Tag: EFCC

  • Threatening trajectory

    Threatening trajectory

    • Rising youth involvement in crime must be addressed without delay

    Although it turned out that the Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, was misquoted regarding a comment linking Nigerian youths with criminal activities, there is only a minor difference between what he reportedly said and the misrepresentation. And his observation is serious enough to demand attention.

    Olukoyede ran into trouble when he reportedly said “it is worrisome that seven out of 10 students today are involved in cybercrimes.” A post on the anti-corruption agency’s X page had credited him with the comment. He was speaking with a delegation from Daar Communications Plc at EFCC headquarters in Jabi, Abuja.

     ”These are the youths we are preparing to be leaders of tomorrow. The media should not relent in enlightening them on the evils of such criminal practices,” the EFCC boss was quoted as saying.

    This is ordinarily candid talk. But it apparently did not go down well with some people, particularly the National Association of Nigerian Students (NANS), which promptly demanded that the anti-graft agency boss must provide verifiable proof to support his claim or retract his statement.

    Clarification from the EFCC calmed the brewing storm. The commission’s spokesman, Dele Oyewale, in a statement, clarified that Olukoyede’s observation was misrepresented. According to him, the EFCC boss had expressed concern about “the rising incidence of internet-related crimes involving youths across the country.”

    Read Also; New Year: Gov Alia pardons 12 inmates

    He said Olukoyede “did say that reports and intelligence available to him indicated that, unless this trajectory of youth involvement in internet fraud is addressed and reversed, the future of their leadership of our great nation may be threatened, and if it continues in the next 10 years, 7 out 10 of our youths may be getting involved in cybercrimes.” He described the misinterpretation as “needless.” Perhaps the commission should have communicated what its boss said in a clearer way.

     Nobody should castigate the EFCC boss for his candour. As the anti-corruption czar, he must know what he is talking about.  Nigerians are regularly bombarded with news of suspected internet fraudsters rounded up by EFCC officials all over the country. Most of those involved are youths. We also have an increasing number of youths involved in cultism, armed robbery, ritual murders, etc.

    We understand the reaction of NANS, among others. But this is not about sentiment. We expect that by virtue of his position, the EFCC boss can speak authoritatively on crime, particularly escalating youth involvement in criminal activities. Even if 70 percent of Nigerian youths or students are involved in internet frauds, it means that not all of them are involved. But, as the saying goes, one bad egg could spoil it all.  What Olukoyede has done is to warn of the consequences, if those that would inevitably pilot the affairs of the country in the future are involved in crimes.

     Rather than NANS getting angry with the EFCC boss, the association should look inward. After all, at its last election, guns boomed.  That was condemnable. Definitely, not all Nigerian students or youths would sanction such conduct.

    Olukoyede’s statement should be seen as a clarion call to address the worrisome trend before it snowballs into something worse.  Indeed, according to the EFFC’s clarification, “Olukoyede is doubly committed to the progress of Nigerian youths and this underscores his calls for collaborative interventions in offering them more productive and sustainable alternatives.”

    Governments at all levels too must be involved in seeking solutions to the challenge by way of job creation and empowerment programmes to keep the youths productively engaged so that they can put their creative energies to productive use rather than getting involved in criminal activities.

  • Woman faults EFCC over re-arrest for contempt of court

    Woman faults EFCC over re-arrest for contempt of court

    A woman, Floriana De-Stefani, has faulted a media report linked to the Economic and Financial Crime Commission (EFCC) that she was rearrested for contempt of court over her failure to vacate her property on Warring Road, Ikoyi, Lagos State.

    EFCC had said in its statement that it re-arrested De-Stefani for failing to obey a court order upon her conviction by Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.

    However, a statement by De-Stefani’s lawyer, Clinton Anwara, explained that EFCC was aware that an appeal and stay of execution had been filed against the judgment of the lower court at the Court of Appeal in Lagos, yet, it insisted on forcible ejection of De-Stefani and misled the public about the facts of the case.

    Read Also; Florence Ita-Giwa retires?

    The statement reads: “We restate emphatically that an application for stay of execution of the judgment of the trial court ordering our client to give up possession of the property at 14 Warring Road, Ikoyi, Lagos, to Waterside Properties Limited, has been filed at the Court of Appea and parties are expected to maintain status quo pending the hearing and the determination of the application for a stay of execution.

