’s new helmsman: Ibrahim Lamorde.

The commission in a statement yesterday said it was not true that it had less than N2 million in its account.
Spokesman for the commission, Mr. Wilson Uwujaren, said reports credited to the secretary to the commission, Mr. Emmanuel Aremo, during an appearance before the National Assembly, was a misrepresentation of what the scribe actually meant.

Wilson said: “The mention of N2 million by Aremo was not in respect of the total financial health of the EFCC, but a direct response to a remark by the chairman of the Committee, Senator Victor Lar, to the effect that his committee had observed during an oversight visit to the Nigerian Financial Intelligence Unit, NFIU, that it had no power generating set, while its ceiling had caved in.
“To this, Aremo remarked that the commission had complained to the committee during the visit on the state of its finances and that the situation has not improved.