[size=13pt]EFCC has reduced advance fee fraud, Jonathan tells foreign investors[/size]

President Goodluck Jonathan has assured foreign investors of the safety of their investments.He hinged his assurance on the fact that the Economic and Financial Crimes Commission (EFCC) has reduced advance fee fraud and financial crimes to the barest minimum. Also, the Chairman of the EFCC, Mrs. Farida Waziri, said the agency has recovered over $9 billion in the last three years.

Jonathan gave the assurance at the just-concluded Nigeria Investment Summit and Exhibition in New York. The summit, which was one of the sideline activities of the 66th United Nations General Assembly, was organized by the African Business Roundtable in conjunction with Nigeria’s Mission in the UN.

A statement by the Head of Media and Publicity of the EFCC, Mr. Femi Babafemi, quoted the President as assuring foreign investors of having nothing to fear about the possibility of losing their investments to advance fee fraud or any of the other related economic crimes in the country. Jonathan said: "Our investors can rest assured that their investments are safe in Nigeria and fraudsters pose no threat again because the EFCC has almost eradicated the problem of advance fee fraud in our country.

"A lot of people are impatient over some of these cases in court but not many of them understand that these things take time and that when EFCC files charges in court, it has done its bit and more than 50 per cent is in the hands of the judiciary. He told the gathering, made up of American, Asian, and European investors as well as Nigerians in the Diaspora, that the "activities of the anti-graft agency have been largely based on the rule of law resulting in reduction of the culture of impunity."

In her presentation at the Summit where former British Prime Minister, Mr. Tony Blair presented the keynote paper, the EFCC Chairman, Mrs Farida Waziri, said apart from ensuring that anyone, no matter how highly placed who violates Nigerian laws were investigated and made to face charges in court, many investors have been saved from losing billions of dollars to fraudsters through a preventive measure codenamed Transactions Clearing Platform, TCP among others.

She said: "The supply side of corruption (the givers) has a big role to play in dismantling the safe havens that provide facilities for laundering the proceeds of crime in their financial institutions. The damning 2010 report by the London based Global Witness chronicled how British Banks (HSBC, RBS, NATWEST and USB) facilitated corruption in Nigeria and Equatorial Guinea. The international investment community must therefore stand up against this."

Others who spoke at the colourful and well-attended Summit under the theme "Nigeria in the Global Economic System: Taking Nigeria to the World and Bringing the World to Nigeria", include Mr. Blair, Mrs. Waziri, Alhaji Bamanga Tukur (President,ABR), Mrs. Diezani Alison-Madueke (Petroleum Minister). Others are Prof Bart Nnaji (Energy Minister), Olugbenga Ashiru (Foreign Affairs Minister), Prof Joy Ogwu, Frank Nweke Jnr., among others.


http://www.thenationonlineng.net/2011/index.php/news/20799-efcc-has-reduced-advance-fee-fraud-jonathan-tells-foreign-investors.html

weytin u wan make hin tell dem?

Before nko, na true the man talk now, abi? what are you trying to insinuate? that investors should run away? ABEG OO Make una no carry sh.it enter this thread

What do you want him to say? Mtcheewwwwww

The mugus have finally caught up with the game,coupled with the global economic crunch that is making the omnibus very cautious with their money.

It is not because of efforts EFCC that reduced 19,everyone knows that EFCC is a puppet body set up by number one Nigerian thieves to harass their political opponents who happens to be thieves as well.

If EFCC is really a body set up to combat crime,Gej and his wife will be in jail by now.

re u sure

redsun:

The mugus have finally caught up with the game,coupled with the global economic crunch that is making the omnibus very cautious with their money.

It is not because of efforts EFCC that reduced 19,everyone knows that EFCC is a puppet body set up by number one Nigerian thieves to harass their political opponents who happens to be thieves as well.

If EFCC is really a body set up to combat crime,Gej and his wife will be in jail by now.

[size=30pt]WORD![/size]

Mr. President, please stop mesmering us with motion without movement. 419 is not responsible for the impoverisment and needless sufferings of the masses in the midst of a land flowing with milk & honey. Corruption and embezzlement of the nation's wealth is the cause. What is EFCC doing about that.

Nigeria is a patient that has ringworm and leprosy, and you Jonathan, the doctor the patient has chosen has is neglecting/avoiding the LEPROSY and trying to cure the ringworm.

Only God will save Nigeria and give up wisdom to credible leaders.

Buhari knows what the problem of the nation is and has the political will to tackle the problem headlong. That was why the political elites of the tribes worked against him. The cartel of the beneficiaries of corruption knows no tribe or religion, they just use those as instruments to get to political positions. ion knows no tribe or religion, they just use those as instruments to get to political positions.

Abegi! For once you PESSIMISTS, let's support the president by believing that EFCC has in actual fact reduced fraud now!!!

redsun:

The mugus have finally caught up with the game,coupled with the global economic crunch that is making the omnibus very cautious with their money.

It is not because of efforts EFCC that reduced 19,everyone knows that EFCC is a puppet body set up by number one Nigerian thieves to harass their political opponents who happens to be thieves as well.

If EFCC is really a body set up to combat crime,Gej and his wife will be in jail by now.

[b][/b]
u forgot to mention tinubu and co, 

Alright o, let up join hands together and support him. That was how we supported OBJ'S PDP Administration for 8 years and huey could not even give up stable light and get the refineries working.

For those who like truth, Jonathan maybe a good person, the ultimate truth is this: a PDP led goverment will never take us to the promised land. ANY PDP PRESIDENT IS EASILY THE MOST COMPROMISED PRESIDENT IN THE WORLD.

Is about the party, not the man. Nigerians, continue to vote for PDP the masses sufferings will not come to an end. It,s not a curse. You cant get oranges out of bush-thorn seeds.

Why are you guys mad?
Dude had to spit something out,
aint it?
no matter how senseless.

GEJ is being economical with the truth. 419ers are not the problem of investors. Our government officials that wine and dine with corruption are the problem.
Whemn these Oyinbos come to Nigeria to do business, our government official will ask for bribe ( seimens, wibros, harlibuton, sagem scandals are still fresh in memory). If they give the bribe, they will be prosecuted in their home country for financial crime overseas ( Jefferson is in prison now in US while Atiku is a free man in Nigeria). And if they refuse to give the bribe, their business plan will be frustrated.

Kolababa:

GEJ is being economical with the truth. 419ers are not the problem of investors. Our government officials that wine and dine with corruption are the problem.
Whemn these Oyinbos come to Nigeria to do business, our government official will ask for bribe ( seimens, wibros, harlibuton, sagem scandals are still fresh in memory). If they give the bribe, they will be prosecuted in their home country for financial crime overseas ( Jefferson is in prison now in US while Atiku is a free man in Nigeria). And if they refuse to give the bribe, their business plan will be frustrated.

ATIKU 2015

So the foreign investors are going to swallow this hook, line and sinker and bring all the billions without proof eh?

even nigeria itself is fraud

Reduced? I got a dozen of them in September 2012. Please see, http://manincrime..com/2012/10/scam-mail-upon-scam-mail.html