EFCC seeks cut from recovered loot

EFCC Operatives
EFCC Operatives

The Economic and Financial Crimes Commission, EFCC, has urged a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations.

The Acting Chairman of the commission, Ibrahim Magu, made the request at the national anti-corruption conference organised by the Presidential Advisory Committee against Corruption, PACAC, and the National Assembly in Abuja.

The conference which began Tuesday will end Wednesday.

Mr. Magu said the review will be in line with international best practices.

“In some jurisdictions like the UK, proceeds of crime are further used to strengthen the agency,” he said.

“In EFCC, we have been struggling for years to build our headquarters and when I think of the billions of naira we recover, I can see what would have happened if we are allowed to apply a percentage of this recovery into our operations.

“There is the need for the Act to make a provision for an application of the proceeds of crime into recapitalising the anti graft agencies.”

The EFCC boss also advocated the amendment of the country’s anti-graft laws to place the burden of proof on the accused in corruption cases.

EFCC Chairman, Ibrahim Magu
EFCC Chairman, Ibrahim Magu

“One the issues that concerns us in the EFCC is that of non-conviction based recovery.

“It is of great concern to us that the burden is on us to prove in court that this is a proceed of crime.

“But in other climes the accused has to prove that the property he has, actually represents the fruit of his labour.

Mr. Magu was represented at the event by David Tukura, the Deputy Director of Planning, Policy and Statistics of the commission.

Vice President Yemi Osinbajo, who opened the conference, called for more support from Nigerians for the Buhari administration’s efforts at recovering stolen funds from looters of the nation’s treasury.

Mr. Osinbajo lamented the state of corruption in Nigeria.

He said the country stands the risk of remaining underdeveloped if nothing is done to stem the tide of corruption.

The President of the Senate, Bukola Saraki, said the anti-corruption war being waged by the government should not be a tool for political witch-hunt.

“In order to succeed this time, we cannot afford to make the fight against corruption a simple matter. We cannot afford to make it a chase in the dark. It must be rooted in effective strategy and demonstrative plan.”

Mr. Saraki emphasised the need for the anti-corruption campaign to be a collective responsibility of Nigerians to rid the country of impunity and hardship.

The theme of the conference is : “The Role of the Legislature in the Fight against Corruption in Nigeria.”


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  • Mamman Bako

    Looting the loot! This’s been going on, now they want to make it legitimate. ‘Sorry for Nigeria!!

    • Opekete

      May be you will be happy if the recovered loot is warehoused in a bank for the next politicians to re-loot.

  • Man_Enough

    Any government that is serious about tackling corruption will take adequate care of the responsible agencies. All government agencies should draw their funding from the budget so that it can be monitored. It is up to them to plan properly and present a reasonable proposal. Allowing agencies to draw directly from their income is what has breeded so much graft in NNPC.

    • share Idea

      Is it not a shame that government that Zero-budgeting is declaring open such a seminar?

  • The Rt. or Lft. Hon NinjaK

    EFCC – “Looting The Looter; Re-looting The Loot”

  • vagabonds in power

    Justices arrested by operatives of the Department of State Services, DSS,

    Justice John Inyang Okoro, has accused Minister of Transport Rotimi Amachi

    of having attempted to bribe him over three election petitions matters

    that were resolved earlier this year.In a letter addressed to the Chief Justice of Nigeria, Justice Okoro

    narrated his ordeal in the hands of DSS on the night of Friday October 7th

    and early morning of Saturday October 8th.

    He said Rotimi Amaechi came to his house to inform him that both President

    Mohammadu Buhari and the All Progressives Congress asked to tell him that

    they must win their cases in three states of Rivers, Akwa Ibom and Abia

    states.

    The judge said Amaechi told him that he sponsored Umana Umana, the

    candidate of the All Progressives Congress in the Akwa Ibom state

    governorship election. He alleged that Amaechi promised him a monthly pay

    from Umana once the candidate is declared the winner of the election by

    the Supreme Court.

    • Uzoma John

      That doesn’t absolve Okoro of corruption. Amaechi is not DSS. Let him face DSS on the investigation and charges to be brought against him. He should leave Amaechi alone. Will Okoro also tell you those PDP members he collected bribe from. If NJC can lie about not receiving petitions against judges, what stops Okoro from lying.

    • Opekete

      Nice try Mr. Okoro. At least there is a proof or evidence of corruption recovered from your residence. Give us a concrete evidence of your allegation against Amaechi. Because you alleged does not make it a crime until you give us a proof.

  • Tunde

    Good idea and in line with international best practice ! It is better that the looters carry the cost of recovery , instead of tax payers.

  • vagabonds in power

    The EFCC has as a matter of fact, outlived it usefullness to its

    orignal founder,OBJ.

    OBJ is nomore in power,and therefore EFCC must now be dismantled.

    The Chief,Olusegun Obasanjo,our erstwhile President, had in

    his time, used the EFCC to hound his political foes,real or imagined.

    But today,our rogue Fulani President,Muhammadu Buhari has

    reconstituted the EFCC as one of his Jhadist Institutions, like

    his Miyetti Cattlle Breeders’ Association of Nigeria, and its

    ramapaging Fulani Herdsmen, to intimidate and oppress us

    indigenous Nigerians.

    The EFCC is now used by the Caliphate of Sokoto in its grand

    plan to Islamise and make our fatherland its Usman Dan Fodio

    Estate.

  • The Optimist

    Why not? They deserve a slice of the cake on the table (though it’s hard to believe there is no ‘under the table gratifications’). After all, FIRS takes care if itself a little from what it collects.

    • time for Buhari to go

      U must be an Ibo man

  • vagabonds in power

    The EFCC has as a matter of fact, outlived it usefullness to its

    orignal founder,OBJ.

    OBJ is nomore in power,and therefore EFCC must now be dismantled.

    The Chief,Olusegun Obasanjo,our erstwhile President, had in

    his time, used the EFCC to hound his political foes,real or imagined.

    But today,our rogue Fulani President,Muhammadu Buhari has

    reconstituted the EFCC as one of his Jhadist Institutions, like

    his Miyetti Cattlle Breeders’ Association of Nigeria, and its

    ramapaging Fulani Herdsmen, to intimidate and oppress us

    indigenous Nigerians.

    The EFCC is now used by the Caliphate of Sokoto in its grand

    plan to Islamise and make our fatherland its Usman Dan Fodio

    Estate.

  • thusspokez

    EFCC, has urged a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations.

    Bearing in mind what recently transpired between the SSS and Nigerian police in Port Harcourt, Rivers State during an attempted raid on the premises of a High court Judge. Now Nigerian dodgy law enforcement agencies being what they are, I can imagine a shootout — if not indeed a mini battle — between the law enforcement agencies each trying to raid the same premises where money is suspected to be stashed, in other to be a recipient of a share of any cash forfeitures.