Tag: EFCC

  • EFCC busts cryptocurrency romance scam syndicate, arrests 792 suspects in Lagos

    EFCC busts cryptocurrency romance scam syndicate, arrests 792 suspects in Lagos

    The Economic and Financial Crimes Commission (EFCC) has dismantled a large syndicate operating cryptocurrency investment and romance scams, arresting 792 suspects during a high-profile raid in Lagos. 

    The operation, conducted at a seven-storey building known as the Big Leaf Building at No. 7, Oyin Jolayemi Street, Victoria Island, led to the apprehension of 193 foreign nationals, including 148 Chinese, 40 Filipinos, two individuals from Kharzartan, one Pakistani, and one Indonesian. 

    EFCC Director of Public Affairs, Wilson Uwujaren, disclosed during a press briefing that the raid followed months of surveillance and intelligence gathering on the syndicate’s activities.

    The building, designed to mimic a corporate financial headquarters, was allegedly used to train Nigerian recruits in romance and investment scams. 

    Investigators found the building equipped with high-end desktop computers, and over 500 SIM cards were recovered from just one floor.

    The syndicate reportedly recruited Nigerian youths with advanced computer skills, training them for two weeks on impersonation techniques to target victims in the United States, Canada, Mexico, and Europe. 

    The recruits created fake online profiles to lure victims through platforms like WhatsApp, Instagram, and Telegram. Once trust was established, victims were directed to a fraudulent investment platform, ‘www.yooto.com’, where activation fees started at $35. 

    Mr. Uwujaren revealed that the Nigerian recruits were unaware of the full scope of the operation. They worked under the supervision of foreign syndicate members and were paid either in cash or through personal accounts without formal employment contracts.

    Read Also: Court to hear applications by EFCC in alleged N1.35bn fraud case January 30

    After securing victims, the recruits were cut off from the operation while the foreign kingpins completed the scams. 

    Recovered items included desktop computers, mobile phones, laptops, and vehicles.

    The EFCC has obtained statements from the suspects and screened their devices. All suspects are being detained under a valid remand warrant, with plans to arraign them in court soon. 

    Mr. Uwujaren highlighted the international nature of the crime, stressing the role of foreign nationals in exploiting Nigeria’s reputation and contributing to global fraud.

    “This operation shows that the notion that Nigerians are solely behind these frauds is incorrect. Foreigners are leveraging our unfortunate reputation to establish criminal enterprises,” he said.

    The EFCC is collaborating with foreign partners to ensure that the arrested individuals face justice.

    “There will be no hiding places for criminals in Nigeria,” Mr. Uwujaren affirmed.

  • Businessman decries ‘forced’ invasion by EFCC officials

    Businessman decries ‘forced’ invasion by EFCC officials

    An Abia-based businessman, Mr. Ugochukwu Ezeanyagu, has decried the inavasion of his home by suspected personnel of the Economic Financial Crimes Commission (EFCC) at Umuobia Olokoro Estate in Umuahia South Local Government Area, describing it as .

    Mr. Ezeanyagu in a press conference yesterday said officials invaded their home about 2am on December 6 when they were asleep, after scaling their fence.

    The traumatised businessman, a contractor, said the heavily armed EFCC officials, some of whom were masked, broke the gates of their home with a hammer and destroyed the doors to gain access to their room.

    Read Also: NSC kicks as EFCC begins probe of NFF finances

    He said the officials, who failed to state their mission or on whose directive they invaded his home, alleged that the EFCC officials forced them to lay face down.

    According to him, while some of the said team ransacked their home, seized his phone and other electronic gadgets, to ascertain if there were suspicious transactions contained.

  • EFCC and the 753 duplexes

    EFCC and the 753 duplexes

    • By Kene Obiezu

    Sir: Another day in Nigeria, another jarring discovery in what is a herculean (maybe sisyphean) bid to clean up the Augean stables.

    The Economic and Financial Crimes Commission (EFCC) recently fended off a laughably misguided attempt by no less than 16 states to inter it at the Supreme Court. The commission which sometimes provides the rod for its back found conclusive solace in the judgment of the Supreme Court which preserved the founding legislations of the commission and ensured that the attorney-generals of about 16 states returned from their wild goose chase empty-handed.

    It may be too hopeful to think that the loss would chasten the attorney-generals enough to make them concentrate on the weighty business of pursuing justice in their states. Given the antecedent of politicians in Nigeria, it is only a matter of time before they go fishing for another bone to pick with whoever or whatever catches their fancy, frittering away scarce public resources in the process, and exposing their states to opprobrium.

    Weeks after the Justice Uwani Abba-Aji rebuked the states led by Kogi State, and with all his hiding places finally overturned, former Kogi State governor, Yahaya Bello, accused of diverting about N110 billion while he was governor, submitted himself for trial.

    Fresh from an audacious attempt to cripple it, the EFCC has continued with gusto it ardous  and audacious work of fighting corruption in a country that has somehow morphed into a metaphor for corruption.

    Just when Nigerians thought they had seen enough to confirm the colossal capacity some Nigerians have to be corrupted and to corrupt, the EFCC uncovered and recovered an estate it has described as its single biggest recovery since 2003.

    The estate, a sprawling collection of 753 duplexes in the Lokogoma area of Abuja, was being built by a former public officer whom the commission has refused to name.

