Showing posts with label Economic and Financial Crimes Commission (EFCC). Show all posts
Showing posts with label Economic and Financial Crimes Commission (EFCC). Show all posts
EFCC Nabs, Probes Former Akwa-Ibom Governor Over Diezani's Bribe For Election Result Scandal
News Proof 6.6.16 No comments Edit Post
Ostensibly NOT Senator Godswill Akpabio, a former governor of Akwa-Ibom State, now Senate's Minority Leader as many would have anticipated, but a an unnamed ex-military governor of the is reportedly under the probe of the anti-graft agency, the Economic and Financial Crime Commission, EFCC in connection with N450million which was allocated to the state out of the N23.29billion allegedly provided by former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke.
The cash is believed to have been for INEC officials as a bribe to change the results of the 2015 presidential election our source, The nation Newspaper reports
The anti-graft agency had questioned a former Military Administrator of the state and others in connection with the bribe.
But during one of the interrogation sessions, one of the suspects said the ex-governor allegedly “deducted N150million out of the bribe sum for personal use”.
“We are likely to invite the ex-governor for interaction,” the EFCC source added.
Corruption Special Promotions For EFCC Chairman: Magu, Like Ribadu, Like Lamorde, By Ifere Paul
News Proof 5.6.16 No comments Edit Post
There is every reason to be sad about the recent special promotion given to Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission, from Assistant Commissioner of Police to Deputy Commissioner of Police by the Police Service Commission. Not only does the promotion violate extant rules, regulations and guidelines for promotions in the Nigeria Police Force, it's also going to undermine discipline in the Force, where officers morale is presently at very low ebb due to incessant special promotions given to juniors, far above their seniors. The special promotion to Magu also portends grave danger for the anti-corruption campaign.
One of the mistakes of past administrations is the appointment of officers on the rank of Assistant Commissioner of Police to head the EFCC. Although the EFCC Act allows for officers of this rank (retired or serving) to head the EFCC, representatives of the Force in the EFCC Board is stipulated not to be below the rank of an Assistant Inspector General of Police. This apparently shows the EFCC Act as defective, which also calls for an urgent amendment by the National Assembly. Only Farida Waziri was appointed as EFCC Chairman on the rank of Assistant Inspector General of Police which she retired. The maturity she led the EFCC during her time before she was unceremoniously relieved of her appointment underscores the mistakes in appointing persons of lower ranks.
Nuhu Ribadu and Ibrahim Lamorde were appointed EFCC Chairmen as Assistant Commissioner of Police. Ribadu was later given special promotions to Assistant Inspector General of Police, while his course mates were still Chief Superintendent of Police and Assistant Commissioner of Police during his tenure as EFCC Chairman. Ibrahim Lamorde, who is currently a Commissioner of Police also has course mates languishing in the Assistant Commissioner of Police rank. It is apparent Ibrahim Magu who worked under Ribadu and Lamorde had learned from the duo how to do things wrongly.
One of the greatest mistakes of the present administration is appointing Magu as EFCC Chairman. His non confirmation more than six months after he was given an acting appointment in total violation of the Public Service Rules on acting appointment reveals that the government doesn't have confidence in him. Beyond media trials and cases the Presidency initiated or have interest, Magu has shown to be out of his depth in initiating ideas that will move the EFCC forward. Media trials, campaigns and road shows will not fight corruption. The Police Service Commission also has several petitions against its leadership Sir Mike Okiro and Acting Secretary Mr. Emmanuel I be lying fallow in the EFCC. Magu lobbying for, and receiving a special promotion from the Police Service Commission reveals that he had compromised their investigations.
The President should as a matter of urgency, remove Ibrahim Magu as EFCC Chairman. His opposition to the Money Laundering Bill by the President currently before the Senate points to the fact that he's not on the same page with the President in the anti corruption crusade. The President should also order the reversal of his special promotion and several others by the Police Service Commission in recent times for the interest of justice.
Ifere Paul is an activist and development consultant. He writes from China.
The Federal Government on Saturday released details of loots recovered from some looters in the past administration of Goodluck Jonathan but reneged the earlier promise to name the 'culprits'.
The government earlier cited legal' reason for the renege but check by News Punch discovered further reasons why names of the looters were not actually mentioned
- Pressure on the President and a superior argument that doing so would jeopardize further success of his anticorruption campaign.
