N14bn laundered abroad by corrupt Nigerians – EFCC boss

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… Wants institutional strengthening of anti-graft agencies

From DENNIS MERNYI, Abuja

The Economic and Financial Crimes Commission (EFCC) has disclosed that it has prosecuted over 44 persons involved in the fuel subsidy fraud since the probe by the National Assembly early in the year. EFCC chairman Ibrahim Larmode who revealed this in Abuja Monday at the celebration of the International Anti-Corruption day said the marketers stole over N323 billion belonging to government. Lamorde also announced that the commission has so far since the beginning of the year intercepted over $9 million being laundered money at various points out of the country by some greedy Nigerians.

Also, he said over N14 billion representing a good percentage of the country’s budget has been laundered abroad by some corrupt Nigerians. The EFCC boss however, called on government to rather strengthen the anti-corruption agencies in the country by providing adequate funding and more powers to be able to fight corruption in the country.

Lamenting the challenges faced by the anti- graft agencies in prosecuting alleged corrupt persons, Lamorde blamed the judiciary for deliberate delay in the quick dispension of corruption cases particularly those against some rich Nigerians who have stolen from government treasury.

“In as much as we do not want to blame the judiciary over the delay in prosecuting some corruption cases against some prominent Nigerians, I think the system needs to be reformed. “It is dangerous that a governor charged over corruption will go to court and obtain an order restraining trial.

An armed robber can do same if the trend continues. He said, “It is also amazing that a case of corruption brought against a governor in 2006 would last in the court till 2012 before the Supreme Court would order for a retrial”. According to him, the judiciary should discharge cases before them immediately instead of keeping them as long as between 6 to 7 years.

In an opening address, Chairman of the Inter Agency Task Team (IATT) and Chairman Board of Nigerian Extractive Industry and Transparency Initiative) NEITI, Ledum Mitee expressed dismay over the continuous rage of corruption in the country with the array of legislation and anti- corruption institutions like the ICPC, EFCC NEITI and the office of the Auditor General. According to him, “giving the impressive landscape for addressing the corruption malaise, why has corruption remained a hydra-headed monster in Nigeria with no insight to end it.”

Admitting that the government and people of Nigeria lack the proper approach to combat corruption, Mitee noted that “obviously, our performance in fighting corruption has been very poor. However, we cannot continue on this part. We must steer the ship aright”, he stated.

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16 Comments

  1. both of you guys in govt are all corrupt from A to Z……………… even Nigerian Court is full of corruption……. police chairman of corruption in Nigerian all of u are same

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  3. THE AGENCY WAS NEVER DESIGNED TO FIGHT CORRUPTION, RATHER AS ONE OF THE AVENUES TO SETTLE POLITICLE SCORES. SO DON’T EXPECT TO PERFORM MAGIC. IF THE GOVERNMENT IS INTERESTED IN FIGHTING CORRUPTION, WHAT STOPS IT FROM ESTABLISHING INDEPENDENT COURT FOR THAT AS YOU DO HAVE MILITARY TRIBUNALS FOR COUP PLOTTERS?.

  4. Nigeria Govt. enough of this TOOTHLESS BULLDOG Soap opera.Once EFCC cannot bite the corrupt Gvrns and the Looters (POLITICANS) WE are not interested in their COOKED stories.

  5. The angels of God are already on their way to come and clear all these currupt leaders and destroy their generation. Nigeria will be cleaned and return to it old good days.Honesty,unity in purpose and love between one another shall be restored.Peace and development will come.This has been the masses prayers.

  6. PLEASE MY BROTHERS AND SISTERS OF FGN LETS WORK TOGETHER AND FIGHT THIS GOVERNMENT BY OUR SELF . SEE WHAT HAPPENING IN ARAB WORLD, LETS STAND TOGETHER WITH ONE VOICE LIKE EGYPT AND BRING ALL THESE BAD PEOPLE IN THE GOVERNMENT TO BOOK . EVERY TIME WE SAID GOD WILL FIGHT FOR US AND THINGS ARE GETTING BAD IN THIS COUNTRY, ENOUGH IS ENOUGH , LETS MEET IN NATIONAL STADIUM LAGOS ON 27TH FEB 2013 FOR CONFERENCE MEETING AND DISCUSS HOW TO MOVE THIS PEOPLE BY OUR SELF THATS WHAT WILL BRING LIGHT , LETS STOP TALKING EVERYTHING EVERY DAY. POLICE , SOLIDER BE READY TO ARREST US OR YOU JOIN US FOR BETTER ONE NIGERIA. GOD BLESS FGN

  7. Kalu J. Okafor on

    It is so nauseating that individuals who know that they cannot perform in any vital position still accept the offer or buy the position. What is Lamorde trying to imply? Look at these: (1) “Lamorde also announced that the commission has so far since the beginning of the year intercepted over $9 million being laundered money at various points out of the country by some greedy Nigerians”. WHO ARE BEHIND IT AND WHAT HAS LAMORDE AND EFCC DONE TO THEM AS A DETERRENT? (2) “Also, he said over N14 billion representing a good percentage of the country’s budget has been laundered abroad by some corrupt Nigerians”. WHY CAN’T HE EXPOSE THOSE INVOLVED AND ACT AGAINST THEM? (3) “The EFCC boss however, called on government to rather strengthen the anti-corruption agencies in the country by providing adequate funding and more powers to be able to fight corruption in the country”. PROVIDE ENOUGH FOR LAMORDE AND FRIENDS TO STEAL? WHAT HAS HE DONE WITH THE ONE GIVEN TO HIM? “Lamenting the challenges faced by the anti- graft agencies in prosecuting alleged corrupt persons, Lamorde blamed the judiciary for deliberate delay in the quick dispensing of corruption cases particularly those against some rich Nigerians who have stolen from government treasury”. IT IS AN OPEN SECRET THAT EFCC, MOST TIMES, MUDDLE UP THE CASES FOR MONEY. HOW COULD YOU BRING MORE THAN 40 OR 50 CHARGES AGAINST A CORRUPT PERSON AND PRETEND TO BE ABLE TO PROVE THE CASES BEYOND REASONABLE DOUBT? LAMORDE SHOULD GO. HE HAS BECOME TOO FAT FOR THE JOB. HIS BODY OOZES OUT THE SCENT OF DOLLARS, POUNDS, NAIRA, ETC, ETC. MR CLEAN MY ASS.

  8. There is no way you can fight corruption without restructuring the country. Even if an angel of God should come down from heaven he will not be able to fight corruption in Nigeria. In fact the country Nigeria is corruption itself.

  9. Do those Nigerians have names?
    If Mr. efcc is afraid of calling their names, he should withdraw the story and resign with respect. We understand your predicament Sir.
    VIP looting in Nigeria takes care of all the checks and balances provided in the country to fight corruption and that is why it will never die. Mitee, take it or leave it.

  10. Good speeches. In implementation, selective. The masses still see these corruption agencies as paying lip service. Go to all ministries, parastatals, institutions corruptions are the order of the day. Politicians and biz men are the only corrupt people. How many of these serving govt officials have been prosecuted or are there not several petitions lieing in ur office to that effect or maybe they are angels. Look inward. Charity begins at home.

  11. I agree with the EFCC boss that judiciary is the problem in fighting corruption. If not, how can a case languish in the court system for six to seven years and the judges cointinuously adjourn them. This is miscarriage of justice, as it is said “Justice delayed is justiced denied” I am always of the opinion that if there can be a conviction of the so called rich (untouchable) men, and the judge severely sentence them, lessons might be learn.t. or would be scammers might have a second thought be fore going into the business.

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