A former chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has alleged a staggering scale of corrupt practices used to siphon public funds under the guise of fuel subsidy payments.
Bawa revealed this in his book, titled ‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud,’ according to a statement on Monday.
The statement said the book exposes Nigeria’s multi-trillion-naira fuel subsidy scandal, unraveling the inner workings of one of the country’s most pervasive financial crimes.
Bawa, drawing from his firsthand experience as a key investigator on the EFCC’s special team that probed the 2012 subsidy fraud, reveals the complexity, and audacity of the corrupt schemes used. (Channels)