    Read Also: Why governors should support Tinubu in handling security agencies’ welfare, by Fubara

    Citing legalese, the commission has withheld the name of the public officer involved from Nigerians. The question is why shield thieves. In the midst of their man-made penury and poverty, Nigerians deserve to know those responsible for the crumbling primary school classrooms where venomous reptiles are threatening to bite their children to death. Nigerians deserve to know the names of those responsible for the bed-less hospitals where their pregnant wives die with their unborn children clinging to the sanctuary of the womb; Nigerians deserve to know those whose dereliction has dug the potholes that have become death traps on their roads. Nigerians deserve to know those whose unbridled stealing of public funds is sacrificing young soldiers and entire communities to terrorists in the Northeast and Northwest. Nigerians deserve to know those whose presence on their ship is provoking the storms now threatening to tear that ship apart. Nigerians surely deserve to know. Just like the government has hidden from Nigerians the list of those sponsoring terrorism in the country, to withhold such information from Nigeria is arrogance and criminal complicity in ignorance that is not bliss but bondage.

    On May 29, 1999, months after brutal dictator Sani Abacha sank like a stone into the dam of death, Nigeria triumphantly tiptoed its way back to democracy. It was hardly believable that it had been achieved given the amount of blood that had gone into the struggle for democracy.

    Twenty-five years later, Nigeria’s hard-won democracy is facing the sternest of tests from entrenched kleptocracy.

    For many Nigerians, any and every opportunity to serve their fellow Nigerians in government is quickly and mindlessly mined for insane personal enrichment and aggrandizement.

    This vice of unbridled plunder of public funds has become irresistible to many, leaving the country desperately short of selfless people to manage its affairs.

    It is from this pool of mindlessly corrupt Nigerians that the country continues to draw its leaders. Never has a single problem spelled such disaster for a country.

    •Kene Obiezu,

    keneobiezu@gmail.com

  • EFCC seeks collaboration with youths against cybercrime, graft

    EFCC seeks collaboration with youths against cybercrime, graft

    The  Economic and Financial Crimes Commission, (EFCC),  has urged Nigerian youths to collaborate with the organisation and unite with it to fight cybercrime, corruption.

    The organisation said this has become necessary in view of the devastating effect on the country’s economy, reputation and their own future.

    The acting Lagos Zonal Director, Michael Wetkas stated this at  a Town Hall Meeting on Youths Against Corruption held at the Awolowo Road, Ikoyi office of the commission.

    Wetkas, who also read the address of the EFCC Chairman, Ola Olukoyede at the event called for collaborative efforts to fight the “monumental evil” which he said is giving the country a bad image abroad and in order to protect their own future.

    “Cybercrime is not just destroying lives; it is sinking our country’s image locally and at international level. If we don’t change the narrative, we risk extinction as a nation. Our future depends on the decisions we make today.

    . “The world is watching us closely,” he explained. “If we fail to act, we risk being blacklisted, which will have grave consequences for our economy and global standing.”

    Read Also: Shehu Sani urges National Assembly members to be selfless

    Wetkas warned that Nigeria’s international reputation is under severe threat, stressing that  the country is presently  on the Financial Action Task Force (FATF) watch list, pointing out that urgent steps needed to be taken to reverse the trend in order to save the future of the youth.

    He described as disturbing statistics from a recent  sting operation at a Lagos hotel  where its taskforce  arrested over 200 individuals involved in cybercrime and drug abuse.

    Wetkas lamented that out of the 116 people taken into custody, 78 per cent were secondary school students, and only 20.8 per cent had attended tertiary institutions. These are children as young as 18 or 19, wasting their lives,” he said. “Some were so intoxicated they didn’t even realise we were standing in front of them. This is the future of our country, and it’s slipping away from our hands.”

    He said when those arrested were profiled, it was shocking to discover that about  64.1per cent of those arrested were living with their parents, while 76.4 per cent were unemployed.

    He said many of these young people arrested told the commission that they support their families through proceeds of their criminal activities.

     Wetkas said it was disturbing when the profiling revealed that  61 per cent  of their parents are aware of this, adding “If you condone a child’s wrongdoing at home, one day, that child will steal from you.”

    The EFCC state coordinator  also shared a case involving a 19-year-old boy who impersonated Nigerian musician Flavour to defraud an American client of $30,000.

    He said, “what the boy did was to tamper with the email of the musician. Those organizing the show Flavour was to perform thought they were exchanging correspondences with him. When Flavour was to be paid advance payment for the event, it was the boy that received it.

    “Incidents like this tarnish our international reputation and make it difficult for Nigerians to gain trust abroad,” he lamented.

    Wetkas appealed to parents, schools, and communities to play active roles in addressing the root causes of criminal behaviour among the youths.

    He  urged Nigerians to report suspicious activities and support the Commission’s efforts.

    Wetkas who also read the address of the chairman of the EFCC, Olukayode at the Lagos event, lamented that corruption affects every age group but bites harder against the prospects and possibilities of youths adding that this makes it more binding on young people to tackle it more fiercely than any other age group.

    Olukayode noted that the scourge of graft limits and vitiates the opportunities of youths for self-actualization.

    “Every young person needs an equal opportunity for self-expression.  But this is impossible in societies where favouritism, nepotism, partisan and other extraneous considerations tilt opportunities in favour of some few privileged people.  This is not good for the youths and it is for this reason that they need to forge a united front against corruption.”

    Olukayode said that the youths need a united voice to challenge unsavoury practices at every level of government stressing that they need to come together to be watchdogs and active forces against any form of corruption.  No other age group will do this for them.”

