From 1970?

Hmm! money taken out of USA illegally from 1970 till date would be a hundred times more than that. But that didn't deter them from being productive and still retaining their position in the world

Ehn...OMG

NothingDoMe:
It indicts Buhari.

You need to stop being sentimental. You were doing so well until Buhari's town hall meeting.

It's really affected your composure.

Who needs a validation from a failure in life?
Will you face your front and continue supporting your thief in peace Failure, and go on with what you were good in prior now.
Be guided!
This is a thread for you and your ilks itk!
https://www.nairaland.com/4659936/demonic-airforce1-vs-explorers-what
Read it, assimilate and look for ur next customer.
gt.

Alarming statistics, nice revelation but has this changed till date? What has the EFCC done to change this??

NothingDoMe:
It indicts Buhari.

You need to stop being sentimental. You were doing so well until Buhari's town hall meeting.

It's really affected your composure.

True anyone still supporting buhari now looks really silly

yungcrae:
According to Punch News Nigeria - Source

Nigeria has recorded illicit financial outflows of $217.7bn in 38 years, specifically between 1970 and 2008, the Economic and Financial Crimes Commission, said in Abuja on Wednesday.

The commission stated that the various investigations, arrests, prosecution and assets recoveries over the years had confirmed that the level of corruption in Nigeria had been truly staggering.

The Acting Chairman of EFCC, Ibrahim Magu, represented by its Acting Spokesperson, Tony Orilade, expressed these views at a one-day conference organised by Online Publishers Association of Nigeria with the theme: “Free press and objective reporting in the 2019 election year.”

The EFCC boss said corruption in Nigeria was being perpetrated by individuals and groups both in the private and public sectors.

He identified former state governors, ministers, high ranking military officers, chief executives of parastatals and top bureaucrats in state and federal agencies as culprits involved in the public sector theft.

Magu said, “The alarming rate of corruption committed by these unpatriotic elements can be partly seen in the number of convictions secured by the EFCC from Nigerian courts since I assumed duty as the head of the commission in 2015.

“The figure stands at 103 in 2015, 195 in 2016, 189 in 2017 and 312 for the period of January to December 2018. The total figure for the period of 2015 to 2018 is a mind-blowing 799 convictions. In the process of such convictions, the EFCC recovered N794.5bn, $261m, £1.1m, €8.1m and CFA86, 500.

“One of the most graphic ways through which the absence of democratic accountability manifests itself in Nigeria today is through the prevalence of rampant corruption at all levels of governance. For example, Transparency International reported that Nigeria was the most corrupt country in the world for years: 1996, 1997, 2000 and second in the line for remaining years up to 2003.

“In February 2015, a high-level panel on illicit financial flows from Africa constituted by the African Union, under the chairmanship of a former President of South Africa, Thabo Mbeki, revealed that Nigeria ranked first among ten African countries by cumulative illicit financial flows between 1970 and 2008. The total outflow from Nigeria for the period was $217.7bn constituting about 30.5 per cent of Africa’s total share.”

https://punchng.com/217bn-taken-out-of-nigeria-illegally-in-38-years-efcc/

you cry about money being push out of Nigeria by politicians through your help, yet those boys that returning the money back you wouldn't allow them to have peace

post=74844201:
DAMN IT!
Calculators can't convert this to Naira!
And for all these years they raped our nation blindly.
They shared the billions among themselves.
All corrupt and evil politicians will never go scot free.
They will all end painfully in this life and the life to come.

217,000,000,000,000,000,000,000,000,0000

EWU DUARA

Silvermoney:
That is less than the combined net worth of only two men in America - Jeff Bezos and Bill Gates. Is Nigeria really a rich country?

Bill Gates is worth $91b


https://www.thestreet.com/personal-finance/bill-gates-net-worth-14564023


Jeff Bezo is currently $143b

https://www.thestreet.com/personal-finance/bill-gates-net-worth-14564023

It should made a crime to have these kind of money

Administration1:
That kind money fit lift us out of poverty and compete with other great nations

No amount of Billion or trillion of €$£ can help when we have incompetent president ,the cash will vanish.

ok

I am sure you are not an accountable person too.If not you will not be on 90% of threads on nairaland,dont you do other things with your time?.If somebody like you get to leadership position I can bet your hands will be dipped into the till as well.

post=74844201:
DAMN IT!
Calculators can't convert this to Naira!
And for all these years they raped our nation blindly.
They shared the billions among themselves.
All corrupt and evil politicians will never go scot free.
They will all end painfully in this life and the life to come.

217,000,000,000,000,000,000,000,000,0000

All the C-in-C within those period should be investigated and prosecuted, it is however unfortunate that people whose future have been looted will still come in defence of their oppressors against someone like Sowore, who has stood stoutly against them.

963AvatarSpirit:
Not much, we should be focusing on productivity not counting lost coins.

$217 bn is not much?

Wow!

Indeed, the current generation sees looting as a career already.

Hope Buhari first stint was put into reconning, as in (53 suitcase)

PassingShot:

$217 bn is not much?

Wow!

Indeed, the current generation sees looting as a career already.

Will you keep quiet? Is $217b worth the budget of Pentagon per year? This is what you get when you interact with citizens of a poor country like Nigeria who depend on just one product, called Petroleum, a natural lubricant for the sustenance of an estimated 200 million people.

megacity:
Don't just make wild statements ...if EFCC knows how much was taken out, it follows they also know the names of those that took them out


Please do us a favour, tell us the names of those that took them out so we can get our money back


That time has passed is not enough grounds for us not to get our money back....if we cant get all, let's at least get the one wey they chop remain

if they tell you their names, what can you do? The Ganduji or what's his so-called name, a governor who took bribe before camera, what has be done to him?

post=74845237:

Who needs a validation from a failure in life?
Will you face your front and continue supporting your thief in peace Failure, and go on with what you were good in prior now.
Be guided!
This is a thread for you and your ilks itk!
https://www.nairaland.com/4659936/demonic-airforce1-vs-explorers-what
Read it, assimilate and look for ur next customer.
gt.

What if I want to by grilled meat? Are you saying you won't sell to me?

how many people had EFCC convicted? They should stop yielling shit

Are you sure Abacha's loot was added, cos I know his own is more than 1trn USD

[s]

963AvatarSpirit:


Will you keep quiet? Is $217b worth the budget of Pentagon per year? This is what you get when you interact with citizens of a poor country like Nigeria who depend on just one product, called Petroleum, a natural lubricant for the sustenance of an estimated 200 million people.

[/s]
Na saw dust dey your brain I swear.

PassingShot:
[s][/s]
Na saw dust dey your brain I swear.

Your Dad should be blamed for fuccking his way into birthing an imbe.cile. I guess he couldnt afford a condom as always.