    “The record of proceedings having been compiled and transmitted to the Court of Appeal, the lower court has lost jurisdiction to take any step as regards the subject matter which includes the enforcement/ execution of the said judgment.”

    The statement described a recent attempt by the EFCC to enforce the judgment as unlawful.

    It added: “It came to our notice that on December 18, 2023, some officers of the EFCC charged into the said property without a court order or court sheriff to execute the said judgment. We had taken the liberty of contacting both the sheriffs of the high court and the Appeal Court, whose duty it is to enforce the judgment of the court and none is aware or approved the purported enforcement of the said judgment of the Court of Appeal.” 

  • EFCC re-arrests convicted Italian over contempt of court

    EFCC re-arrests convicted Italian over contempt of court

    The Economic and Financial Crimes Commission (EFCC) has re-arrested a convicted Italian, Floriana De-Stefani, for failing to obey a court order upon her conviction by Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.

    This is according to a Friday statement by the EFCC.

    “The judge had, on October 7, 2022, found De-Stefani guilty of using false documents and counterfeit seals to confer on herself ownership of a property belonging to a company, Waterside Properties Limited, an offence contrary to Section 366 of the Criminal Law of Lagos State,” the agency said.

    Read Also: EFCC releases ex-Power Minister Agunloye on bail

    “Delivering judgment, Justice Dada had sentenced the convict to three years in prison and also ordered the release of the property on 14 A&B Warring Road (formerly Bayo Kuku Road), Ikoyi, Lagos to Waterside Properties Limited within three weeks.

    “De-Stefani was, however, re-arrested on Tuesday, December 19, 2023, for refusing to vacate the property ordered for release to the company by the court.

    “Following her arrest on Tuesday, she was also issued a notice by the Commission to vacate the property within seven days or risk legal actions.”

    The statement reads: Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have re-arrested a convicted Italian, Floriana De-Stefani, for failing to obey a court order upon her conviction by Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.

  • EFCC now to beam searchlight on councils

    EFCC now to beam searchlight on councils

    Local governments will soon be on the front burner of the war against graft by the leadership of the  Economic and Financial Crimes Commission (EFCC).

    The commission has signalled its desire to “buy in” people at the grassroots to achieve its desire to fight corruption, especially in the councils.

    EFCC Chairman Ola Olukoyede revealed this during a two-day workshop for local government officials in Kaduna State.

    Olukayode, who was represented at the event organised by the state’s Ministry of Local Government by the Zonal Commander of the commission  Aisha Abubakar, spoke on “Enhancing Fiscal Discipline in the Management of Local Government.”

    The EFCC chairman explained that the decision to beam the searchlight on the councils was because of wastages and a near lack of democracy dividends at the grassroots.

    He argued that once the EFCC was able to achieve the policy objective of driving economic development by stopping stealing and wastage of public funds, governance would become simple.

    Olukayede said:  “All over the world and especially in Africa, local government is structured as a means of enhancing development and service delivery, improving governance and deepening democracy.

      “Fiscal discipline has to do with prudent management of resources. It has to do with financial discipline and integrity, accountability and transparency in the allocation of resources.

    “The local environment in Nigeria is where the bulk of our people lives. This means that local government administration must be sensitive to the needs of the people. There is no way we can have enough resources for the people, but when we apply discipline in the allocation of what we have, we will be able to meet many of the needs at the grassroots.

    “The EFCC under my watch will encourage genuine efforts geared towards meeting the needs of the people. We will require local people to be ready to offer information to us on how their resources are being used.’’.

    Read Also: EFCC confirms arrest of ex-power minister Agunloye

    To this end, Olukayede urged Nigerians, especially those at the grassroots to be more determined in their quest for a better life by joining the agency in exposing corrupt practices.

    He added: “Let me stress here, that corruption has no colour, no tribe and religion. The people who steal Nigeria’s resources are both Christians and Muslims. It is not a battle between religions; the corruption fight is also not between tribes. What we are fighting in this country is a battle between good and evil; it is a collective battle for the soul of Nigeria; a battle for the future generation of yet unborn Nigerians; it is indeed, the battle for the future of Africa.

    “We must not create an environment where when we punish people because they have engaged in corruption, we will give them protection because they come from our tribes.