    The EFCC boss listed ways that could be taken by the youths to achieve this.

    “They can do this by forming associations, clubs,  think tanks,  societies that promote good values.  It is high time youths joined hands together to pursue values that will add strength to their lives.

    “Another means of uniting against corruption is to lend forces and voices in support of activities of anti-corruption agencies like the EFCC.”

     He assured that there are structures in place for active engagement with youths at the EFCC.

    “At the Primary and Secondary School level, we have the Integrity Club serving as a rallying point for students.

    “At the Tertiary Institution level, we have the Zero Tolerance Club.  They are all platforms for engagement against corrupt practices.

    “Youths can also unite against corruption by exposing tendencies and actions that run counter to accountability and right values in their neighbourhood.

    “This is simply a whistle blowing opportunity for youths.  There is no way corruption can be tackled if we allow it around us without a challenge.  Youths have formidable roles to play in this regard”, he stressed.

    Lagos State Commissioner for Youths and Social Development, Mobolaji Ogunlende, in his address lamented the collapse of the system, culture and values in the country .

    Ogunlende said the state was ready to work with the EFCC, including the NDLEA to unite the youths against corruption.

    He argued that the youth must be at the vanguard of combating corruption adding that they must also embrace whistle blowing to strengthen corruption fight and called on Nigerian youths to prioritise integrity and take an active role in combating corruption.

    He urged the youths  to embrace honesty and accountability as tools for national transformation.

    “Corruption is not just the misappropriation of resources; it is a betrayal of trust and a theft of opportunities.

    “The fight against corruption is not only a moral imperative but also a patriotic duty. It is up to us to change the narrative.”

    Ogunlende emphasised the need for collective action and personal responsibility by the youths in driving societal change

    “Integrity begins with each of us,” he said, adding,  “We must commit to honesty in our daily lives, whether in school, work, or community. It is the only currency you can take to the panel and the foundation for collective transformation.”

    He  warned against the dangers of drug abuse, urging participants to remain vigilant in their communities.

    “Corruption and drug abuse are not distant issues; they affect every one of us,” Ogunlende said.

    “Youth innovation and energy are essential in this fight,” he noted. “We need to amplify our efforts through education, advocacy, and collective action.”

    Former President of the Committee for the Defence of Human Rights (CDHR), Malachi Ugwumadu, citing several sections of the constitution to support his arguments, said unless the youths are ready to be at the vanguard of the people, the fight against corruption would not succeed.

    The Chairman of CACOL, Debo Adeniran, remarked that for the youths to be groomed to fight corruption, the move must be backed by efficiency which he said is about doing what is right.

    Adeniran also remarked that over zealousness on the part of the EFCC led to the truncation of the trial of former Governor of Kogi State, Yahaya Bello.

    He said they should have waited for the injunction obtained in court against the commission to expire before arraigning him in court. EFCC seeks collaboration with youths against cybercrime, graft

    By Adebisi Onanuga

    The  Economic and Financial Crimes Commission, (EFCC),  has urged Nigerian youths to collaborate with the organization and unite with it to fight cybercrime, corruption.

    The organization said this has become necessary in view of the devastating effect on the country’s economy, reputation and their own future.

    The acting Lagos Zonal Director, Micheal Wetkas stated this at  a Town Hall Meeting on Youths Against Corruption held at the Awolowo Road, Ikoyi office of the commission.

    Wetkas who also read the address of the EFCC Chairman, Ola Olukayode at the event called for collaborative efforts to fight the “monumental evil” which he said is giving the country a bad image abroad and in other to protect their own future.

    “Cybercrime is not just destroying lives; it is sinking our country’s image locally and at international level. If we don’t change the narrative, we risk extinction as a nation. Our future depends on the decisions we make today.

    . “The world is watching us closely,” he explained. “If we fail to act, we risk being blacklisted, which will have grave consequences for our economy and global standing.”

    Wetkas warned that Nigeria’s international reputation is under severe threat, stressing that  the country is presently  on the Financial Action Task Force (FATF) watch list pointing out that urgent steps needed to be taken to reverse the trend in order to save the future of the youths.

    He described as disturbing statistics from a recent  sting operation at a Lagos hotel  where its taskforce  arrested over 200 individuals involved in cybercrime and drug abuse.

    Wetkas lamented that out of the 116 people taken into custody, 78 per cent were secondary school students, and only 20.8 per cent had attended tertiary institutions. These are children as young as 18 or 19, wasting their lives,” he said. “Some were so intoxicated they didn’t even realise we were standing in front of them. This is the future of our country, and it’s slipping away from our hands.”

    He said when those arrested were profiled, it was shocking to discover that about  64.1per cent of those arrested were living with their parents, while 76.4 per cent were unemployed.

    He said many of these young people arrested told the commission that they support their families through proceeds of their criminal activities.

     Wetkas said it was disturbing when the profiling revealed that  61 per cent  of their parents are aware of this, adding “If you condone a child’s wrongdoing at home, one day, that child will steal from you.”

    The EFCC state coordinator  also shared a case involving a 19-year-old boy who impersonated Nigerian musician Flavour to defraud an American client of $30,000.

    He said, “what the boy did was to tamper with the email of the musician. Those organizing the show Flavour was to perform thought they were exchanging correspondences with him. When Flavour was to be paid advance payment for the event, it was the boy that received it.

    “Incidents like this tarnish our international reputation and make it difficult for Nigerians to gain trust abroad,” he lamented.

