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What We Always Do With Recovered Loots - EFCC - Politics (4) - Nairaland

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Re: What We Always Do With Recovered Loots - EFCC by Nobody: 8:28pm On Feb 11, 2017
Bevista:
Unfortunately, this narrative has been going on for sometime now. I really don't know if this is a product of ignorance or just a way of undermining the efforts of the administration.
---
If I may ask, how much has been recovered and how far can that solve Nigeria's problems? The FG gave aggregate bailout funds of nearly N500B to the states, yet that has not even scratched the problem. FG even gave another round of funds (over N500B) to states as refunds from debts over-deductions, yet it still looks like nothing is happening.
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The fact is that most of us have no inkling about the enormity of the challenges facing the country. Sink N20Trillion into this economy today, and I can assure you we will still not make much progress (come to think of it, N20T is just equivalent to South Africa's annual budget). The country (economy) is suffering from decades of "Rape" and neglect.
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The recovered funds is less than N200B and yet we keep talking about the FG not needing to borrow, or how it should end recession. For some reasons, you lot say nothing about how the actions of these looters progressively led to this economic state.

When GEJ was fighting corruption by blocking the loop holes they use in stealing our resources you lot where shouting that he is not fighting corruption..

Even if they succeed in recovering the looted fund, corruption will still persist because, the loopholes are not block and the fraudsters are not given serious punishment..

How will somebody steal 500 million then Pay 500,000 as fine?

Who is fooling who?
Re: What We Always Do With Recovered Loots - EFCC by Akposkibo(m): 9:06pm On Feb 11, 2017
I get account Oo, make EFCC just pay 1/10 of the loot there, lol.......God bless 9ja
Re: What We Always Do With Recovered Loots - EFCC by cicofino: 9:11pm On Feb 11, 2017
Bevista:
Unfortunately, this narrative has been going on for sometime now. I really don't know if this is a product of ignorance or just a way of discrediting the efforts of the administration.
---
If I may ask, how much has been recovered and how far can that solve Nigeria's problems? The FG gave aggregate bailout funds of over N500B to the states, yet that did not even scratch the problem. FG even gave another round of funds (over N500B) to states as refunds from debts over-deductions, yet it still looks like nothing is happening.
---
The fact is that most of us have no inkling about the enormity of the challenges facing the country. Sink N20Trillion into this economy today, and I can assure you we will still not make much progress (come to think of it, N20T is just equivalent to South Africa's annual budget). This country (economy) is suffering from decades of "Rape" and neglect.
---
The recovered funds is less than N200B and yet we keep talking about the FG not needing to borrow, or how it should end recession. For some reasons, you lot say nothing about how the actions of these looters progressively led to this economic state.

abeg who u wan make e read dis tin
Re: What We Always Do With Recovered Loots - EFCC by TEMINIKANSOSO(m): 9:14pm On Feb 11, 2017
So what's buhari doing with the money, d recovered money is enough to save us from death.
Re: What We Always Do With Recovered Loots - EFCC by Mabelenena(f): 9:19pm On Feb 11, 2017
After paying the money into Buhari's single treasury account what next?? He uses it to go for treatment in London and wud not come back untill the doctors are satisfied
Re: What We Always Do With Recovered Loots - EFCC by mecussey(m): 9:41pm On Feb 11, 2017
Chikelue2000:
All dis money wey FG de recover, recession should be over by now. FG owes us all explanations

we need to probe somebody in london...
Re: What We Always Do With Recovered Loots - EFCC by Gliding(m): 9:45pm On Feb 11, 2017
Bevista:
Unfortunately, this narrative has been going on for sometime now. I really don't know if this is a product of ignorance or just a way of discrediting the efforts of the administration.
---
If I may ask, how much has been recovered and how far can that solve Nigeria's problems? The FG gave aggregate bailout funds of over N500B to the states, yet that did not even scratch the problem. FG even gave another round of funds (over N500B) to states as refunds from debts over-deductions, yet it still looks like nothing is happening.
---
The fact is that most of us have no inkling about the enormity of the challenges facing the country. Sink N20Trillion into this economy today, and I can assure you we will still not make much progress (come to think of it, N20T is just equivalent to South Africa's annual budget). This country (economy) is suffering from decades of "Rape" and neglect.
---
The recovered funds is less than N200B and yet we keep talking about the FG not needing to borrow, or how it should end recession. For some reasons, you lot say nothing about how the actions of these looters progressively led to this economic state.

Finally. Some breath of fresh air. But, is it that we really don't know, or we just want to be mischievous?
You will notice that nobody has really challenged your post with facts, rather they just abuse or call you names. Just watch and see
Re: What We Always Do With Recovered Loots - EFCC by Horus(m): 9:55pm On Feb 11, 2017

https://www.youtube.com/watch?v=l0UXHMjx-Ok

EFCC Recovers $9 8m From Former NNPC Boss, Yakubu
Re: What We Always Do With Recovered Loots - EFCC by Adsen: 10:00pm On Feb 11, 2017
There is wayo here.

Are the recovered funds part of the FG share of revenue?

That money belong to all the three tier of government.

The right place to find such monies is the Federation Account and not the CRF of the FG.
Re: What We Always Do With Recovered Loots - EFCC by Horus(m): 10:17pm On Feb 11, 2017

https://www.youtube.com/watch?v=FbUJqv5V_Ss

EFCC Chairman giving a break down of over $10million seized from Yakubu
Re: What We Always Do With Recovered Loots - EFCC by dotedote: 11:20pm On Feb 11, 2017
[color=#990000][/color] Wailers Shey?
They're like chinese-film sufayos. Dem no dey die finish

1 Like

Re: What We Always Do With Recovered Loots - EFCC by Jesusloveyou: 11:56pm On Feb 11, 2017
Chikelue2000:
All dis money wey FG de recover, recession should be over by now. FG owes us all explanations
how many time wil you be explain to, or make use of google.
The money in TSA, was 4.5tr naira.
Recurrent expenditure gulp more than 2tr naira and capital expenditure gulp more than 2tr naira.
Meanwhile TSA is also federation account and consolidated revenue account share by federal,state and local govt.

1 Like

Re: What We Always Do With Recovered Loots - EFCC by Sadisbala(m): 11:59pm On Feb 11, 2017
lofty900:
After paying the money into Buhari's single treasury account what next?? because it doesn't look like any loot is being recovered at all.
but do you believe that stealing is not corruption right?

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