The Economic and Financial Crimes Commission (EFCC) on Wednesday handed over a total sum of N3.9 billion recovered proceeds of fraud to the Nigerian National Petroleum Company Limited (NNPCL).
The anti-graft agency disclosed this in a statement released on Wednesday.
The presentation was made on behalf of the Chairman of the Commission, Ola Olukoyede, by the Secretary to the Commission, Mohammed Hammajoda, at a ceremony held at the EFCC headquarters in Abuja.
Hammajoda said the funds were recovered through investigations that led to the uncovering of fraudulent engagements by some actors in the NNPCL.
Receiving the funds on behalf of NNPCL, the Executive Vice President, Downstream, Mumuni Dagazau, thanked the Commission for its assistance in the recovery, “which goes to show the core unity that exists in our system.”
Earlier this year, the EFCC arraigned two suspects for their alleged involvement in a N600 million job fraud linked to the NNPCL.
This is according to a statement on X by the EFCC on February 9, 2026.
The commission said the alleged offences contravene sections of the Advance Fee Fraud and Other Fraud Related Offences Act, as well as the Penal Code Law on forgery.
Controversy has been trailing fund accountability in the NNPCL in recent times.
Wadada said the Senate did not accuse the NNPCL of theft but was demanding accountability for the N210 trillion flagged in the audit, in line with its duty to ensure transparency and accountability in the management of public funds.