ACC Commences Billiongate Investigation

A high-profile corruption investigation is currently underway as the Anti-Corruption Commission (ACC) intensifies its probe into an alleged syndicate involving staff of the National Revenue Authority (NRA) and at least eight commercial banks.

The scandal, still in its early stages, has triggered widespread public concern over the possible diversion of public funds into private accounts.

According to a senior ACC official, who spoke during a recent radio appearance, the Commission is taking a cautious and methodical approach. The official noted that disclosing the names of the implicated commercial banks at this stage could undermine the integrity of the investigation.

Independent findings suggest a coordinated scheme between some officials within the NRA and certain bank personnel, potentially facilitating the illegal transfer of state revenue into unauthorized private accounts. The scale and complexity of the operation have shocked the public, with civil society organizations and citizens alike calling for full accountability and transparency.

Reacting to the development, the Commissioner-General of the NRA issued a strong statement, vowing that anyone found culpable, whether NRA staff or external collaborators, will face immediate disciplinary and legal consequences. She reaffirmed the institution’s zero-tolerance policy toward corruption and promised full cooperation with the ACC.

In the meantime, the ACC has appealed for patience from the public, emphasizing the need for thorough and credible evidence to ensure successful prosecutions. The Commission has also urged anyone with relevant information to come forward.