    Wetkas appealed to parents, schools, and communities to play active roles in addressing the root causes of criminal behaviour among the youths.

    He  urged Nigerians to report suspicious activities and support the Commission’s efforts.

    Wetkas who also read the address of the chairman of the EFCC, Olukayode at the Lagos event, lamented that corruption affects every age group but bites harder against the prospects and possibilities of youths adding that this makes it more binding on young people to tackle it more fiercely than any other age group.

    Olukayode noted that the scourge of graft limits and vitiates the opportunities of youths for self-actualization.

    “Every young person needs an equal opportunity for self-expression.  But this is impossible in societies where favouritism, nepotism, partisan and other extraneous considerations tilt opportunities in favour of some few privileged people.  This is not good for the youths and it is for this reason that they need to forge a united front against corruption.”

    Olukayode said that the youths need a united voice to challenge unsavoury practices at every level of government stressing that they need to come together to be watchdogs and active forces against any form of corruption.  No other age group will do this for them.”

    The EFCC boss listed ways that could be taken by the youths to achieve this.

    “They can do this by forming associations, clubs,  think tanks,  societies that promote good values.  It is high time youths joined hands together to pursue values that will add strength to their lives.

    “Another means of uniting against corruption is to lend forces and voices in support of activities of anti-corruption agencies like the EFCC.”

     He assured that there are structures in place for active engagement with youths at the EFCC.

    “At the Primary and Secondary School level, we have the Integrity Club serving as a rallying point for students.

    “At the Tertiary Institution level, we have the Zero Tolerance Club.  They are all platforms for engagement against corrupt practices.

    “Youths can also unite against corruption by exposing tendencies and actions that run counter to accountability and right values in their neighbourhood.

    “This is simply a whistle blowing opportunity for youths.  There is no way corruption can be tackled if we allow it around us without a challenge.  Youths have formidable roles to play in this regard”, he stressed.

    Lagos State Commissioner for Youths and Social Development, Mobolaji Ogunlende, in his address lamented the collapse of the system, culture and values in the country .

    Ogunlende said the state was ready to work with the EFCC, including the NDLEA to unite the youths against corruption.

    He argued that the youth must be at the vanguard of combating corruption adding that they must also embrace whistle blowing to strengthen corruption fight and called on Nigerian youths to prioritise integrity and take an active role in combating corruption.

    He urged the youths  to embrace honesty and accountability as tools for national transformation.

    “Corruption is not just the misappropriation of resources; it is a betrayal of trust and a theft of opportunities.

    “The fight against corruption is not only a moral imperative but also a patriotic duty. It is up to us to change the narrative.”

    Ogunlende emphasised the need for collective action and personal responsibility by the youths in driving societal change

    “Integrity begins with each of us,” he said, adding,  “We must commit to honesty in our daily lives, whether in school, work, or community. It is the only currency you can take to the panel and the foundation for collective transformation.”

    He  warned against the dangers of drug abuse, urging participants to remain vigilant in their communities.

    “Corruption and drug abuse are not distant issues; they affect every one of us,” Ogunlende said.

    “Youth innovation and energy are essential in this fight,” he noted. “We need to amplify our efforts through education, advocacy, and collective action.”

    Former President of the Committee for the Defence of Human Rights (CDHR), Malachi Ugwumadu, citing several sections of the constitution to support his arguments, said unless the youths are ready to be at the vanguard of the people, the fight against corruption would not succeed.

    The Chairman of CACOL, Debo Adeniran, remarked that for the youths to be groomed to fight corruption, the move must be backed by efficiency which he said is about doing what is right.

    Adeniran also remarked that over zealousness on the part of the EFCC led to the truncation of the trial of former Governor of Kogi State, Yahaya Bello.

    He said they should have waited for the injunction obtained in court against the commission to expire before arraigning him in court.

  • Holy theft

    Holy theft

    We do not mourn when we call an uncompleted building a carcass. The word humours the dead. Few Nigerians were in jubilant humour when the EFCC announced its biggest catch ever: 753 duplexes.

    It is perhaps the most beautiful acreage of carcasses ever found. Stolen things often stay hidden. Millions of dollars stashed in furtive bank accounts. Jewels in vaults. Cars out of sight. In Nigeria, some highfalutin thieves have buried them like carcasses in their backyards, bought houses to tenant billions of naira. They now encrypt them and, without irony, they call it cryptocurrency. Even kidnappers seal cellars for their stolen captives.

    The irony with these carcasses is that they never had a breath of life before they are pronounced dead. The other irony is that, unlike a few miracles like Lazarus, these carcasses can come back to life. The miracle does not require a prophet or a holy water or oil of gladness. It can even be brought to life by an unclean spirit, like a real estate magnate. He will be a prophet but with guile, and will use water, which is necessary to mix cement to mould blocks. Holy water is not necessary. No oil but gladness is the final sentiment when the full building is ready. Well, for believers, they will anoint it.

    The 753 had no such finesse. They are in the open, as if the thief wanted to tell Nigerians there is a new art to public plunder: in your face. But it has always been in your face. They steal, line up limousines, buy private jets, build mansions here, in Dubai, in the U.K., in Miami, et al. But we see them. We know they were stolen. But we can do nothing about it.

