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EFCC Recovered $2trn From Looters In 12 Years – Abubakar Malami

Farouk Mohammed
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Farouk Mohammed
Published: 2016/02/03
4 Min Read
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EFCC Recovered $2trn From Looters In 12 Years – Abubakar Malami


 

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, on Tuesday said the Economic and Financial Crimes Commission recovered N2 trillion from looters in the last 12 years.

This was just at the Chief Justice of Nigeria, Justice Mahmud Mohammed, called for the collaboration of all relevant agencies of the Federal Government for the war against corruption and other related crimes to succeed.

Malami and Mohammed spoke at a workshop on “Combating financial fraud, cyber and cross-border crimes” in Abuja on Tuesday.

Malami said he was working with the judiciary to ensure the success of government’s efforts to end impunity in the country.

He said: “More than $2 trillion has been confiscated and recovered in the last 12 years by the Economic and Financial Crimes Commission.”

Malami lamented the negative impact of corruption, fraud, cyber and other cross-border crimes on the nation’s growth efforts.

He assured Nigerians that the reforms efforts being championed by the Ministry of Justice under his watch were intended to lead to an improved anti-corruption and criminal justice system for the country.

Malami said: “I am already working closely with the judicial leadership. In the past few weeks, my team and I have held several interactions with the Chief Justice of Nigeria and other judicial leaders.

“While the discussions are still ongoing on the best way the Federal Ministry of Justice can support the work of the Judiciary, we are hopeful that we will work in a manner that will reduce delay of complex cases, and improve justice delivery for ordinary Nigerians without compromising the rights to fair hearing.

“The essence is to establish a ‘collaborative buy-in’ between the Executive and the Judiciary in consensus building in the fight against corruption and organised crimes.”

Mohammed said the prompt disposal of criminal cases could only be achieved where “stakeholders in the justice sector work in tandem towards a common objective as a chain is only as strong as its weakest link”.

Justice Mohammed said any efforts to end impunity in the country must first consider and prioritise reforms of the nation’s laws.

He said: “The justice sector must be better coordinated and develop synergistic avenues for the exchange of information and best practices. It is time to leave the rhetoric behind and take visible steps forward in this fight against transnational crimes.

“I believe that if we work in harmony and in sincerity of purpose towards concrete outcomes, then, the efforts that we make will doubtless create a butterfly effect of positive change that is so sorely required in the justice sector.

“Achieving success in fighting fraud, cybercrime and other cross-border crimes depends on all stakeholders working together towards developing intelligent initiatives, which will result in tangible and pragmatic solutions to ending and ridding ourselves of these emerging crimes.”

Author

Farouk Mohammed

Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.

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ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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