- The president was eventually convinced that publicly naming the persons involved would obviously embarrass those who quietly returned misappropriated funds “in good conscience”.
- Others who are yet to return looted funds may be discouraged from cooperating with the government while those publicly named may resort to lengthy litigation and ensuing court injunctions to encumber the process of recovering more funds or concluding their prosecution, one of the sources explained.
- The legal implication
According to The Authority Newspaper, a source disclosed that the delay in releasing the list to meet the president’s deadline was because of efforts to harmonise the forfeitures made to different anti-graft agencies, including the police, Economic and Financial Crimes Commission (EFCC); the Independent Corrupt Practices and Other offences Commission (ICPC) and the Department of State Security (DSS).
Also, the speed was sightly hampered by efforts to get the actual cost and appropriate market value of assets like buildings, land, and vehicles recovered during the exercise.
Buhari had pledged to identify the looters on May 29th, 2016 but in in his Democracy Day speech that day, he directed the Minister of Information, Culture and Tourism, Alhaji Lai Mohammed, to publish the compilation of monies recovered from Nigerians and firms that looted allegedly the public treasury in Jonathan’s government.
In a press statement yesterday, Mohammed, said cash totaling N78,325,354,631.82; $ 1 8 5 , 1 1 9 , 5 8 4 . 6 1 ;£3,508,355.46; and 11, 250 Euros were recovered from between 29th May, 2015 to 25th May, 2016.
The statement signed by the Minister’s Special Adviser, Segun Adeyemi, explained that recoveries made under Interim Forfeiture (cash and assets) during the same period totaled N126,563,481,095.43; $ 9 , 0 9 0 , 2 4 3 , 9 2 0 . 1 5 ; £2,484,447.55; and 303,399.17 Euros.
The disclosures are based on “the interim report on the financial and assets recoveries made by the various government agencies namely the Economic and Financial Crimes Commission, EFCC; Department of State Security DSS; Independent Corrupt Practices Commission, ICPC; as well as the Office of the Attorney-General of the Federation and Office of the National Security Adviser, ONSA; from 29 May 2015 to 25 May 2016”.
Also, funds yet to be returned from “Foreign Jurisdictions” stand at $321,316,726.10; £6,900,000; and 11,826.11 Euros; while “Non-Cash Recoveries” (Farmlands, Plots of Land, Uncompleted Buildings, Completed Buildings, Vehicles and Maritime Vessels)” were totals 239.
The HeraldNG - Senate President Bukola Saraki has accused the EFCC of harassing government officials instead of focusing on the corruption in the petroleum sector.
He expressed shock at the level of corruption in the oil sector and advised the EFCC on how to go about curbing it
Saraki stated this when a delegation of the Nigeria Extractive Industry Transparency Initiative (NEITI) led by its executive secretary, Waziri Adio, presented the audit report of the organisation to him.
The NEITI report states that the NNPC did not remit $12.9 billion, being the sum of dividends, interest and loan repayment from the Nigeria Liquefied Natural Gas (NLNG), to the federation account between 2005 and 2013.
Saraki said: “I studied the report in the early hours of this morning, and honestly I was just dumbfounded about the figures that we are talking about.
“This is just 2013, one year’s report. It is not cumulative. In one year’s audit report you are talking about figures of over $3.8 billion; at that time I am sure the rate was close to N150 per dollar.
“So you are talking about N650billion. Then you are talking about another N358billion which brings it close to about N1trillion.
“Then you are talking about assets that were undervalued and transferred to NPDC but still no payment was made.
“You are talking about NAPIMS paying cash calls for an asset that doesn’t belong anymore to NNPC and you truly wonder that this is going on right under our nose here in this country.
“What is the ICPC doing? What is the EFCC doing? This is what is killing this country.
“Honestly, I just concluded that as a country I don’t think we are serious. We are just paying lip service to this issue of fighting corruption because this is the real terminology of economic sabotage.
“This is what I believe agencies that are truly fighting corruption should have taken up. Meanwhile you see them sometimes chasing a local government chairman for N10million or chasing even the state governments for less amounts.
“These are just astronomical figures and nobody is being asked where the authority came from. Even if you say it was a minister, do we have where managements of those organisations have been able to say this is not what should be done?
“There are people who are responsible in management to advise on what should be done.
“And these people am sure are just walking the streets up and down without anybody asking them any question. It is incredible.
