EFCC secures 1,204 convictions in five years -Magu

June 12th, 2019

By Daniel Tyokua

The Economic and Financial Crimes Commission (EFCC) said it has secured one thousand two hundred and four convictions in five years.

Chairman of the commission, Ibrahim Magu insisted that the horizon on the fight against corruption will be tougher as President Muhammadu Buhari start the Next level agenda in full.

Magu disclosed this in Abuja on Tuesday, at the National Democracy Day Anti-corruption summit, with the theme:”Curbing Electoral spending: A panacea to public corruption”

He stated that EFCC from 2015 to date recorded 1,204 convictions,“The convictions secured by the commission since the beginning of this administration reflect a positive progression. In 2015 the commission secured 103 convictions, 194 in 2016, 189 in 2017 and 312 in 2018. From January 2019 to date the commission has secured over 406 convictions and recovered several assets worth billions of naira” he said.

The commission chairman boasted that as the second term of Buhari’s administration move fully to the next level of the war against corruption, the arena will certainly get tougher because the anti-graft agency was determined to rid the country of all sorts of corruption for the benefits of the current and future generations.
He said: “Nigeria had a fair share of the unbearable scourge of a chronic elite-capture syndrome; this has primarily been achieved by manipulating the electoral processes using stolen public wealth to subvert the wishes of the people.

“Electoral spending by politicians is often linked to voter inducement in Africa and in our local parlance, votes buying, worthy of note is the fact that whenever one is induced to sell his vote, he automatically loses the moral equilibrium to challenge corrupt tendencies of those elected.”

However, President Muhammadu Buhari sought for strategic continental partnership and global alliance to successfully defeat corruption and corrupt practices in Africa.

He said for the continent to consolidate true democracy and good governance, it must check the uncontrolled electoral spending and voter inducement.

Buhari urged the law enforcement agencies and the judiciary in the country, and across Africa to tackle financial corruption and corrupt practices with all sense of seriousness.

He said if corruption is allowed to eat deep in the country’s system it will destroy the entire society as well as Africa.

The president said: “So many resources have been lost to corrupt acts, which ought to be used for the provision of infrastructure.”

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