Sun. Nov 29th, 2020

Reference Daily News

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EFCC Commence Investigation Of Vice President’s Firm And Alpha Beta Firm Over N100 Billion

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he Economic and Financial Crimes Commission (EFCC) on Saturday revealed that they had commenced an investigation concerning an alleged N100 billion Alpha Beta scam which affects the firm of the Vice President, Prof. Yemi Osinbajo (SAN).

Tony Orilade, the EFCC spokesman, made this known through a statement.


Reacting to an alleged N100 billion Alpha Beta scam linked to Osinbajo’s firm, he said, “While not denying the fact that such petition was received on Alpha Beta by the commission last year, the preliminary investigation has shown that the petitioner did not substantiate the allegation contained in his appeal.

“For the records, the Alpha Beta investigation is ongoing, and we have nothing to hide over the matter. If the petitioner has any further proof with regards to the petition, our doors are wide open.

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“As a tradition, we do not deal with hearsay. We act on facts and raw data. The commission will not allow anybody to drag its name and reputation into the mud for ill-motive reasons.”

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