₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,626 members, 8,422,910 topics. Date: Tuesday, 09 June 2026 at 03:07 AM

Toggle theme

Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsFalana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption (7755 Views)

1 2 Reply (Go Down)

Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Racoon(m): 7:39am On Dec 10, 2018
Not funny @ all.They know the truth but the Buhari government will rather choose to go blind because of it's warped mentality.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by speedyconnect3: 7:40am On Dec 10, 2018
Useless govt
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by datyrone(m): 7:41am On Dec 10, 2018
gare:
Lol, what have I done for my country or constituency, let's not go there because you will not understand, it's not about me but rather focus on the advice from Falana
no be you wan hawk akara wen no be your own.you shud focus on empowering people not creating labels online
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by gare(f): 7:41am On Dec 10, 2018
EFCC does or carry out it's functions with vandatta, they don't have a clear cut procedures and guidelines, if someone is allerged to have invested corrupt proceed somewhere, you don't close down the business instead you take over the business and it's proceeds kept in a an account pending the determination of the case, because if you're unable to determine the case in your favour then the person can file a case against the EFCC for damages
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by efeteb: 7:43am On Dec 10, 2018
You get sense
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by sureheaven(m): 7:44am On Dec 10, 2018
Whenever falana speaks, he speaks with a lots of sense.

U won't see or hear Ozekhome except to follow corrupt politicians to court to defend them or delay justice.

Those houses can be sold or leased if not sealed but EFCC should adopt another method instead of making those properties lose their value.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by gare(f): 7:44am On Dec 10, 2018
datyrone:
no be you wan hawk akara wen no be your own.you shud focus on empowering people not creating labels online
See parable, as weak as the owner, you want to be empowered then you have to ensure you have the right skills, Moreover you can direct your concern to your APC government not me they should be concerned about empowering people not sharing 10k and call that empowerment
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by budusky05(m): 7:48am On Dec 10, 2018
Is it by killing them? Even the judiciary is corrupt,
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Elektronisch(m): 7:49am On Dec 10, 2018
Adeitanajoke:
https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2016/04/Femi-Falana-1.jpg?fit=860%2C496&ssl=1

Femi Falana, a senior advocate of Nigeria (SAN), has advised the Economic and Financial Crimes Commission (EFCC) to stop sealing off assets belonging to suspects of financial crimes.

The lawyer gave the advice in Ikeja at the presentation of ‘Compendium of High-Profile Corruption and Financial Crimes Cases in Nigeria’.

Falana said sealing of properties while cases were still pending in courts does not do the public any good as the assets eventually lose economic value.

He said: “I do not subscribe to the locking up of assets or properties while a case is still pending in court. I do not think the EFCC or other anti-corruption agencies should be doing that.

“If somebody has stolen money to build a hospital, just like the one on Adeniyi Jones in Ikeja, somebody was alleged to have stolen to build the hospital worth about N2.5billion, which is sealed now.

“For me, you are not doing the public any good by just locking up the place and by putting your inscription: ‘Under Investigation’.

“Why don’t you allow it to function so that the place can benefit the people, because it is already acquired for public purpose.

“And this should go for all buildings too. People are looking for accommodation and you just lock up blocks of flat over cases still pending in court.

“And these cases may be in court for years. And by the time the cases are concluded, the premises you have sealed no longer have their value.

“The EFCC was set up to revive businesses not to liquidate them. You liquidate businesses by just getting some court orders. That to me, is not the way to fight corruption.”

Falana said the seized vehicles wasting away at EFCC offices is a cause for concern.

He suggested that the vehicles could be sold by the EFCC while the proceeds are kept in an account pending the determination of the cases involving their owners.

“If the case is finally resolved in favour of the suspects, they are given the money, if not, the money is forfeited to the government,” he said.

“That, I think, is better than allowing these vehicles to waste away while cases are being investigated or still pending in court.”

https://all-gists..com/2018/12/falana-to-efcc-sealing-assets-of-suspects-not-the-way-to-fight-corruption.html
I am sorry sir, but the EFCC as currently constituted is just a wing of the APC. They have to make a big show to satisfy the bayings of the foolish bloodthirsty hounds that support them.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by wink2015(m): 7:49am On Dec 10, 2018
Adeitanajoke:
https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2016/04/Femi-Falana-1.jpg?fit=860%2C496&ssl=1

Femi Falana, a senior advocate of Nigeria (SAN), has advised the Economic and Financial Crimes Commission (EFCC) to stop sealing off assets belonging to suspects of financial crimes.

The lawyer gave the advice in Ikeja at the presentation of ‘Compendium of High-Profile Corruption and Financial Crimes Cases in Nigeria’.

Falana said sealing of properties while cases were still pending in courts does not do the public any good as the assets eventually lose economic value.

He said: “I do not subscribe to the locking up of assets or properties while a case is still pending in court. I do not think the EFCC or other anti-corruption agencies should be doing that.

“If somebody has stolen money to build a hospital, just like the one on Adeniyi Jones in Ikeja, somebody was alleged to have stolen to build the hospital worth about N2.5billion, which is sealed now.

“For me, you are not doing the public any good by just locking up the place and by putting your inscription: ‘Under Investigation’.

“Why don’t you allow it to function so that the place can benefit the people, because it is already acquired for public purpose.

“And this should go for all buildings too. People are looking for accommodation and you just lock up blocks of flat over cases still pending in court.

