Breaking: $12.9 Billion Arms Scandal Again

The Nation newspaper is reporting that the Economic and Financial Crimes Commission has uncovered another $12.9 Billion Arms deal Scandal under the President Goodluck Jonathan Administration. It has flagged and frozen an account with $500 Million whose owners haven't been traced. Investigations are still ongoing.
The EFCC source is quoted as saying “From our findings so far, the amount involved in the arms deals was over $15billion. The $2.1billion which you have heard so much about is just one transaction into an account in the First Bank of Nigeria in New York.
“They moved the money into the FBN account from where they were disbursing and re-routing the cash. Our priority is to recover these funds but we will still prosecute the individuals and companies involved.”  The source also stated that what the EFCC has recovered in just one year is more than the total recovery by the EFCC since inception while also giving insights into the probe of Mrs Diezani Alison-Madueke and businessman Jide Omokore.