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Friday, 27 May 2016

EFCC Score Card:140 Convictions,Billions of Dollars Recovered in 6 Months.

Within the last six months, the Economic and Financial Crimes Commission, EFCC, secured more than 140 convictions and recovered billions of... thumbnail 1 summary
Within the last six months, the Economic and Financial Crimes Commission, EFCC, secured more than 140 convictions and recovered billions of dollars in stolen funds from unscrupulous individuals, the anti-graft body’s chairman, Ibrahim Magu, has said.
Mr. Magu spoke Thursday at a rally organised by the EFCC to sensitise Nigerian school children and teenagers on the perils of corruption to national development.
In a statement signed Thursday by EFCC spokesman, Wilson Uwujaren, Mr. Magu said the agency also blocked several channels that people of questionable character used to launder their ill-gotten wealth.
‘‘In just six months of this year, we have secured over 140 convictions, including some elusive ‘high profile’ criminals. We have recovered billions of dollars worth of stolen funds and blocked numerous avenues of money laundering,’’ Mr. Magu said while speaking on a theme: ‘‘We Must Win The War on Corruption and Impunity.’’ Source: PREMIUM TIMES.

Opinion: Great efforts by EFFC. Worthy of commendation. However, a lot needs to be done. This number of convictions are like a drop in the ocean, when it comes to a fantastically corrupt country like Nigeria. Some high profile corrupt people are still walking free. The money recovered should be put back to the system to help cushion the effects of hardships.

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