Government & Politics

$32m Recovered Halliburton Fund Goes Missing


About $32m, which was recovered by the federal government during an out of court settlement of the Halliburton scandal, has been declared missing, Leadership reports.

The Economic and Financial Crimes Commission (EFCC), reportedly raised the alarm over the issue on Wednesday.

The allegedly missing $32.5million was part of the over $180million recovered by five senior lawyers for the federal government, following negotiations and out-of-court settlement on the widely publicised scams – Halliburton, Siemens, Samprogetti and Japan Gasoline issues.

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The EFCC also said investigation in the matter had reached an advanced stage, and that those indicted would soon be charged to court.

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