    “The quest to ensure that we do not create an environment for the corrupt to take over our society belongs to every one of us. It should not be left only to the EFCC and sister anti-graft agencies. It is against this backdrop that I reiterate the need for buy-in of the grassroots, which is the local governments, in the fight against graft.”

  • Ex-Power Minister Agunloye in our custody, says EFCC

    Ex-Power Minister Agunloye in our custody, says EFCC

    The Economic and Financial Crimes Commission (EFCC) has said a former Minister of State for Power, Dr. Olu Agunloye, is in its custody.

    The anti-graft agency confirmed Agunloye’s detention last night, few days after he was declared wanted.

    A source at the anti-graft agency said the ex-minister had been detained since December 13.

    “He has been with the EFCC since December 13. But it was not made public,” the source said.

    About a week ago, the EFCC had declared Agulonye wanted over an alleged $6 billion fraud connected to to the controversial Mambilla hydropower project.

    Read Also: EFCC confirms arrest of ex-power minister Agunloye

    “The public is hereby notified that Olu Agunloye, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of corruption and forgery,” the agency wrote on its social media platforms.

    It urged anyone “with useful information as to his whereabouts” to contact the agency.

    Last September, the EFCC had questioned the former minister over the same issue.

  • Why we’re taking corruption fight to local government – EFCC Chair

    Why we’re taking corruption fight to local government – EFCC Chair

    The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said that the anti-graft body has decided to beam its searchlight and take the corruption war to the grassroots, saying that the people are very close to the local government administration.

    He stated that once the EFCC can eliminate theft and wastefulness and successfully achieve its policy objective of promoting economic development, creating wealth, and providing job opportunities for the people across the 774 local government areas of Nigeria, the task of governance will become much simpler.

    Olukoyede made this known during a 2-day workshop for local government officials in Kaduna state organized by the Ministry of Local Government, Kaduna State held on Tuesday.

    According to the EFCC boss, the local government being an important tier of government that is closed to the populace at the grassroots is one of the best agencies that could drive the much-needed wider participation of the local population in the anti-corruption campaign.

    He said: “All over the world and especially in Africa, local government is structured as a means of enhancing development and service delivery, improving governance and deepening democracy”.

    Represented by the Zonal Commander, ACE, Aisha Abubakar, the EFCC Chairman noted that by definition, a local Government is a government operating through representative councils established by law to exercise specific powers within defined local areas.

    Speaking to the theme of the workshop, “Enhancing Fiscal Discipline in the Management of Local Government”, Olukoyede posited that the importance of local government as the third tier of government, vis-a-vis the topic for this engagement, cannot be over-emphasized. 

    He said: “Fiscal discipline has to do with prudent management of resources. It has to do with financial discipline and integrity, accountability, and transparency in the allocation of resources.

    “The local environment in Nigeria is where the bulk of our people live. This means that local government administration must be sensitive to the needs of the people. There is no way we can have enough resources for the people, but when we apply discipline in the allocation of what we have, we will be able to meet many of the needs at the grassroots.

    “The EFCC under my watch will encourage genuine efforts geared towards meeting the needs of the people. We will require local people to be ready to offer information to us on how their resources are being used. To this end, the EFCC leader urged Nigerians at the grassroots to be more determined in their quest for a better life. Through this determination, they will be ready to join the EFCC in exposing corrupt practices in their midst.

    “Let me stress here, that corruption has no colour, no tribe and religion. The people who steal Nigeria’s resources are both Christians and Muslims. It is not a battle between religions; the corruption fight is also not between tribes. What we are fighting in this country is a battle between good and evil; it is a collective battle for the soul of Nigeria; a battle for the future generation of yet unborn Nigerians; it is indeed, the battle for the future of Africa.

    Read Also: EFCC confirms arrest of ex-power minister Agunloye

    ”We must not create an environment where when we punish people because they have engaged in corruption, we will give them protection because they come from our tribes.

    “The quest to ensure that we do not create an environment for the corrupt to take over our society is one that belongs to every one of us. It should not be left only to the EFCC and sister anti-graft agencies. It is against this backdrop that I reiterate the need for buy-in of the grassroots, which is the local governments, in the fight against graft”.

    Among the workshop participants, the Kaduna State Chairman of ALGON and Chairman of Kudan Council, Shuaibu Bawa Jaja, and the Administrator of Jaba Local Government, Mrs Nita Byack George expressed optimism that, they will be well equipped in the aspect of financial management towards the development of their local governments at the end of the workshop.