    Yet, not in your face like what we have seen with 753. Maybe, it is a new chapter in thievery. We all want to get this set of carcasses. These ones are a gem. As the Bible says, “where the carcass is, there will the gathering of the eagles be.” The Nigerian eagle just found gems of corpses. It is gem as precious as William Faulkner’s dead character in As I lay dying. The dead seem to be more remarkable than the living in the novel, much like Cassandra in Homer’s Odyssey where Faulkner sourced his title. When the bible’s Samson duels a lion to the death, the carcass invents a marvel: it drips with honey. Out of the eater comes forth sweetness.

    Well, the good news is that this honey of a carcass will be open for all. The houses are now government property, and the EFCC will now make it a thing for all who can pay. As Malian singer and instrumentalist croons, “honey does not only taste sweet in one mouth”

    Read Also: No Inheritance Tax in Nigeria’s Tax Reform Bills – Taiwo Oyedele

    The EFCC could not cement its efficiency and loyalty to nation with a courage: to name the thief. Its first statement locates the person as a sacked government official. Heads turned to former CBN chief Emefiele. Many asked questions but the most worrying was: Is it the former CBN chief, and why not name him who is known as Mefi in his intimate circle? Again, even Mefi, who in the past was quick to lash back at any perceived media hurt, has been as quiet as a pond. Not once when he was in office did he keep quiet over even a slight innuendo. He even hired his media minions to take a two-page advert against Sam Omatseye in this newspaper over his ambition to be – remember? – Nigeria’s president. He wanted the Job Tinubu now has. But he, who toted a giant bible – is as retiring as a mouse. As Abiola said in the June 12 tumult, “an elephant has given birth to a mouse.”

    His silence has created a guilty verdict, even after the EFCC hid under a legalese to take back its first statement. Not one  person but a chattel. That is what it can tell. So, EFCC told us without telling us that it is Mefi. Those who accessed the document have shown that it is Mefi. The judge knows it. The document said it. It is another irony in this tale. The accuser is guilty of accusing, or not accusing enough or well. But no matter.

    What is important is that Nigeria has gotten a big find. The untold story of the saga is the boon of a major project using government funds but administered like a private concern. We do not know how much it cost to erect the duplexes. But imagine if government wanted to build the same 753 duplexes. It might have cost ten times more.

    Normally, for government to complete this, there would have been a long time spent doing the necessary paper work. Billions of naira would go to architects. Billions more to acquire land, to do the survey, and also to get the contractors to bid for it. Then we shall have bribes for the government officials who would award the contracts.

    After that, there might be merry-go-rounds about work done on the survey, and why one report needed to be reviewed and another survey done. Or when the architect has done its work, there might be an order from above that the architect was not the right one. Anyway, they would spot a professional error in the process the architect was appointed, and another bid will ensue.

    In all these, no work has started, and billions have already gone down the drains. At last, they get to work. They pay to clear grass, although there is none. They pay to save the pond and marshes on the property, although it is solid earth. Billions, you may be surprised, has gone down a nonexistent strip of land.

    After they start, they realise inflation has set in. They do a variation, though the initial cost was ten times the original. With variation, they double it, which makes it twenty times. Then they set out to work. Everyone is happy: minister or commisioner, perm sec, contractor, publicists, lawyers, even bricklayer. We are happy that it happens during the reign of a governor or president. Or else, if its lapses, a new government decides to begin again. If the money sunk is too much of a scandal to bear, it becomes an abandoned project. Why get bogged down when you can start your own merry-go-round. That’s why we have abandoned projects all around.

    But the 753 duplexes did not have to go through that. The thief handled it like a private concern, and there was discipline from survey all the way to building. So, it happens fast, and efficiently. It is meant for profit, not for charity, since that is how government projects are perceived.

    This 753 thief steals to deprive us of corruption. He defeats bureaucracy, short cuts, lies, account variations, fronts, impersonations, and billions of naira down the drain. For once, a project was started and completed in right time, without kickbacks or red-tape rigmarole. Out of rottenness blooms a flower. In pidgin English, it is called “thief thief thief.” Where process fails, crookery prevails. Public indiscipline begets private discipline begets public good. Out of Samson’s carcass drips honey. It is the purest act of corruption in Nigeria’s history.

    The bible says “one man builds and another occupies.” Here, one man builds, the owner occupies. The thief has stolen for the owner. It is an edifying act, a sacred theft. It begins a theft, but ends a gift. It is unwholly but ends up holy. It is like Judas, who betrays but saves mankind. It is forbidden but we accept the fruit. We never pray for another Judas but we cannot resist such plums out of a rotten earth.

    Now that we have the carcasses, we expect that the homes get to the right buyers the right way and the money is ploughed for the common good.

  • The man with a voracious appetite for looting

    The man with a voracious appetite for looting

    • SCANDALS OF THE YEAR

    When news broke on Monday, December 2, 2024, that a Federal Capital Territory (FCT) High Court had granted a final forfeiture of 753 duplexes built with funds allegedly embezzled by a former high-ranking government official currently on trial by the Economic and Financial Crimes Commission (EFCC), many Nigerians eagerly anticipated full disclosure of the individual’s identity.

    Justice Jude Onwuegbuzie, who presided over the case, had unequivocally ordered the properties – valued at billions of naira – to be forfeited to the government.

    Yet, rather than leverage the opportunity to showcase its credibility, the EFCC opted for opacity, refusing to name the alleged looter or disclose the property’s estimated worth in such a prime area of the FCT. This evasiveness is perplexing, especially after the agency hailed the forfeiture as “the largest single asset recovery since the EFCC’s inception in 2003.”

