Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets

Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC - Politics - Nairaland

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Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Islie(op): 3:15pm On Jan 23, 2016

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said that the funds looted from Nigeria in the last five years is enough to fund three years budget of the country.

He stated this yesterday during an informal meeting with Nobel laureate Wole Soyinka in Ikeja, Lagos State.

Magu used the occasion of the meeting to discuss his plans for a renewed clampdown on corrupt officials in Nigeria.

Earlier at the meeting, Mr. Soyinka bantered with the EFCC chairman, at one point wishing him “good luck, but not that other one.”

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Mr. Magu was accompanied by some of his aides.

The Nobel laureate expressed his unfettered support to Mr. Magu, urging him to do all the right things necessary to arrest the culture of impunity and corruption in the country.

Mr. Soyinka remarked about the probe of procurement contracts for the military and the arrest of former National Security Adviser, Sambo Dasuki.

He also made reference to former Petroleum Minister, Diezani Alison-Madueke, who is currently in the UK undergoing treatment for cancer, stating that her health had been used to milk public sympathy.

http://www.nigerianmonitor.com/2016/01/23/funds-looted-from-nigeria-in-last-5-years-can-service-3-annual-budgets-efcc/

4 Likes 1 Share

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by fallout87: 3:24pm On Jan 23, 2016

What reckless nonsense are these ones saying? Only a complete fool will believe almost 100 billion USD or +18 trillion naira has been stolen in just 5 years.

Instead of solution more tales by campfire

59 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Nobody: 3:32pm On Jan 23, 2016

haha haha

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by HtwoOw: 3:38pm On Jan 23, 2016

2.1 Billion among others was stolen, I do not think it'll be hard for US Billion = NGN Trillion

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by AngryNigerian(m): 3:45pm On Jan 23, 2016

If $18.something billion was stolen in the past 5 years den how much was embezzled 15years before then?

#AmelicaMustBeAware

9 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by sukkot: 3:56pm On Jan 23, 2016

dayummmmmm shocked

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Omotayor123(f): 3:57pm On Jan 23, 2016

What about the ones that have been retrieved! huh

1 Like

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by tomdon(m): 3:57pm On Jan 23, 2016*

so why are they making so much showmanship of mere $2.1b out of $100b?
where is the remaining $98b?
who and who stole it?

if they have so much information what are they waiting for?

or is the info unsubstantiated or unfounded?

so much unanswered questions

31 Likes 1 Share

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by thefakestan: 3:57pm On Jan 23, 2016

So how do we get them back tired of hearing all this.

We need solutions not stating the obvious.

ThefakeStan

5 Likes

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by mach7(m): 3:57pm On Jan 23, 2016

Corruption!

If we don't kill corruption, corruption will kill Nigeria...PMB (2015).

After all is said and done, I still find it strange that some people will rise up and be defending those that are being investigated for looting the national treasury.

Can you imagine how Nigeria would have been if these monies weren't stolen? There would have been better hospitals/healthcare which would have saved us countless amounts of money spent on medical tourism, there would have been a better education system, there would have been jobs, industries, good infrastructure, well trained/armed security personnel etc.

May God save us from the wicked amongst us.

33 Likes

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by funshyboi(m): 3:57pm On Jan 23, 2016

So, go ahead and service it stop telling us.

7 Likes 3 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Aristotle96(m): 3:57pm On Jan 23, 2016

Summary plz undecided

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by englishmart(m): 3:58pm On Jan 23, 2016

Bleep every spirit of lie mohammed in my life
Amen

19 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Aare2050(m): 3:58pm On Jan 23, 2016

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by joshing(m): 3:58pm On Jan 23, 2016

Do your work sir

3 Likes

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Meriekriss: 3:58pm On Jan 23, 2016

One thing I noticed about APC is like they love exaggerating and inflating figures.. Nor surprised the proposed budget is so blotted nd inflated..

You say the money stolen in 5 years is enough to service 3 years budgets right? With such statement from Magu, I want to believe has the documents backing this... Then when will they start recovering the whole money?

Stolen money can service 3 year budgets but the proposed 2016 budget is being hoped to be served by part of just 300billion naira from stolen funds..

Even the biggest looted fun case which is the $2.1bill that Dasuki was alleged to have diverted, Dasuki has been only accused of mismanaging not more than 10bil naira.. Is $2.1bill now equal to 10bill?? Why do they now keep singing $2.1bill scam in the media.

That's how one man just woke up and said $20b was missing... APC is in power now and they still don't have evidence to jail the ppl that stole the $20bill..

APC, the more you look, the less you see...

41 Likes 3 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by jmaine: 3:58pm On Jan 23, 2016

When these sad ediots are done talking . . . .They will all get down to work to salvage the supersonic nose diving of the economy . . . . . . Shameless clowns . .. . . .

23 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by biafranbaby(m): 3:58pm On Jan 23, 2016

And you are yet to convict one single person.

10 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Nobody: 3:58pm On Jan 23, 2016

But u daft oooh!!!

fallout87:
What reckless nonsense are these ones saying? Only a complete fool will believe almost 100 billion USD or +18 trillion naira has been stolen in just 5 years.

Instead of solution more tales by campfire

15 Likes 1 Share

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by bimbochoco(m): 3:58pm On Jan 23, 2016

Wow

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by shamecurls(m): 3:59pm On Jan 23, 2016

https://www.youtube.com/watch?v=3-IS94A5_uQ

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Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Nobody: 3:59pm On Jan 23, 2016

Nigeria leaders are worst than devil.

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Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Nobody: 3:59pm On Jan 23, 2016

Oga Magu!!!! WE TIRED OF TALK!! TALK!! TALK!!! YOU ARE ON BOARD NOW! GET OUR MONEY FROM THE LOOTERS AND JAIL THEM!
THATS ALL

15 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Morkavictor: 4:01pm On Jan 23, 2016

Lies,zombies over to you

4 Likes

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by ernie1234(m): 4:01pm On Jan 23, 2016

Wole Soyinka Supporting PMB all the way......... Its getting Hotter....

2 Likes

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by Firefire(m): 4:02pm On Jan 23, 2016

Absolutely!

EFCC should stop politics of taken orders from the corrupt APC leaders, time to visit all corruption allegations cases on your table.

All political office order from 1999 to date should be investigated, their assets declaration forms should be study and culprit should be sent to LIFE IMPRISONMENT without parole.

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Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by kay29000(m): 4:02pm On Jan 23, 2016

hmm

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by allytinted: 4:03pm On Jan 23, 2016

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by coolzeal(m): 4:04pm On Jan 23, 2016*

How much has the Northerners stolen from this nation since independence? Lets be objective ..

14 Likes 2 Shares

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by chukkiephil(m): 4:05pm On Jan 23, 2016

ZOMBIES ooooooooo!! food is READY!!!!!! grin

8 Likes 1 Share

Re: Funds Looted From Nigeria In Last 5 Years Can Service 3 Annual Budgets – EFCC by banmee(m): 4:05pm On Jan 23, 2016

fallout87:
What reckless nonsense are these ones saying? Only a complete fool will believe almost 100 billion USD or +18 trillion naira has been stolen in just 5 years.

Instead of solution more tales by campfire

And why is it not possible? Remember just one individual is under investigation for mismanaging 2.1 billion dollars. Nigeria is a country that has no laws, no accountability and zero leaders, so anything is possible.

4 Likes

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