The EFCC has recovered about $15 billion since the arms deal probe started, according to a report from The Nation.

“From our findings so far, the amount involved in the arms deals was over $15billion. The $2.1billion which you have written so much about is just one transaction into an account in the First Bank of Nigeria in New York," a source reportedly said.

“They moved the money into the FBN account from where they were disbursing and re-routing the cash. Our priority is to recover these funds but we will still prosecute the individuals and companies involved.

“Most of these companies were incorporated by serving military officers and these officers were the sole signatories into the accounts of these companies.

“All these suspects are not showing remorse, they think that they can go away with the fraud but we won’t allow them.

The anti-graft commission seized houses from a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, the official added.

”We have seized many houses belonging to Diezani and Omokore on Banana Island and other places. Also, a wristwatch of about £1.4million was seized from Omokore’s wife.

“From the former minister, we have retrieved a choice wrist watch worth £600,000 and jewelry in gold and diamond. We will soon show Nigerians all these items for them to appreciate what we have done and to learn some lessons," the official added.


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