    Without a doubt, the revelation that a public servant in a supposedly secure system – one ostensibly anchored on financial integrity, morality, and accountability – could divert funds sufficient to erect 753 luxury duplexes on a 150, 500-square-meter expanse of land, speaks volumes about the rot within Nigeria’s civil and public service.

    While the unnamed individual’s greed and malevolence are evident, the ease with which this monumental fraud was perpetrated lays bare the systemic failure that continues to debilitate governance in this nation. This is nothing short of a damning indictment of institutional collapse – a festering malaise that perpetually stifles Nigeria’s progress.

    Read Also: Town planners hail Tinubu over Dangiwa’s appointment as minister

    Expectedly, Nigerians are incensed, questioning why the EFCC has chosen to coddle the perpetrator of this unmitigated “scandal of the year.” Where there was an expectation of the agency’s characteristic naming-and-shaming approach, it issued a tepid statement that left more questions than answers, forcing the public to rely on conjecture. Unsurprisingly, some analysts have pointed fingers at a particular individual previously accused of corruption on an epic scale during his tenure at the apex bank. While these remain speculations, the larger issue is what such unchecked looting has done to a nation teetering on the brink of unrealised potential, forever chasing the mirage of development.

    Treasure looting in Nigeria is a perennial plague. Successive governments and officials have repeatedly plundered public funds, exploiting the nation’s wealth – particularly from oil – for personal gain. This pervasive corruption, fueled by the siphoning of billions of naira, has cemented a grim pattern: widespread looting, transient public outrage, and eventual apathy. Time and again, only the minor culprits – the small-scale pilferers of public funds – are punished, while the masterminds of grand heists are either shielded or left untouched.

    The consequences are catastrophic. Chronic underdevelopment persists as funds meant for critical sectors like roads, healthcare, and education vanish into private pockets. Economic growth remains stunted, infrastructure deteriorates, and poverty deepens. Public trust in governance and institutions has eroded, replaced by a culture of impunity and moral decay.

    Despite the EFCC’s sporadic successes in recovering assets, the sheer scale of unresolved corruption cases – worth trillions of naira – overwhelms the judiciary. The World Bank estimates Nigeria loses over $400 billion annually to corruption. This alarming figure underscores the structural failures enabling scandals like the one involving the forfeited properties. Even in this case, the EFCC’s reticence in naming the looter reeks of double standards – one rule for high-profile offenders, and another for lesser-known petty thieves and internet fraudsters.

    Close observers are scandalised by the EFCC’s reluctance to name the perpetrator of this audacious crime. Why shield someone who has betrayed public trust on such an epic scale? What influence does this individual wield that renders the anti-graft agency paralysed? Why does the EFCC, which boasts of asset recovery, appear complicit in fostering a culture of impunity by obscuring the truth?

    This betrayal is glaring. Justice Onwuegbuzie’s ruling was explicit: the respondent failed to justify why the properties should not be forfeited. If the court has already lifted the veil of secrecy, why is the EFCC perpetuating it? Could the offender be the same individual accused of decimating Nigeria’s economy with dubious financial schemes, enriching cronies, business associates, and paramours through privileged access to public funds? Who is this person? And why has the EFCC managed to compound an already exasperating scandal? Scandalous!

  • PROLOGUE

    PROLOGUE

    The word seems easy to define. To say someone is vulnerable means many things to many people. He is endangered, in the firing line. To the bandit, it is the women and children, even the old and students. To the employer, it is the unemployed, who wakes up gasping and grasping for bread. The little earner struggles to pay rent, feed or afford transport fare to where he earns a living. He has to move to have his being. It is the little paid versus the padded.

    Who is padded may be panting. So, being vulnerable is sometimes not about being weak, or underdog alone. It might also mean not getting enough, not powerful enough. As insatiable as capitalism. Greed and want can meet at the word.

    To the businessman, it is how to earn a profit in a time of plummeting naira. To the buyer, it is how to buy from the businessman. To the hungry, it is where to buy the meal and whether there is a meal at all. To the sick, it is whether they can eat if the money and food are within reach.

    As the prophet Isaiah wrote: “And it shall be, as with the people, so with the priest; as with the servant, so with his master; as with the maid, so with her mistress; as with the buyer, so with the seller; as with the lender, so with the borrower; as with the taker of usury, so with the giver of usury to him.”

    That’s why sometimes the vulnerable is hard to define. When the so-called #Endbadgovernance protests erupted, especially in the North, the almajiri come across as victims of a failed system. But these people wave Russian flags yet cannot identify Russia in a map, cannot identify a map. They call for the army, but never witnessed a soldier on the throne all their lives, cannot even read or write to have studied their tour of duty as leaders. They don’t pay rents, buy in the market, and buy clothes. They live only on handouts, the Nigeria’s peculiar welfare system. So, how vulnerable are they? Vulnerable to be manipulated, especially since it was reported that politicians organised sewing them flags. They would rather buy masara for their sumptuous souls than spend their lean handouts on a piece of cloth they don’t know. They don’t participate in the economy but run errands of rage, in ignorance, on its behalf. A soap opera played out when Kano State governor, Abba Yusuf, unleashed them on his palace when he thought he was sending them on the streets against the president. A Frankenstein wonder became Frankenstein monster.

    Who is vulnerable between Nyesom Wike and Siminalayi Fubara, for instance? One claims the law, the other claims the throne. The president is rolling out a new tax bill, and some Northern oligarchs say it is against them. Rabiu Kwankwanso screams; Ibrahim Shekarau sulks; an Arewa Consultative Forum (ACF) leader is suspended. But states like Lagos that will benefit say they sweat while others harvest? A skewed federalism.