  • EFCC confirms arrest of ex-power minister Agunloye

    EFCC confirms arrest of ex-power minister Agunloye

    A few days after being listed as wanted, Olu Agunloye, former minister of state for power, was confirmed to be in custody by the Economic and Financial Crimes Commission (EFCC).

    According to a Channels Television source within the anti-graft bureau, Agunloye has been in custody since December 13, 2023.

    The source said: “He has been with the EFCC since December 13th. But it was not made public.”

    About a week ago, the EFCC proclaimed Agulonye wanted in connection with a $6 billion purported scam involving the contentious Mambilla hydropower project.

    The agency said: “The public is hereby notified that Olu Agunloye, whose photograph appears above, is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of corruption and forgery.

    “With useful information as to his whereabouts” to contact the agency. The EFCC had in September questioned the former minister over the same issue.

    Read Also: EFCC declares ex-minister Olu Agunloye wanted

    Agunloye was a minister under President Olusegun Obasanjo’s government (1999-2003). He has been at the centre of the controversy about the Mambilla project.

    He was accused by Obasanjo of illegally awarding the project’s contract without the Federal Executive Council’s (FEC) consent. 

    However, Agunloye refuted the charges and asserted that the outgoing president was falsifying information.

  • EFCC chair seeks legislation against unexplained wealth

    EFCC chair seeks legislation against unexplained wealth

    Economic and Financial Crimes Commission (EFCC) Chairman Ola Olukoyede has called for legislation against unexplained wealth to check treasury looting.

    He made the call at a two-day international law conference with the theme: “Unexplained Wealth in the Global South: Examining the Asset Recovery and Return Trajectory” organised by Attorney General Alliance (AGA) Africa Programme in partnership with the Christopher University, Mowe, Ogun State.

    Olukoyede said the commission still relies on the provisions of Section 7 of its Establishment Act to check the menace when many countries such as the United Kingdom, Australia, Mauritius, Kenya, Zimbabwe and Trinidad and Tobago had embraced the Unexplained Wealth Orders (UWOs) since it came into force in 2018.

    “Countries are faced with criminalities emanating from money laundering practices and illicit funds, which led to the promulgation of UWOs in 2018.

    “Several countries have come up with UWO. Nigeria is yet to come up with a national legislation on it,” he said.

    The EFCC boss, represented by the Abuja Zonal Commander, Assistant Commander Adebayo Adeniyi, emphasised that treasury looters would have little cover if the issue of unexplained wealth was tackled more seriously across the world.

    He said: “In Nigeria today, unexplained wealth has become a practical means of tracing, identifying, investigating and prosecuting corruption cases.

    “As an anti-graft agency, suspects of any economic and financial crimes are usually required to declare their assets in the course of an investigation.

    “The basis for this is to properly establish their true asset base and their linkage or otherwise to any act of corruption.

    “Owing to the absence of legislation on the issue of unexplained wealth, the EFCC continues to rely on provisions of Section 7 of its Establishment Act to handle it.”

    Olukayode said the recovery of stolen funds stashed in foreign jurisdictions is more complex.

    The keynote speaker, Jonathan Huth, former United States of America civil prosecutor, said lawyers working as asset recovery experts must have a good knowledge of the brief, what the law says about the matter, and have a clear idea of how to handle it by improving their skills.

    Independent Corrupt Practices and Other Related Offences Commission (ICPC) Chairman, Dr Musa Aliyi, represented by the head of Lagos operations, Hadiza Rimi, called for the proper handling and accounting of all proceeds of crime, especially those seized from corrupt public officers.

    He said this would go a long way in creating public confidence and encouraging more whistleblowers to come out.

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    A legal expert, Babajide Ogundipe, urged the government to engage the best lawyers in asset recovery cases given the complexities involved.

    He also suggested the non-conviction process as a way to recover unexplained wealth, which in most cases are proceeds of corruption.

    Senior Partner at Punuka Attorneys and Solicitors, Dr. Anthony Idigbe (SAN) said while lawyers are bound to defend their clients, they should also report to the authorities any crime about to be committed by those they represent.

    Vice-Chancellor of Christopher University, Prof Olatunji Oyelana, said the collaboration with AGA-Africa was to bring experts together to chart new paths in the anti-corruption war and to increase understanding of unexplained wealth and how to track them.

