EFCC's powers exclude debt recovery, collection, says Court

By Ola Ajayi
AN Oyo State High Court has declared that attempts by the Economic and Financial Crimes Commission (EFCC) to extend its powers to debt collection or recovery will be tantamount to “meddlesomeness and interloping”.
The court which was presided over by Justice Iyabo Yerima delivered the judgment in a suit marked No. M/377/2020.
A businessman, Mr. Kolawole Oyedeji filed the suit against EFCC and Messrs Segun Oloruntuyi and Olubunmi Adejorin.
The applicant, Mr. Oyedeji, had through his counsel, Mr Olusola Akintola approached the court to challenge his arrest and detention by the EFCC and its operative, the second respondent, Oloruntuyi, over a breakdown of contract.

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