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Senate To Probe EFCC Top Man Over Alleged N1tr Diversion - Politics - Nairaland

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Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by honeywealth75(m): 7:06am On Aug 24, 2015
The Senate Committee on Ethics, Privileges and Public Petitions will on Wednesday begin a probe of the Chairman of the Economic and Financial Crimes Commission, Ibrahim Lamorde, over an allegation that he fraudulently diverted over N1tn proceeds of corruption recovered by the anti-graft agency.
Part of the money alleged by a petitioner to have been diverted by the EFCC boss included the loot recovered from a former Governor of Bayelsa State, Diepreye Alamieyeseigha; and ex-Inspector-General of Police, Tafa Balogun.
The petitioner, Mr. George Uboh, whose complaint to the Senate prompted the probe, has been invited to appear before the Senate committee at Meeting Room 120 of the New Senate Building, National Assembly Complex, Abuja, by 10am on Wednesday.
Similar invitation, it was learnt, had been extended to Lamorde to appear before the Senate committee the same time on Wednesday.
The fraud allegedly perpetrated by Larmode was said to have dated back to his days as the Director of Operations of the EFCC between 2003 and 2007, as well as an acting Chairman of the commission between June 2007 and May 2008, when the then chairman of the anti-graft agency, Mr. Nuhu Ribadu, was away for a course at the National Institute for Policy and Strategic Studies, Kuru, Jos.
Uboh, Chief Executive Officer of Panic Alert Security Systems, a security firm, in his petition dated July 31, 2015, accused Lamorde of some specific instances of under-remittance and non-disclosure of proceeds of corruption recovered from criminal suspects, including Balogun and Alamieyeseigha.
He assured the Senate that he would produce “overwhelming evidence” to back his claims against Lamorde.
Uboh also alleged that the EFCC had not accounted for “offshore recoveries” and that “over half of the assets seized from suspects are not reflected in EFCC exhibit records”.
The petitioner equally accused Lamorde of conspiring with some EFCC officers and external auditors “to operate and conceal a recovery account in the Central Bank of Nigeria and excluded the balances from your audited financial statements between 2005 and 2011”.
“Lamorde continues to conceal the details of the unsold properties forfeited by both Tafa Balogun and DSP Alamieyeseigha despite receiving rent revenues from some estate agents on the said properties,” he further alleged.
Alamieyeseigha, the man who former President Goodluck Jonathan succeeded as Bayelsa State governor in 2005, had forfeited property and funds in various bank accounts as part of terms of plea bargain in his trial by the EFCC.
He had pleaded guilty to six counts of corruption charges before a Federal High Court in Lagos on July 26, 2007 and served concurrent two years imprisonment on each count, though he was later pardoned by Jonathan in 2013.
Balogun had also forfeited landed assets and funds and was sentenced to six months imprisonment by a Federal High Court in Abuja after he pleaded guilty to various counts of corruption charges.
Uboh, asked that Lamorde be prosecuted and proposed 10 counts of fraud in his petition, which was addressed to the Senate President Bukola Saraki, through the Delta State Senator in the National Assembly, Peter Nwaoboshi.
In the petition bearing Nwaobohi’s acknowledgment, Uboh alleged that Lamorde in March 2013 diverted the sum of N779m out of the total N3bn forfeited by Balogun to the Federal Government and that the EFCC boss conspired with some officials of the anti-graft agency to under-remit the ex-IG’s forfeited funds of about N5.85bn into the Consolidated Revenue Account by holding back about N2.65bn.
Uboh also alleged that Lamorde conspired with some EFCC officials to remit to Bayelsa State the sum of N3.1bn instead of the total sum of N4.3bn proceeds of corruption recovered from Alamieyeseigha.
The petitioner said that Lamorde, as Director of Operations of the EFCC, conspired with some officers of the commission to manipulate records of assets recovered from Alamieyeseigha, an act which allegedly paved the way for him to trade with about N3.7bn of the recovered funds for almost two years.
“Sir, the aggregate funds diverted by Lamorde/EFCC stated below in the attached criminal charges is over N1tn. However, because over 95 per cent of overseas seizures are diverted, there is an urgent need to investigate and recover those funds as well,” Uboh’s petition read in part.
Our correspondent, on Sunday, obtained a copy of the Senate Committee on Ethics, Privileges and Public Petitions’ letter, which was signed by the committee’s clerk, Freedom Osolo, inviting Uboh to the Wednesday’s meeting.
The letter of invitation entitled, ‘Invitation to a meeting of the Senate Committee on Ethics, Privileges and Public Petitions’, partly read,

http://www.punchng.com/news/alleged-n1tn-diversion-senate-to-probe-lamordes-alleged-diversion-of-n1tn/
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by temitemi1(m): 7:08am On Aug 24, 2015
'Saint' are not 'saint' anymore n looters also probing looters undecided undecided undecided... This is the season of comedy/drama grin grin cheesy

1 Like

Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by bugzbunny: 7:08am On Aug 24, 2015
What do u call a country where those responsible for checking corruption are the same ones spreading it..
We call it the zoo

2 Likes

Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by Danielstainz: 7:10am On Aug 24, 2015
"We would stop korwaptian". Dear buhari the world is corrupt so please ignore it n start working...
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by bugzbunny: 7:11am On Aug 24, 2015
temitemi1:
K
K for knock out in ur a*s
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by honeywealth75(m): 7:18am On Aug 24, 2015
Even Efcc chairman self is noty free from corrupt practices, i guess he only acted for his Godfada, i doubt he has d guyts to do d scam for himself, very soon fowl yansh go open. I tire 4 naija ohhhhhhhhhhhhhh
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by Nobody: 7:37am On Aug 24, 2015
There was a country!
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by Nobody: 7:51am On Aug 24, 2015
Lets see how it goes.
I dont like this man.
He is one of the few men left for baba to sack
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by kosovo(m): 7:53am On Aug 24, 2015
PMB would be regretting where ever he his now...


It's easy to condemn.. I hope his magic wand is still working..

Some people still believe there is change somewhere, just because one old man learned how to pronounce it.. undecided

1 Like

Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by owobokiri(m): 7:56am On Aug 24, 2015
Even the senators that will probe the corrupt EFCC boss are themselves corrupt! The judges that will hear the case? Corrupt!! The police that will inveztigate kwanù? Don't even go there. .

1 Like

Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by sammyj: 7:57am On Aug 24, 2015
Still reading
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by Nobody: 7:59am On Aug 24, 2015
Corruption everywhere.
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by Ugik(m): 9:15am On Aug 24, 2015
londongal03:
There was a country!
there was indeed a country dearie.
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by bjdon: 9:20am On Aug 24, 2015
The games go on.

Larmode is corrupt and fed fat under the last govt. When Buhair came in he suddenly woke up and 'saw the light' and started probing left right and center. The senate is the political arm of the looters and mafia's and they now want to hit back at Larmode. Don't think they are doing this out some sort of patriotic zeal. As always it's about selfish interest.
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by Ugik(m): 9:20am On Aug 24, 2015
This man was given the very task of securing and investigating issues of corruption in this country and its quiet pathetic how ironic things have turned out to be.you dont give yam to a goat and expect it not to be eaten.
Re: Senate To Probe EFCC Top Man Over Alleged N1tr Diversion by mogentle(m): 11:19am On Aug 24, 2015
Most of these accusations are about Ribadu and Waziri, not really about Larmorde. But you knw he's the head presently.
#Aidontbilivit

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