EFCC
We Must Recover Stolen Assets-Magu
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- Written by Chinonso Igwe
The Acting Chairman of the Economic and Financial Crimes Commission Ibrahim Magu has identified asset recovery as one of the most complex job in the fight against corruption. Magu who spoke through the Zonal Head of Kano Zone, Akananiyene Ezima, also said that as tedious as it is, stolen assets must be recovered because it is our common wealth. Magu was speaking in a welcome address during the 2019 Anti-corruption rally held in Kano to commemorate the 3rd African Anti-corruption Day with the theme “Walk against Illicit financial inflows".
Corruption, Biggest Threat to Businesses- Magu
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- Written by Chinonso Igwe
Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu has described corruption as the biggest threat to businesses and the Nigerian economy. Magu who was represented by Port Harcourt Zonal Head of the Commission, Abdulrasheed Bawa at this year’s African Anti-corruption Day, noted that fraudulent practices compromise global best practices in business and that when such conducts persist, well- meaning and honest businesses are affected. “When the business environment is compromised by fraudulent elements in our midst, even people plying their trades in honest ways would be affected. Genuine investors would be wary of putting their money in the economy because corruption increases the risk of doing business. This is why we are saying that we should shun corruption in all its manifestations," Magu said. Magu applauded the increasing successes of the EFCC in recoveries and convictions, saying that more than N800 billion have been recovered by the Commission in the last four years, while about 590 convictions have been secured already in 2019.
Media & Publicity
July 11, 2019
Makurdi Agog for African Union Anti- corruption Day
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- Written by Chinonso Igwe
Acting Chairman of the EFCC, Ibrahim in Benue State, rolled out the drums to mark this year's African Union Anti Corruption Day. Magu was represented by the Makurdi Zonal Head of Operations, EFCC, Johnson Ayo Babalola, he urged all Nigerians to join hands with the EFCC to fight against corruption, economic crimes and to recover Nigerian’s stolen wealth.
EFCC Paints Ibadan Red to Mark Africa Anti-corruption Day
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- Written by Chinonso Igwe
The Ibadan zonal office had a very successful outing today as it marked the 3rd African Anti-corruption Day. The Staff, led by the Zonal Head, Mr. Friday Ebelo, painted the ancient Ibadan city of Ibadan red as he disseminated the message of anti-corruption to the people. They were in the company of major stakeholders including the FRSC, NOA, Civil Defence Corps and the media to drive home this year’s message of 'Assets Recovery and Return'.
Media & Publicity
July 12, 2019
N90m, Properties Recovered from Looters in Six Months in Gombe
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- Written by Chinonso Igwe
The Economic and Financial Crimes Commission, EFCC Gombe Zonal office secured fifty five (55) convictions in six months in various offences related to Economic and Financial Crimes. This was disclosed by the Zonal Head, DCDS Michael Wetkas on July 11, 2019, in Gombe at a media briefing during the African Anti-corruption day. Wetkas also stated that, Ninety Million Naira (N90m) was recovered within the period under review as well as two properties which were finally forfeited to the federal government. An interim forfeiture order of nine properties was granted by the different courts and the process of executing the orders has commenced by the Assets Forfeiture and Recovery Department of the Zone. According to wetkas, "Today, we are commemorating the African Anti-corruption Day to have a common position with other African countries within the continent against corruption. As African in general and Nigeria in particular, we must take ownership of the anti-corruption fight. When you see something, report it to the Commission, we are always ready to do our job whenever you give us any information, " he said.
Media & Publicity
July 12, 2019
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