Give EFCC a percentage of recovered loot – Ibrahim Magu, EFCC Boss

Give EFCC a percentage of recovered loot – Ibrahim Magu, EFCC Boss

EFCC Boss requests for a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations.

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EFCC Boss requests for a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of recovered loot to fund their operation
EFCC Boss requests for a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of recovered loot to fund their operation
An Anti- Conference was organised by The Presidential Advisory Committee Against Corruption (PACAC) at Abuja, the Conference which began yesterday had several government officials in attendance.
The Theme for the Conference is “The Role of the Legislature in the Fight against Corruption in Nigeria”, The Acting Chairman of the EFCC Mr Ibrahim Magu, who was represented by Mr David Tukura, the Deputy Director of Planning, Policy and Statistics of the commission requested for a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations.

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 recapitalizing the anti graft agencies.”

Vice President Yemi Osinbajo, who opened the conference, whilst lamenting on the state of corruption in the country called for more support from Nigerians for the Buhari administration’s efforts at recovering stolen funds from looters of the nation’s treasury.
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, also commented that 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 also emphasized the need for the anti-corruption campaign to be a collective responsibility of Nigerians to rid the country of impunity and hardship.

 

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