The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the extent of corruption within the power sector is distressing enough to bring people to tears.
Olukoyede made the revelation during an oversight visit by the House of Representatives Committee on Financial Crimes to the EFCC’s headquarters in Abuja, on Tuesday, November 12.
“As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears.
People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0.
Every time you see the thing tripping off, the thing gets burnt, and all of that, it falters and it collapses. It’s part of our problems,” he said.
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