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Malami: "EFCC Recovered $2tn From Looters In 12 Years" - Politics - Nairaland

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Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Bukoholah(f): 6:46am On Feb 03, 2016


The Chief Justice of Nigeria, Justice Mahmud Mohammed, on Tuesday called for collaboration between all relevant agencies of the Federal Government for the war against corruption and other related crimes to succeed.

Justice Mohammed spoke at a workshop on ‘combating financial fraud, cyber and cross-border crimes’ in Abuja on Tuesday.

The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, who also spoke at the event, said he was currently working with the judiciary to ensure the success of government’s efforts to end impunity in the land.

Malami also said, “more than $2tn has been confiscated and recovered’ in the last 12 years by the Economic and Financial Crimes Commission.”

Speaking, the CJN said the prompt disposal of criminal cases could only be achieved where “stakeholders in the justice sector work in tandem towards a common objective as a chain is only as strong as its weakest link.”

The CJN’s speech came on the heel of a comment credited to President Muhammadu Buhari who was quoted to have in faraway Ethiopia said that the judiciary was his only “headache” in his fight against corruption.

Justice Mohammed said any efforts to end impunity in the country must first consider and prioritise reforms of the nation’s laws.

He said reform efforts must begin with the establishment of the Administrative of justice Commission as provided for in the Administration of Justice Commission Act, 1991.

He added, “The justice sector must be better coordinated and develop synergistic avenues for the exchange of information and best practices. It is time to leave the rhetoric behind and take visible steps forward in this fight against transnational crimes.

“I believe that if we work in harmony and in sincerity of purpose towards concrete outcomes, then, the efforts that we make will doubtless create a butterfly effect of positive change that is so sorely required in the justice sector.

“Achieving success in fighting fraud, cybercrime and other cross-border crimes depends on all stakeholders working together towards developing intelligent initiatives, which will result in tangible and pragmatic solutions to ending and ridding ourselves of these emerging crimes.”

Malami lamented the negative impact of corruption, fraud, cyber and other cross-border crimes on the nation’s growth efforts.

He assured Nigerians that the reforms efforts being championed by the Justice Ministry under his watch, were intended to lead to an improved anti-corruption and criminal justice system for the country.

Malami said, “I am already working closely with the judicial leadership. In the past few weeks, my team and I have held several interactions with the Chief Justice of Nigeria and other judicial leaders. While the discussions are still ongoing on the best way the Federal Ministry of Justice can support the work of the Judiciary, we are hopeful that we will work in a manner that will reduce delay of complex cases, and improve justice delivery for ordinary Nigerians without compromising the rights to fair hearing.

“The essence is to establish a ‘collaborative buy-in’ between the Executive and the Judiciary in consensus building in the fight against corruption and organised crimes.”

The British High Commissioner in Nigeria, Paul Arkwright, expressed confidence in President Buhari’s commitment to curbing corruption and impunity in the country.

http://www.punchng.com/efcc-recovered-2tn-from-looters-in-12-years/

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Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Nobody: 6:58am On Feb 03, 2016
“more than $2tn has been confiscated and recovered’ in the last 12 years by the Economic and Financial Crimes Commission

Where are those proposing that Gej was impotent in the fight against corruption?

he ruled 6yrs inside twelve years and estimately more than $2trn was retrieved from defalcators.

Buhari have only recovered estimately #400m so far, so who should be lauded for fighting corruption?

PMB Or GEJ?

54 Likes 1 Share

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Aufbauh(m): 7:19am On Feb 03, 2016
@blueto, where do you get the information that $1.6trn was recovered through GEJ regime?
Well it is not in the article above and if there was such at any time, i am optimistic that GEJ and his cronies have relooted up to 80% of the recovered money.

Please don't be deceive by fantasy or fallacy as we all knew that GEJ ran a Bazaar government!
Auctioning looted monies to family and friends was GEJ calling.

27 Likes 2 Shares

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by mrvitalis(m): 7:29am On Feb 03, 2016
2trn naira or dollars??
If it's naira it is still poor and more needs to be done.. .. but it's impossible to recover 2 trillion dollars
We don't even have such amount in our economy jor

21 Likes 1 Share

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by skademzy(m): 7:34am On Feb 03, 2016
Its time EFCC start to account for the recovered funds. All we know of is their reciept, then no more news... From one thief to another... As the transfer continue...

2 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by BaddieKay(f): 7:38am On Feb 03, 2016
In the long period of 12yrs we don't have that kind of money?
mrvitalis post=4257205?1:
2trn naira or dollars??
If it's naira it is still poor and more needs to be done.. .. but it's impossible to recover 2 trillion dollars
We don't even have such amount in our economy jor

6 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by eyesofgod: 7:39am On Feb 03, 2016
Well well. There must be error somewhere.

7 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by DONSMITH123(m): 7:39am On Feb 03, 2016
Hmmm
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by ziego(m): 7:39am On Feb 03, 2016
I hope they would use it or reloot it

Next government recovers and loots

Next recovers and loots

Cirle of governmental loots


LoL
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Segadem(m): 7:39am On Feb 03, 2016
mrvitalis:

Yes bro We don't.... since 1958 rill now all our oil revenue is not up to a trillion dollars
So it's impossible.... Bro We are talking of
600 trn naira here??
Jaideyone:
not possible. it has to be naira
Jaideyone:
not possible. it has to be naira
eyesofgod:
Well well. There must be error somewhere.
did u know better than "them"?
oya tell us your own figures!






