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Politicians hoarding old notes for vote buying – EFCC


The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has said politicians are stockpiling old notes for vote-buying on Saturday when the nation holds its presidential election.

Bawa, however, stated that operatives of the EFCC will be at polling booths across the country to monitor the election.

The EFCC boss made this known on Wednesday during an interview on Channels Television’s amid the scarcity of the new naira notes experienced by Nigerians nationwide.

He said, “We have intelligence that a lot of politicians have bought some items that they will use to buy votes in kind and not in cash. But we are prepared for any situation and will not hesitate to arrest anyone caught in the act. We will watch out for all these things on election day.

Bawa revealed that public officials, corrupt businessmen and some governors were allegedly hoarding old and new naira notes with the intent to buy votes during the presidential election scheduled to hold on Saturday.

According to him, the agency is aware of the tactics used by vote buyers and officials are prepared to handle any situation that may arise.

“I don’t want to say only governors are hoarding naira notes, there are public servants out there doing the same thing or some businessmen with questionable characters are still having these funds in their homes. So, I don’t want to say governors are these but I will say that public servants, either retired or serving and some businessmen with questionable characters are on our radar.

The biggest hurdle is if Nigerians don’t buy into what we are doing but I believe once we are united, we would be able to take inadequacies out of our system,” he stated.


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