Skip to content
October 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • EFCC, FBI Partner to Investigate Alleged Mismanagement of Discontinued USAID Funds
  • National News

EFCC, FBI Partner to Investigate Alleged Mismanagement of Discontinued USAID Funds

Admin September 11, 2026
Scammers

EFCC office

Scammers

The Economic and Financial Crimes Commission (EFCC) and the United States Federal Bureau of Investigation (FBI) have reaffirmed their commitment to deepening operational synergy, intelligence sharing, and strategic collaboration to investigate the alleged diversion of funds provided under U.S. government-supported initiatives.

The joint resolve was declared on Thursday, September 10, 2026, during a courtesy visit to the Lagos Zonal Directorate 2 of the EFCC.

The FBI delegation was led by Macus Maccain, Assistant Law Enforcement Attaché, and received by ACE I Bawa Usman Kaltungo, Acting Zonal Director of the EFCC.

According to Maccain, the meeting aimed to strengthen existing ties to track potential financial irregularities in organizations funded by the United States Agency for International Development (USAID), particularly those involved in HIV and tuberculosis interventions.

He noted that the probe follows the U.S. government’s decision to shut down several USAID programs in 2025, which raised red flags regarding unspent or active funds remaining with implementing entities.

“We are seeking stronger engagement with the EFCC to establish how the funds were managed and identify possible financial misconduct arising from the termination of the programmes,” Maccain stated.

Adding to the delegation’s position, Jeremy Kennon, Special Agent with the U.S. Department of State Office of Inspector General, explained that joint agreements had previously funded organizations establishing one-stop treatment centers.

However, subsequent audits revealed inflated budgets and financial discrepancies across Kano State, other Nigerian states, and internationally.

Kennon emphasized the FBI’s goal of establishing a long-term, reciprocal information-sharing partnership with the EFCC to address the issue.

Responding on behalf of EFCC Chairman Ola Olukoyede, Kaltungo welcomed the delegation and highlighted the long-standing law enforcement relationship between Nigeria and the United States.

He pledged that the EFCC would conduct a nationwide, coordinated investigation to trace the movement of the USAID funds to their ultimate beneficiaries.

“Tracing the funds will enable investigators to establish how the money was spent, whether it was deployed for its intended purposes, or if any portion was mismanaged following the cancellation of the programmes,” Kaltungo assured.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: EFCC FBI Macus Maccain USAID

Post navigation

Previous Christian faith does not require abandoning good values, cultural heritage, Onwualu tells Anioma
Next Court Jails Fake Spiritualist for Sextortion in Abuja

Related Stories

Navy rescues 2 kidnapped victims from Pirates in Akwa Ibom Naval rating arrested
  • National News

Navy rescues 2 kidnapped victims from Pirates in Akwa Ibom

October 1, 2026
Nigeria @66: Akpabio celebrates Nigerians’ resilience; urges love, unity
  • National News

Nigeria @66: Akpabio celebrates Nigerians’ resilience; urges love, unity

October 1, 2026
Drug Abuse Accounts for 50% of Psychiatric Cases, Says Kaduna Neuro-Psychiatric Hospital Boss daily doses
  • National News

Drug Abuse Accounts for 50% of Psychiatric Cases, Says Kaduna Neuro-Psychiatric Hospital Boss

September 30, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Navy rescues 2 kidnapped victims from Pirates in Akwa Ibom Naval rating arrested
  • National News

Navy rescues 2 kidnapped victims from Pirates in Akwa Ibom

October 1, 2026
Coscharis interview and the Peter Obi question, by Valentine Obienyem
  • Commentaries

Coscharis interview and the Peter Obi question, by Valentine Obienyem

October 1, 2026
20 YEARS OF IMPACT: Reachout Nigeria marks 20th edition with 100 million copies of Rhapsody of Realities *#HealingStreams Live
  • Society

20 YEARS OF IMPACT: Reachout Nigeria marks 20th edition with 100 million copies of Rhapsody of Realities

October 1, 2026
We have crossed the Red Sea, prosperity is next – Tinubu tells Nigerians in Independence Day message
  • Special Reports

We have crossed the Red Sea, prosperity is next – Tinubu tells Nigerians in Independence Day message

October 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.