EFCC Traces CBEX Funds To Four Countries, Says Full Recovery Impossible

The Economic and Financial Crimes Commission (EFCC) says it has traced funds linked to the failed crypto bridge exchange (CBEX) scheme to at least four countries. Speaking on Politics Today, a Channels Television programme, on Wednesday, Ola Olukoyede, EFCC chairman, said although efforts are underway to recover the stolen funds, full restitution to victims may be impossible. Olukoyede said several accounts have been blocked and funds frozen, although the amounts cannot be disclosed yet. READ ALSO: Saudi Arabia Imposes $26,661 Fine On Hajj Visa Violators
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