    The top court appends local government reforms that make a powerful block whimper: the governors. They say the president is chipping away at their powers, the lush allocation. But when the elections come, they hand the constitution and the presidency an uppercut. They sweep all the polls for their handpicked candidates, even in Abia State where the governor wins in spite of his party. The law has hard power, but it is soft power that prevails. Apologies to Professor Joseph Nye of Harvard who coined those terms. Beware of the softie.

    It is most fraught when the ego is involved. Former President Olusegun Obasanjo spews vitriol in a virtual trot to Yale and speaks of Baba-go-slow and Emilokan, but he does not expect the backlash will rub his ego raw over his own doings in office: from Odi to third term to Anambra imbroglio. Or the battle between monarchs and governor, and monarchs versus monarchs. In Kano, the heat is on in the royal family, but it is time that defines who is vulnerable. When Sanusi Lamido Sanusi is on the throne, it is his Aminu Bayero who is vulnerable. It is the opposite when he grumbles from the outside. Both are, at once, in a time warp and time swap. Temporal upstages temporary.

    Read Also: Akpabio flags off medical outreach to support Tinubu’s Renewed Hope agenda

    On the other hand, an election makes the Oba of Benin the winner after years of insolence from the State House. The new governor has restored the power and glory of one of the storied thrones on the continent. And it takes democracy to remove a historic Achilles heel. Democracy enthrones feudal glory. It is a typical Nigerian irony, as typical as Godwin Obaseki now moaning in silence when, only a year ago, he gloats in open contempt of his king. It may be the last time an Obaseki torments royal peace.

    There is also the ego that mixes with oil and dollar and even naira. This is the duel between Aliko Dangote and the Nigeria National Petroleum Company Limited (NNPCL). It drags on, and some can see the irony again of a billionaire posing as a populist. But matters get to a boil when it is time to price. The year is, however, ending with a blow from Mele Kyari, who has been quiet in spite of the taunts. The Port Harcourt Refinery pumps back to being. It sets up to be a new year for a heartening oil story. It may be the major story that dovetails into a new year. The drilling continues.

    We cannot forget a little place called Okuama in Delta State but not too little to gain the president’s attention. Soldiers become players in a backwater power game. Where there is oil, there is power, because there is wealth, because there is skullduggery, because there is gangster drama, and ultimately it is a matter of life and death. The underdog can rattle the mighty as soldiers fall to a shadowy ambush. The story starts with gunfire, ends with bonfire. The villagers stake neither bread nor oil in the conflict that ends for them with neither barns nor farms, neither homeland nor homestead.

    While the Rivers State power game impresses with its feints and fights, let’s not forget that Wike is the top public servant for transforming the FCT, from renewing the roads and infrastructure to redefining how to make a city work for all. He embalms the urgency of governance. He wrestles down the high and mighty and demonstrates how high and mighty people can be held to account over the jewel of all possessions: lands.

    Yet, the story of a top public servant provides a great scandal. One man, unnamed by the EFCC, erects 753 duplexes. EFCC has done no good for its lack of transparency on the name of the public thief, which makes EFCC a little scandal within the scandal.

    On the international front, the American election is won by Donald Trump, a billionaire who clutches the votes of the poor. He cannot read the Bible, calls Second Corinthians ‘two Corinthians’ and he is a high-profile adulterer. But he leads the Christians to the polls. He is a felon who befriends judges. He taunts Hispanics. They embrace him.

    It gets more potent in the Middle East; who is vulnerable? Hamas or Israel? There is enough argument on both sides. Israel eviscerates Gaza, which is a horror story that even Jewish scripture will squirm to retell. Yet, Hamas holds onto few hostages as bait while kin bloodshed and gore wear on.

    Some may say some stories are more straightforward as case studies of the vulnerable. Take for instance, the victims of the Maiduguri flood. We witness what Joseph Conrad calls the unthinking might of nature. Whole families washed away; kins separated. The old cannot outrun a footless mass of water. They have all the definitions of the vulnerable. No shelter, no food, no money, no heath care. They are at the mercy of the elements.

    Take for instance, the Jigawa tanker explosion. We can say greed plays a role and thus takes away the idea of the vulnerable. But why does hunger not warn them that stealing oil is a scoop of death? But they are poor. They want to steal to stay alive.

    Then we have a high-profile tragedy in the death of Herbert Wigwe and son, and a friend in faraway Las Vegas. A city of gambling, and we have a man whose life is tethered to taking risk, and plops down in a blowup of an aircraft. Is he vulnerable? As vulnerable as even the powerful can. He had money, power, love, prestige. But fate, ever cruel, has no respect for our greats, just as basketball star Kobe Bryant passed away in a similar fashion a few years ago with his daughter in California, which was where Wigwe boarded his own fatal flight.

    Perhaps the most affecting story of vulnerability was the Humanitarian Ministry, where a young and vibrant young woman was put in charge of the vulnerable. It turns out she also suffers from a principal lapse: greed. She lost her job, prestige, and more importantly, her promise. Food and money meant for the poor go the way of avarice.

    Yet the country ends not without policies for the vulnerable. The grains and food palliatives. But many say the politicians hijack them and hoard for 2027 and private beneficiaries. To the vulnerable? Sorry. But the credit loan scheme, the student loan stand out as policies that show promise as many are lining up.