“Honestly, we must begin to do something about this because unless we do that we are just wasting our time. We are just chasing areas that maybe catch news headlines but they don’t have any effect.”
At Last, EFCC Found $20b 'Missing Oil Fund' Alarmed By Emir Sanusi, You'll Be Shocked Where
News Proof 30.5.16 No comments Edit Post
Former Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi (now Emir of Kano Muhammadu Sanusi II) raised the alarm that there was an estimated $20bn shortfall in oil revenues due to the treasury from the state oil company which might have been spent illegally.
In a related development, the Economic and Financial Crimes Commission( EFCC) has traced the diversion of the substantial part of the missing $20billion oil cash to the 2015 electioneering campaign of the Peoples Democratic Party (PDP), The Nationa News Paper reports
The anti-graft agency discovered how the cash was transferred and wired into secret accounts for political purposes.
It was learnt that the EFCC has made “ appreciable progress” in recovering a huge chunk of the cash.
The EFCC latest discovery is said to be part of the ongoing “comprehensive” probe of a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.
A source close to the investigator, said: “We have tracked a substantial part of the missing $20billion about which the former CBN Governor raised the alarm.
“From our findings, the oil money was diverted. We will soon make the details available.
“As for those being invited for interrogation on campaign funds, we have been able to establish that the amounts in question were strictly government funds.
“Whatever noise anyone is making is baseless. We are determined to recover these funds from all the beneficiaries.
“Some of the suspects have refunded the cash credited to them and some still have outstanding funds to pay.”
The highly-placed source said the EFCC was not targeting PDP leaders at all.
He said if there is any evidence of government funds spent on the campaign of other political parties, we will “investigate too”.
In 2014, Sanusi told members of the Senate Committee on Finance at the National Assembly in Abuja that $20billion was missing.
He said: “It is established that of the $67 billion crude shipped by the Nigeria National Petroleum Corporation (NNPC), between January 2012 and July 2013, $47 billion was remitted to the Federation Account.”
“It is now up to NNPC, given all the issues raised, to produce the proof that the $20billion unremitted either did not belong to the Federation or was legally and constitutionally spent.”
Mrs Alison-Madueke denied that $20billion was missing.
She said: “When the former CBN Governor came up with the allegation that about $49.8bn of crude oil sales proceeds were not remitted by NNPC, we swung into action with all the relevant agencies to reconcile the figures.
“When we reconciled the figures down to $10.8bn and some agencies were having a different figure of $12bn, we insisted that the reconciliation must continue because there was still an anomaly; we said we must get down to the bottom of the matter to find out what is really amiss.
“We appeared before the Senator Makarfi Commttee to defend ourselves over the fresh allegation of unremitted $20bn. We put our papers forward. The Makarfi Committee then went through all the evidence supplied by all the relevant agencies and found that there was no missing $20billion.
“Despite the fact that the Makarfi Committee declared that no money was missing, the opposition kept insisting that $20bn was missing and they were calling us names.”
While receiving APC chieftains from Adamawa in April 2015, President Muhammadu Buhari promised to probe the whereabouts of the $20billion.
He said: “Going by the huge sum of money involved, there was no way an APC-led administration that has the fight against corrupt practices as a cardinal objective would sit by and watch some highly placed Nigerians loot the treasury.”
Credit: The Nation Newspaper
Jonathan's Kinsman 'Coughs Out' N900m Looted Fund To EFCC After Denial, Name-calling
News Proof 30.5.16 No comments Edit Post
A sum of N900 million has been recovered by the Economic and Financial Crimes Commission from Mr. Waripamowei Dudafa, a former Special Assistant on Domestic Affairs to ex-President Goodluck Jonathan, who is also his relative, Punch Newspaper reports this morning
Before the recovery, Mr. Dufada had denied the allegation by the antigraft agency that he was a cohort of the N10bn distributed to delegates at the presidential primary of the Peoples Democratic Party in December 2014. The was name-calling by his family members that the EFCC was on witch hunting mission.
The recovered money was found in one of Dudafa’s accounts, which was earlier frozen, a reliable EFCC source told Punch Newspaper correspondent
The source said, “Dudafa told us that he had no money; so, we began to investigate his accounts. We then found N900m that was hidden in one of his accounts through the connivance of his account officer.
