EFCC Set to Probe Real Estate Sector – Olukoyede

EFCC set to probe real estate sector – Olukoyede

The EFCC chair said some estates in Abuja are abandoned because they were funded with stolen public funds by civil servants who either lost their jobs or had their illegal income sources cut off.

EFCC Links Abandoned Abuja Estates to Corrupt Civil Servants

The Economic and Financial Crimes Commission (EFCC), on August 5, 2025, revealed that many abandoned estates in Abuja are owned by corrupt civil servants who amassed wealth through illicit means. Chairman Ola Olukoyede, speaking in Abuja, said 60% of the Federal Capital Territory’s 500 uncompleted estates, worth ₦1 trillion, are linked to public officials exploiting Nigeria’s $50 billion real estate sector. The EFCC’s probe, launched in 2024, un…

Civil Servants Built Estates with Stolen Funds — EFCC - Economi Confidential

Civil Servants Built Estates with Stolen Funds — EFCC Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that many abandoned estates in the Federal Capital Territory (FCT) were built by civil servants using stolen public funds. Olukoyede spoke in Abuja on Wednesday at a policy dialogue organised by Law Corridor […] The post Civil Servants Built Estates with Stolen Funds — EFCC appeared first on Economi C…

Many abandoned estates in Abuja owned by civil servants who stole public funds - EFCC boss, Olukoyede - Expressive Info

Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), has said that many abandoned estates in the federal capital territory (FCT) are owned by civil servants who…Continue Reading→

EFCC Chairman: Corrupt Civil Servants Own Numerous Abandoned Estates in Abuja

Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), has revealed that many abandoned estates in the Federal Capital Territory (FCT) are owned by civil servants who amassed wealth through corrupt practices. Speaking at a policy dialogue organized by Law Corridor on August 6, 2025, themed “Critical Issues Affecting Nigeria’s Real Estate Ecosystem,” Olukoyede announced that the EFCC has formed a special team to investiga…

Civil servants used public funds stolen to build estates – EFCC

Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has said many abandoned estates in the Federal Capital Territory (FCT) are owned by civil servants who have stolen money. Olukoyede said this in Abuja on Wednesday at a policy dialogue organised by Law Corridor with the theme, “Critical Issues Affecting Nigeria’s Real Estate […] The post Civil servants used public funds stolen to build estates – EFCC first appeared o…