Rivers ranks second in money laundering – EFCC

The Economic and Financial Crimes Commission (EFCC) has rated Rivers as the state with the second highest number of laundering cases in the country.

EFCC Acting Chairman Ibrahim Magu disclosed these to journalists in the Port-Harcourt during a one-day official visit to the state on Tuesday.

He vowed that the judgement stopping the commission from investigating the State governors of economic crimes will soon be quashed.

The EFCC boss, who said the Commission will leave nothing upturned to track and expose every form of criminal activities in the country, also blamed the huge oil deposit nature of the state for the high level of economic and financial crimes cases in the place but noted that the agency will leave nothing undone to ensure that this ugly situation was reduced, if not eradicated.

He said: “I think Rivers State is the next to Lagos in terms of crime, this is the headquarter of money laundering, because there is a lot of oil money, bunker money here.