Showing posts with label Ola Olukoyede. Show all posts
Showing posts with label Ola Olukoyede. Show all posts

Monday, September 30, 2024

EFCC And Yahaya Bello’s Hide-And-Seek Game

 By Charles Okoh

The Economic and Finan­cial Crimes Commission (EFCC) may have with re­cent events, proven to those who never believed in its abilities to properly prosecute financial fraud offenders without bias, that it has outlived its usefulness. An anti-graft agency that seems only out to diligently hunt and pros­ecute small fries while bungling high-profile cases involving men and women of means certainly can­not provide the much desired check on economic and financial crimes that hold this nation hostage.

*Tinubu and Bello 

At the outset of the agency, inci­dentally under Nuhu Ribadu, who is the current National Security Adviser to President Bola Ahmed Tinubu, there were at least some attempts to prosecute high-pro­file cases. Even though it was ar­gued that ex-President Olusegun Obasanjo and succeeding presi­dents after him, have been using the agency to persecute political enemies but it was still not hopeless as it currently is.

Thursday, July 25, 2024

Judges Are The Biggest Bribe-Takers In Nigeria: Wow! What A Country!

 By Olu Fasan

IT is official! The judiciary is the most corrupt institution in Nigeria; judges are the biggest takers of bribes in this country. A few years ago, I wrote a piece titled “Lord, give Nigeria bold and incorruptible judges”, (Vanguard, April 25, 2019). When I said that Nigerian judges are fantastically corrupt, it seemed as if I was just making an assertion, as if I was just expressing an opinion as a columnist.

But now, we have an official confirmation. According to a recent survey conducted and published by the National Bureau of Statistics, NBS, in collaboration with the United Nations Office on Drugs and Crime, UNODC, Nigeria’s public officials received N721billion cash bribes in 2023, and judges topped the list of the recipients.

Monday, April 29, 2024

Yahaya Bello: EFCC Deserves Public Support

 By Tonnie Iredia

Nigeria’s anti-corruption agencies, the Economic and Financial Crimes Commission EFCC and the Independent Corrupt Practices Commission ICPC were established some two decades ago by the government of President Olusegun Obasanjo. The motivation was to set up strategic platforms to deal decisively with the evils of corruption which were generally accepted by all to be at the apex of the nation’s collective malaise.

*Bello performing in Lokoja when he was in power 

Nigerians were also aware that their country had been labelled as fantastically corrupt by the international community. This seems to explain the decision of each successive President to make strong statements to end corruption either during his electioneering campaigns or even after having been elected. At a point, the poetic declaration was: ‘if Nigeria does not kill corruption, corruption will kill Nigeria.’ Put differently, corruption is the most notorious bane of Nigeria’s development.

Thursday, January 25, 2024

Toothless Bulldog: Tinubu’s EFCC Can’t Fight Corruption

 By Olu Fasan

Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission, EFCC, recently appointed by Nigeria’s new president, Bola Tinubu, is saying the right things and making the right noises about fighting corruption in Nigeria. Recently, he struck a chord with me when he called for unexplained wealth legislation in Nigeria.

*Ola Olukoyede

Unexplained wealth laws are the most powerful tool for tackling corruption, as I wrote in a piece titled: “Fighting corruption? Nigeria must tackle unexplained wealth” (Vanguard, November 22, 2021). Yet, despite my positive opinion of the new EFCC chairman, the stark reality is that the EFCC won’t and can’t make an iota of difference in stemming the inexorable rise of corruption in Nigeria. The agency is so bedevilled that it has become part of the problem, not part of the solution.