Wednesday, February 03, 2016

EFCC recovered N2 trillion from looter 12 years – Malami

The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, has revealed that the Economic and Financial Crimes Commission (EFCC) recovered looted funds worth N2 trillion in the 12 years.




“More than $2tn has been confiscated and recovered in the last 12 years by the Economic and Financial Crimes Commission,” said Malami who was speaking at a workshop on ‘combating financial fraud, cyber and cross-border crimes’ in Abuja on Tuesday.

Malami said corruption and fraud has a negative impact on the nation’s growth. He assured Nigerians that the reforms efforts being championed by the Justice Ministry under his watch, will strengthen the fight against corruption and revitalise the criminal justice system in 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.”

Also speaking at the event, Chief Justice of Nigeria, Justice Mahmud Mohammed, called for collaboration between all relevant agencies of the Federal Government for the war against corruption and other related crimes to succeed.

“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,” he said.

Source: The Punch

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