    AGA Africa Programme trains prosecutors, judges and investigators in at least 12 countries.

    It helps to create a knowledge bridge between the U.S. State Attorneys General and members of the criminal justice system in Africa.

    The programme is designed to share expertise and build capacity to combat a myriad of transnational crimes such as human trafficking, cyber-related fraud and money laundering.

  • EFCC steps up fight against corruption, strengthens forensic capacity

    EFCC steps up fight against corruption, strengthens forensic capacity

    The Economic and Financial Crimes Commission (EFCC) has vowed to strengthen its forensic capacity for preventive operations against financial crimes in the country.

    The agency also reiterated that it’s leaving no stone unturned in driving a more proactive intelligence-gathering strategy towards dwarfing corruption and related financial crimes.

    He said: “EFCC will not rest on its ores. We will intelligently, as usual, beam our forensic eye against financial crimes. We are more concerned with preventive rather than prosecution approaches to fighting corruption head-on.

    “The commission will strengthen its intelligence components in knowing what went wrong that financial crimes keep happening.”

    The commission’s Sokoto zonal commander, ACE I Aliyu Yunusa vowed on Friday, December 15, in Sokoto while speaking to reporters at the zone’s 2023 operations review and end-of-year dinner.

    He said the commission would redouble efforts at discharging its strategic responsibility to achieve the desired results against the demon which he noted was fast retarding the economic prosperity of the country.

    Read Also: EFCC arrests twin brothers, five others over alleged internet fraud

    According to the zonal boss who oversees Sokoto, Kebbi, and Zamfara states, the commission could improve its operation with the deliberate support of stakeholders including the media in spreading its crusade against financial malpractices through intelligence gathering, sensitization, and advocacy.

    ACE I Yunusa however, said the zone had made some remarkable inroads to have stopped numerous crimes and recovered funds for individuals who lost hope for the activities of dubious elements.

    He disclosed: “Now the zone is robustly doing well in the fight against financial crimes. It has exceeded its target with over 65 convictions within the year under review. We are ranking tops.”

    The zonal boss, notwithstanding, enumerated a dearth of manpower, training, and technology as focal challenges shrouding the commission’s operational activities.

    This, he said the commission would have to brace for more manpower and continued training of its personnel as well as updating knowledge on innovations and technology to be ahead of criminals’ antics.

    He noted that the prevalence of financial crimes dwelled on illegal usage of personal accounts through NIN and other platforms, stolen money using BVN by dubious elements who also swapped ATM cards and eventually cleared customers’ accounts to zero balance.

    He explained: “All these are done mostly through stolen phones with account details attached which makes it easier for crime perpetrators to transfer all account balances in their favour.”

    Meanwhile, the top echelon of the zonal command, CSOs, NGOs, NYSC zero-tolerance club on corruption, youth and educational institutions anti-corruption clubs, and representatives of other security agencies in the state among others in attendance at the brief event heralded and climaxed with rendition and musical entertainment.

  • EFCC arrests twin brothers, five others over alleged internet fraud

    EFCC arrests twin brothers, five others over alleged internet fraud

    The Economic and Financial Crimes Commission (EFCC) has arrested twin brothers, Taiwo and kehinde Adio alongside five others over alleged internet fraudulent activities in Ibadan, Oyo State.

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

    According to him, they were arrested on Dec. 7, at Apete and Apata areas of Ibadan, following surveillance and actionable intelligence on their suspected involvement in internet- related offences.

    “The five other suspects are Jeremiah Gabi, Dennis Gomina, Adepoju Ibukun, Olabode Opeyemi and Adewumi Ayomide.

    Read Also: Stop warehousing looted funds from Africa, EFCC chairman begs beneficiary nations

    “In the same vein, the Oyo State Police Command handed over three suspected internet fraudsters to the Ibadan Zonal Command of the EFCC on Dec. 7. They were arrested by the police while on patrol.

    “Investigations carried out by the EFCC revealed that one of the three suspects was not involved in internet fraud and was released immediately without any bail condition.

    “The two suspects are Joseph Isaac Justice and Ayoola Oluwatosin,” he said.

    He said items recovered from the nine suspected fraudsters include one Toyota Corolla car, iPhone 11, two Samsung mobile phones among others.

    Oyewale said that the suspects would be charged to court as soon as investigations are concluded. (NAN)