    That is the journey of 2024. The vulnerable Nigerian is The Nation newspaper’s Person of the Year for embodying the pains and resilience in a perilous hour, and for exercising creative audacity in the face of a challenging economy.

  • EFCC arrests 24 suspected internet fraudsters

    EFCC arrests 24 suspected internet fraudsters

    Operatives of the Economic and Financial Crimes Commission (EFCC), Abuja Zonal Directorate, have arrested 24 suspected internet fraudsters.

    Its Spokesperson, Mr Dele Oyewale, said this in a statement on Friday in Abuja.

    Read Also: EFCC boss urges youths on unifying against corruption

    According to him, the suspects were arrested on Friday in Lokoja following credible intelligence about their suspected involvement in internet-related offences.

    He said Items recovered from them include 30 phones, six laptops and three cars.

    ”The suspects will be charged to court as soon as investigations are concluded,” Oyewale said. (NAN)

  • EFCC boss urges youths on unifying against corruption

    EFCC boss urges youths on unifying against corruption

    Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede yesterday admonished youths to unite and take the lead in the fight against corruption.

    Olukoyede made the call in Abuja on Wednesday while addressing stakeholders at a Town Hall Meeting in preparation for the commemoration of the 2024 International Anti-Corruption Day.

    The 2024 International Anti-Corruption Day will be held on Monday. It has “Uniting the Youths Against Corruption” as its theme.

    He decried the adverse impact of corruption on the prospects of young people and the urgent need for collective action.

    According to him, corruption limits the opportunities for self-actualisation and tilts the playing field in favour of a privileged few.

    “A corrupt society cannot provide the equal opportunities that every young person needs to thrive,” he said.

    The EFCC boss further lamented the increasing allure of internet fraud among the youth, describing it as a threat to their future.

    Olukoyede said: “The allure of easy money through cybercrime draws many young people into criminality. However, there is no sustainable success in internet fraud; it only leads to a grim future.

    “Youths must reject such practices and embrace integrity,” he said.

    Read Also: EFCC chairman announces cybercrime research centre to combat internet fraud

    Olukoyede also urged the youth to lend forces and voices in support of activities of anti-corruption agencies, like the EFCC.

    “Progress-inclined youths should be more vibrant in identifying with the activities of the commission. There are structures in place for active engagement with youths at the EFCC,” he said.

    Olukoyede said that there is the need for the existence of EFCC’s anti-corruption clubs in primary, secondary and higher institutions across the country.

    He advanced support for whistleblowing, as another potent means of tackling graft by young people.

    The agency boss said: “There is no way corruption can be tackled if we allow it around us without a challenge.

    “Youths have formidable roles to play in this regard. There is a need for stronger energy against the corrupt in our midst.  No effort is too little and no sacrifice is too tasking in this regard.”

    He further called for individual and corporate accountability by youths, pointing out that, “no matter the structure any youth may want to form against corrupt practices, without self-driven resolve to reject such practices, no other framework can work”.

    “This means that personal choices and decisions against corruption count better than any other force,” Olukoyede said.

    The event featured a panel discussion moderated by the Director, Public Affairs Department, EFCC, Wilson Uwujaren.

    Comrade Auwal Musa Rafsanjani, the Executive Director of the Civil Society Legislative and Advocacy Centre, encouraged the youth to reject association with corrupt individuals as their future depended on their integrity.

    “Following corrupt people only fools you. Work hard, be transparent, and you will succeed without cutting corners,” he said.

    Participants, including students and youth leaders, commended the EFCC’s efforts and shared insights on how young people could actively participate in the anti-corruption crusade.

    Discussions on the same issue were held across all EFCC Zonal Commands, where youths were also urged to embrace right values and shun criminal tendencies.

  • Lead fight against corruption, fraud, EFCC charges youths

    Lead fight against corruption, fraud, EFCC charges youths

    Chairman of Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has urged Nigerian youths to take a proactive stance against corruption and internet fraud, emphasizing that their active participation is vital to securing a brighter future.

    Represented by the Kaduna Zonal Commandant, Benedict Ubi, the EFCC chairman spoke at the EFCC Town Hall Meeting held in Kaduna to mark the 2024 International Anti-Corruption Day.

    Olukoyede stressed that corruption disproportionately hampers the potential of young people, urging them to confront the menace with unity and resolve. He warned that the allure of quick wealth through cybercrime leads to a bleak future.

    According to him, “The scourge of internet fraud has drawn many youths into criminality, but there is no lasting success in such pursuits. Integrity is the only pathway to sustainable success,” he said.

    The EFCC Chairman praised the theme of the 2024 Anti-Corruption Day: “Uniting the Youth Against Corruption: Shaping Tomorrow’s Integrity,” calling it a call to action for young Nigerians to work collaboratively to combat graft. He encouraged the formation of integrity clubs and active participation in anti-corruption campaigns, urging youths to serve as whistleblowers against corrupt practices in their communities.

    Read Also: EFCC chairman announces cybercrime research centre to combat internet fraud

    He further noted: “No structure can defeat corruption without individual resolve. Youth must make a personal commitment to integrity. Reject the shortcut of corruption because, as we say, shortcuts often cut people short.”

    The event saw the attendance of the Kaduna State Governor, represented by his Special Adviser on Stakeholders, Abdul Ahmed Ishaq; the Commissioner of Justice, Sule Shuaibu, SAN; military and paramilitary officials; students from various schools; and traditional and religious leaders.