The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that some corrupt Nigerian politicians use cryptocurrencies to hide their illicit wealth.
Olukoyede made the revelation on Thursday at an event commemorating Africa Anti-Corruption Day.
According to him, the anti-graft agency has uncovered a trend in which public officials now use cryptocurrency wallets to stash stolen public funds and conduct illicit transactions.