“Dudafa initially denied owning the account but when he was confronted with evidence, he had no choice but to admit. Some people, who had paid money into the account based on Dudafa’s instructions, even came forward to say that the account indeed belonged to Dudafa. The N900m will be used as evidence against him in court.”
Dudafa, who was a close aide to and a kinsman of Jonathan, was arrested on April 18 at the Murtala Muhammed International Airport in Lagos.
The former presidential aide, alongside Jonathan’s ex Aide-de-Camp, Col. Ojogbane Adegbe, was accused of giving N10bn to delegates at the presidential primary of the Peoples Democratic Party in December 2014, in which Jonathan was the only candidate.
The money was allegedly diverted by the Office of the National Security Adviser from a Signature Bonus Account in the Central Bank of Nigeria.
The N10bn is believed to have been diverted from oil receipts as follows: $5m (November 14, 2014); $47m (November 27, 2014); €4m (December 3, 2014) and €1.6m (December 24, 2014).
While Adegbe was arrested but later released, Dudafa was said to have fled to either Dubai or a Caribbean country where he stayed for several months.
However, impeccable sources at the EFCC told our correspondent that Dudafa was arrested by operatives of the Department of State Services upon arrival at the Murtala Muhammed International Airport, Lagos.
In his Statement of Witness/Accused Person, which had been filed at the High Court of the Federal Capital Territory, embattled former NSA, Col. Sambo Dasuki (retd.), had said the N10bn was given to Ojogbane and Dudafa.
Dasuki had said, “That I am aware in November, I cannot remember the exact date, my office requested the CBN to exchange N10bn from the account of the Office of the National Security Adviser domiciled in CBN. The money was exchanged and $47m and some Euros, which I cannot remember the exact amount, were delivered at my residence.
“The money was for delegates that attended the nomination convention for the PDP presidential nomination. The money was paid and sent to Hon. Dudafa (SSAP, Household) and ADC(C-I-C) for distribution on the instruction of the President.”
Credit: Punch Newspaper Online
'Why Are You Doing This To Me', Omisore Kicks As EFCC Declared Him WANTED
News Proof 24.5.16 No comments Edit Post
A former Deputy Governor of Osun State and Senator, Mr. Iyiola Omisore has described his declaration by the antigraft agency, the Economic and Financial Crime Commission, EFCC wanted as mischief and character assassination.
The EFCC had earlier declared Omisore wanted on its official Facebook page over his receipt of N700 million from a former National Security Adviser, retired Colonel Sambo Dasuki.
The commission further accused Omisore of evading arrest.
It said this leaves it with no choice but to declare him wanted.
The EFCC position on its Facebook page reads: “The EFCC, today, May 24,2016, declared a former deputy governor of Osun State, Senator Iyiola Omisore wanted. The former senator is wanted in connection with a case of receiving and misappropriating the sum of over N700, 000,000.00 from the Office of the National Security Adviser, between June and November, 2014.
“Omisore has been elusive and refused to report to the Commission after invitation was extended to him on April 7, 2016 requesting him ‘to come and make clarification on the ongoing investigation’.
“Instead of responding to the Commission’s investigation Omosore had approached the Federal Capital Territory High Court for the enforcement of his fundamental human rights. Justice Husseini Baba Yusuf consequently ordered that Omisore should only be arrested through a due and legal process.
“The EFCC thereafter obtained a warrant to effect the arrest of the politician.”
But Omisore apparently in reaction to EFCC declaration said it's an attempt to blackmail him.
The former Deputy Governor in a statement just released this evening said;
"I read the statement issued by the Econimic and Financial Crimes Commission (EFCC) purportedly declaring me wanted as an attempt by that organisation and its leadership to tarnish my image. That statement, if indeed it was issued by the EFCC, is the height of mischief and a deliberate attempt to assassinate my character.
It is now very clear that the EFCC is indeed playing out the script of persecuting and harassing perceived opposition groups in the country. To be sure, there is no basis for the EFCC so-called statement. Only on Tuesday, May 24, we appeared in court with the EFCC asking for the permission of the court for an extension of time in the preliminary objection to a suit filed against me.
The Managing Director of Firmex Gill which the EFCC joined in their case indemnified me from the company's contracts and any such obligations. In other words, there is nothing relating to me in the company's contract deal with the Office of the National Security Adviser (ONSA).
