The Economic and Financial Crimes Commission (EFCC) has started an investigation into the petroleum sector and the role of former Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke.

The Acting chairman of the EFCC, Ibrahim Magu who revealed the probe of Allison-Madueke and Okonjo-Iweala spoke at the 2016 budget defence session with the House of Representatives Committee on Financial Crimes yesterday .

He said:  “We are investigating the former ministers, Diezani Allison-Madueke and Okonjo-Iweala, as well as the petroleum sector”, in response to a question by one of the committee members.

Earlier, Magu had sought the support of the committee to get a budget of N11.4billion for the EFCC in 2016. Some of the areas where the budget will be needed, according to him, include the completion of the EFCC headquarters complex under construction, training and re-training of staff, recruitment and training of additional 750 staff in 2016, as well as in the area of investigation activities. Earlier, chairman of the House committee, Kayode Oladele had assured EFCC of its support.

Credit: Guardian