The Economic and Financial Crimes Commission (EFCC) has promised to recover the N1.3 trillion investments allegedly lost by some Nigerians in CryptoBank Exchange scam by collaborating with Interpol and other international agencies.
The anti-graft agency’s spokesman, Dele Oyewale, who made the vow when he featured in an interview on Channels Television, debunked insinuations in some section of the public that the Commission would neglect victims of the scam.
Oyewale made this commitment while addressing concerns about the huge loss by Nigerians to the digital investment platform currently under investigation for fraud amounting to N1.3 trillion.
He assured: “No, certainly no, it would be very irresponsible and unprofessional of the EFCC to say that, there is nothing the Commission can do about it. Investors are going to get their money back. And we are already working on that.
“We are already working with Interpol, and we are already working with our international development agencies to ensure that these people are brought to book.
“We are talking to Interpol, we are talking to all the necessary agencies across the world to be able to bring all the actors, we are going to bring them to book. And investors, they are going to have their money back.
“It may not be in the short term, but I can assure you that the Commission, as the leading anti-corruption agency in Nigeria, is not going to allow investors to just lose their money like that”, Oyewale added.
According to him, the commission will not abdicate its responsibility or act helplessly in the face of such large-scale fraud, pointing out that escapism is not a solution to any problem.
Oyewale maintained: “We are more responsible, we are more professional than that. So we are already, we have spread out our wings.
“We are going to do our work. But I’m just saying that to avoid future occurrence of this kind of thing, there are some things that Nigerians also need to pay attention to. But at least there is a shaft of light at the end of the tunnel”, he stressed.
To avert future losses to Nigerians and other investors in cryptocurrency, Oyewale advised members of the public to exercise greater caution with future investments by thoroughly scrutinizing crypto offers and getting better informed about the risks.