The company has even sued the ONSA for its inability to pay the balance of the contract so awarded to it. Therefore, I am not aware of any issue relating to a contract sum of N700 million. There was no issue of N700 million anywhere.
The relationship between the company and ONSA is civil and contractual, which has nothing to do with me. Besides, so long as their business transactions are legitimate and since I am not directly managing the company, how am I to know who and who they do business with? The EFCC should not be seen playing the role of political victimisation of innocent individuals, coercion and blackmail. Sadly that is simply what this organisation has been doing. Blackmail, I strongly believe, won't help EFCC.
If the organisation and its leadership think they have any case against me, they should come to court with their facts. This act of blackmail and deliberate tarnishing the image of perceived political enemies won't help the image of the EFCC and it won't get it result.
How can you declare someone you were in court with at 9.00a.m today wanted the same day, a few hours afterwards? I am appealing to all human rights and civil society organisations to caution EFCC from damaging my reputation further. If they have facts, I challenge them to bring them to court and not resort to blackmail, intimidation and victimisation."
Saraki: I Was Richer Than Kwara State Before Becoming Governor
News Proof 11.5.16 2 comments Edit Post
Daily Sun - Senate President Bukola Saraki yesterday told the Code of Conduct Tribunal (CCT) that he had no reason to steal or embezzle public money as he was already richer than Kwara State before he became governor in 2003.
He put his worth as at September 2003 at over N4 billion, $22 million, £12 million and 2.6 Euros in cash, movable and landed assets.
Paul Erokoro, one of his counsel made the revelation while cross-examining Michael Wetkas, a detective of the Economic and Financial Crimes Commission (EFCC).
However, Erokoro’s statement elicited the rebuke of Rotimi Jacobs, counsel to the Federal Government who said that being rich does not stop a thief from stealing.
Saraki is facing a 16-count charge bordering on alleged false asset declaration and money laundering, which he pleaded not guilty.
To demonstrate his affluence, Saraki through his counsel referred the tribunal to his assets declaration forms submitted to the Code of Conduct Bureau and dated September 16, 2003.
The document read out in the tribunal by the prosecution witness, Wetkas revealed that the Senate president had 13 exotic cars valued at N263.400 million before he became governor of Kwara State.
They include Mercedes G.500 bullet proof valued at N45 million; Mercedes S500 worth N30 million; Lexus Jeep bullet proof valued at N30 million; Mercedes S320 valued at N16 million; Mercedes S500 valued at N20 million; Mercedes G500 worth N6 million; Mercedes V.220 costing N2 million; Rally 456GT (N25 million) and Navigator worth N15 million.
Others are Mercedes MM240 valued at N8.5 million; Peugeot 406 at N2.9 million; Mercedes CLK320 valued at N9 million and Mercedes E320 valued at N11 million.
In the area of landed property, the document showed that Saraki is worth N2 billion.
Meanwhile, the Senate President alleged that his assets declaration form submitted in 2003 has been doctored.
He submitted that the refusal of the EFCC operatives and the Code of Conduct of Conduct Bureau (CCB) to invite and relate with him on the form was because of the fear that he would challenge an insertions made on the form.
But the EFCC witness, who was being cross-examined by Saraki’s counsel denied the allegation, saying the form was filled and signed by Saraki before a competent Judge.
When the witness was asked if he was aware that the assets declaration form submitted by the Defendant in 2003 was tampered with since it contained some entries of properties that were not put on sale by the Federal Government until 2006, Mr. Wetkas said: “As far as I concerned, exhibit one was signed by the defendant himself on September 16, 2003.”
He insisted that Saraki made anticipatory asset declaration. “Based on the strength of the documents we have tendered, I agree that the defendant made an anticipatory asset declaration until proven otherwise.’’ He, however, said that property No. 15, Macdonald Street Ikoyi, Lagos, was sold to Saraki’s company Skyview Properties Limited which was not captured in his Asset Declaration Form.
He further testified that Saraki bought property No. 15A and 15B Macdonald Street Ikoyi, Lagos, in 2000 through his company, Tiny Tee Limited, a purchase he said violated the rules of the implementation committee on the sale of Federal Government property which suggested one person per one property.
When asked why he did not confront the Senate President with it, he said he did not have any interaction with Saraki but the document was one he could believe because it was signed before a competent Judge.
The tribunal Chairman, Justice Danladi Umar, adjourned further proceeding till May 11.
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