EFCC Seeks Legal Right To Retain Parts Of Recovered Loot | Independent Newspapers Limited
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EFCC Seeks Legal Right To Retain Parts Of Recovered Loot

Posted: Oct 19, 2016 at 7:32 am   /   by   /   comments (7)

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, Mr 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.

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.”

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.

“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.

“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.”

Magu was represented at the event by Mr 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.

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.”

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”.

Comments (7)

  • Usman Danlami Oct 19, 2016 at 12:35 pm Usman Danlami

    To be re-looted? “Wise” Nigerians!

  • Oluwatosin Majekodunmi Oct 19, 2016 at 12:03 pm Oluwatosin Majekodunmi

    As one of the Fg parastatas, they have budgetary allocation. So what does EFCC wants to do with this new request? Corrupt agency wanting to create another conduit for looting… Ole, Barawo

  • Innocent Silas Boyi Oct 19, 2016 at 10:40 am Innocent Silas Boyi

    For what? If that is your aim then you are not fighting corruption. The money recovered is not for EFFCC but for the people. Let that money be used to bring us out from this recession

  • Sanni Debonsky Oct 19, 2016 at 9:44 am Sanni Debonsky

    This is bcos you are tasty of corruption since u are not genuinely fighting corruption but after opposition wealth u want steal out of.

  • Abass Muhammed Oct 19, 2016 at 9:00 am Abass Muhammed

    this also is corruption

  • Meryl Blankenship Oct 19, 2016 at 7:49 am Meryl Blankenship

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Comments are closed.