I'm waiting....

1 Like

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Jaideyone(m): 7:39am On Feb 03, 2016
not possible. it has to be naira

5 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Segadem(m): 7:40am On Feb 03, 2016
mrvitalis:
2trn naira or dollars??
If it's naira it is still poor and more needs to be done.. .. but it's impossible to recover 2 trillion dollars
We don't even have such amount in our economy jor
Oga madam naija is worth more than that.

1 Like

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by kilokeys(m): 7:40am On Feb 03, 2016
And where the money dey?
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by efilefun(m): 7:40am On Feb 03, 2016
cheesy
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by luvinhubby(m): 7:40am On Feb 03, 2016
$2 trillion shocked shocked
That is like the total GDP of sub-saharan Africa.

The man smoke shisha before attending that conference.

11 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by LockDown69(m): 7:41am On Feb 03, 2016
Where's all the money?

1 Like

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by djkirkoo2(m): 7:41am On Feb 03, 2016
Hmmmm
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by mrvitalis(m): 7:41am On Feb 03, 2016
BaddieKay:
In the long period of 12yrs we don't have that kind of money?
Yes bro We don't.... since 1958 rill now all our oil revenue is not up to a trillion dollars
So it's impossible.... Bro We are talking of
600 trn naira here??

6 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by blaise00700(m): 7:42am On Feb 03, 2016
If Buhari's fight against corruption is not selective, why do we still have more air than peanut in this Burger nut? grin

7 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by ibietela2(m): 7:42am On Feb 03, 2016
[size=30pt]WHERE IS THE MONEY THEN[/size]

5 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by nenergy(m): 7:43am On Feb 03, 2016
blueto:


Where are those proposing that Gej was impotent in the fight against corruption?

he ruled 6yrs inside twelve years and estimately $1.6trn was retrieved from defalcators.

Buhari have only recovered #600m so far, so who should be lauded for fighting corruption?

PMB Or GEJ?

Question is; where is the $1.6trn? Why collect from a thief, only to share among legal thieves? Overtaking,overtaking, overtake! grin

9 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by BaddieKay(f): 7:43am On Feb 03, 2016
mrvitalis:

Yes bro We don't.... since 1958 rill now all our oil revenue is not up to a trillion dollars
So it's impossible.... Bro We are talking of
600 trn naira here??


That's really much.
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by tbaba1234: 7:43am On Feb 03, 2016
blueto:


Where are those proposing that Gej was impotent in the fight against corruption?

he ruled 6yrs inside twelve years and estimately $1.6trn was retrieved from defalcators.

Buhari have only recovered #600m so far, so who should be lauded for fighting corruption?

PMB Or GEJ?


Because GEJ was impotent... Where did that estimate come from? OBJ's EFCC was active with a few high profile convictions. GEJ's EFCC was toothless and only went after small crooks.

Your figures are suspect to say the least.

7 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Mcowubaba: 7:43am On Feb 03, 2016
blueto:


Where are those proposing that Gej was impotent in the fight against corruption?

he ruled 6yrs inside twelve years and estimately $1.6trn was retrieved from defalcators.

Buhari have only recovered #600m so far, so who should be lauded for fighting corruption?

PMB Or GEJ?

Is PMB recovering the money through heavy bails melted out to "suspected" culprits or has he really recovered #600m ?

I hope it wasn't Lai mohammed that announced it, bcuz birds whistling on a tree passes more information than him cheesy...

2 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by demarc001: 7:44am On Feb 03, 2016
I need some of the national cake too o! Come to think of it, does it mean efcc have been recovering our yams before? So all they are just doing now is to hype it to seem a new thing to us! Propaganda is REAL!

2 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by tuniski: 7:45am On Feb 03, 2016
mrvitalis:
2trn naira or dollars??
If it's naira it is still poor and more needs to be done.. .. but it's impossible to recover 2 trillion dollars
We don't even have such amount in our economy jor
if it is true that malami said 2trn$ and meant it, then he is clueless! People just call money like it is sand. Incompetent propaganda govt kawai
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by mulattoclaro(m): 7:45am On Feb 03, 2016
PDP destroyed Nigeria for 16yrs. Imagine the amount of looting that took place for 16yrs. To cap it all GEJ became the worst president in the history of Nigeria. PDP should never be allowed to rule Nigeria again.

1 Like

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by Nobody: 7:46am On Feb 03, 2016
mrvitalis:
2trn naira or dollars??
If it's naira it is still poor and more needs to be done.. .. but it's impossible to recover 2 trillion dollars
We don't even have such amount in our economy jor
We have more than that. But it has been pocketed by 'our leaders'
Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by abumeinben(m): 7:46am On Feb 03, 2016
shocked

2trillion dolls....as in 2,000,000,000,000 * 200 = 400,000,000,000,000 Naira.

Or was he meant to say Naira?

The chief justice look thoygh undecided

2 Likes

Re: Malami: "EFCC Recovered $2tn From Looters In 12 Years" by joseph1832(m): 7:46am On Feb 03, 2016
Interesting.

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