EFCC Arrests Ex-Refinery MDs Over Alleged Mismanagement of $2.9 Billion
The Economic and Financial Crimes Commission (EFCC) has arrested several former Managing Directors and top officials of Nigeria’s state-owned refineries in connection with the alleged mismanagement of $2.96 billion earmarked for rehabilitation projects. The arrests, which followed months of investigation, involve former executives of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and