The Chairman of the Economic and Financial Crimes Commission (EFCC), Mister Ibrahim Lamorde said the Commission had secured a restraining order on the United Kingdom accounts of some fuel subsidy fraudsters.
Speaking when the British High Commissioner to Nigeria, Doctor Andrew Pocock paid him a courtesy visit, Mister Lamorde explained that the EFCC was formalising ways of getting the funds forfeited and repatriated to Nigeria.
The EFCC chairman said the restraining order secured by the Commission in the UK was as a result of the wonderful relationship the Commission had enjoyed and is still enjoying from the UK in recent times.
Earlier, Doctor Pocock had observed that owing to corruption in allocation and delivery process, cost of infrastructure in Nigeria has been three times higher than it ought to be.
He, however, expressed optimism that if Nigeria got it right in the power sector privatisation, the country would be on the verge of an industrial revolution.