“And these cases may be in court for years. And by the time the cases are concluded, the premises you have sealed no longer have their value.

“The EFCC was set up to revive businesses not to liquidate them. You liquidate businesses by just getting some court orders. That to me, is not the way to fight corruption.”

Falana said the seized vehicles wasting away at EFCC offices is a cause for concern.

He suggested that the vehicles could be sold by the EFCC while the proceeds are kept in an account pending the determination of the cases involving their owners.

“If the case is finally resolved in favour of the suspects, they are given the money, if not, the money is forfeited to the government,” he said.

“That, I think, is better than allowing these vehicles to waste away while cases are being investigated or still pending in court.”

https://all-gists..com/2018/12/falana-to-efcc-sealing-assets-of-suspects-not-the-way-to-fight-corruption.html
YOU ARE ON POINT!
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by duni04(m): 7:49am On Dec 10, 2018
This man should STFU!!!!!
Nothing anybody does is right for him.
Even if the EFCC doesn't lock up these properties, he will say the opposite. Always wants to be in d news
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Elektronisch(m): 7:55am On Dec 10, 2018
duni04:
This man should STFU!!!!!
Nothing anybody does is right for him.
Even if the EFCC doesn't lock up these properties, he will say the opposite. Always wants to be in d news
Sorry sir, please calm down. Take a deep breath...no three deep breaths. Gooooood. Now answer this sincerely
DOES HE HAVE A POINT OR NOT?
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by datyrone(m): 7:58am On Dec 10, 2018
gare:
See parable, as weak as the owner, you want to be empowered then you have to ensure you have the right skills, Moreover you can direct your concern to your APC government not me they should be concerned about empowering people not sharing 10k and call that empowerment
you are just a faux red herring... you think along political lines,obviously a neonate.its not about the party in power its about the Nigerian system of doing things.

this same papafalz speaking truth today wud distort the truth tomorrow. lawyers are like that.so don't go swooning over him

social empowerment is not just the governments to do.even you can make an impact on a small way.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by duni04(m): 8:04am On Dec 10, 2018
Elektronisch:
Sorry sir, please calm down. Take a deep breath...no three deep breaths. Gooooood. Now answer this sincerely
DOES HE HAVE A POINT OR NOT?
Yes he does. But this man always has this utopian air around him. Criticising without trying to understand peculiar circumstances. The truth is that there are so many - thousands of criminally acquired properties. There is no way the EFCC can assume oversight over them if they are allowed to run as going concerns. That in itself would expose the commission to corruption. It's best to shut them down and sell afterwards irrespective of the loss of economic value.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by sacajawea(m): 8:10am On Dec 10, 2018
datyrone:
I don't take lawyers seriously.... even papa falz angry
Which Hospital is On Adeniyi Jones Again Pls
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by sacajawea(m): 8:11am On Dec 10, 2018
wickyyolo:
What he said is very correct. Most especially with the Hospital
Which Hospital is On Adeniyi Jones? The name Pls
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Nobody: 8:20am On Dec 10, 2018
But this draconian govt of buhari is always both the accuser and the judge. The actual judge is just formality, efcc has already judged the cases and concluded
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Austineexel: 9:31am On Dec 10, 2018
Falana Just confirmed this government brought resession to us and they are still hell bent on ruining the economy
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by mechanics(m): 9:54am On Dec 10, 2018
Wise choice, I concur.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by biztip: 10:06am On Dec 10, 2018
buhari doesn't know what it means to fight corruption
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by andyanders: 10:41am On Dec 10, 2018
Tonymegabush1:
I think I subscribed to his observation regarding this issue outright closure or sealing off properties is not the right way of doing things in this country we waste 2many resources yet we claim we don't have money
Not only that. Some buildings that are been destroyed by some government agencies, why can't the government collect those houses, complexes. and covert them to government owned buildings rather than destroying properties worth billions of naira.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by somehow: 11:31am On Dec 10, 2018
I support this. Any money made during investigation goes to a special account until the case is concluded.

Unless it's a personal home,any other property that makes income must be allowed to keep operating but the alleged thief blocked from accessing the income.
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by somehow: 11:32am On Dec 10, 2018
Before Buhari, how did we treat cases like this?
biztip:
buhari doesn't know what it means to fight corruption
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by greatman247(m): 11:49am On Dec 10, 2018
tolulope1990:
Tell them... Devilish party and governance
Efcc has been tool to get at opposition from the very beginning in this country. During OBJ/Atiku era, anyone who was against the govt will be chased by Efcc. This is not just happening today by the ruling party, PDP did it also...
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by tolulope1990(m): 12:32am On Dec 11, 2018
greatman247:
Efcc has been tool to get at opposition from the very beginning in this country. During OBJ/Atiku era, anyone who was against the govt will be chased by Efcc. This is not just happening today by the ruling party, PDP did it also...
OK tell me more
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by greatman247(m): 1:51pm On Dec 11, 2018
tolulope1990:
OK tell me more
Google is your friend!
1 2 Reply

Owo Massacre Suspects Not ISWAP Members- AmotekunFalana To Malami: You Risk Being Removed As AGF If You Fail To Release SoworeFalana To DSS: Release Sowore, Bakare And Stop Exposing Nigeria To Ridicule234

See My Governor Looking Fit, Classy, Smart And Well-Fed (picture)Policeman Killed, Mornarch’s Wife, 14 Others Abducted In Zamfara2027 Elections: Don’t Vote For Any Candidate Because Of These 6 Reasons