EFCC recovers N329b from major oil marketers

Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission

The Economic and Financial Crimes Commission (EFCC) recovered about N329 billion from major oil marketers in one year, from July 2016 to July 2017.
The Northwest Head of Operations of the Commission, Dr. Adamu Hamisu Danmusa, disclosed this at a press briefing in Kano.

Danmusa disclosed that during the last scarcity, some independent marketers filed a petition to the Commission against the major marketers, which led to an investigation of their activities in connection with the Nigerian National Petroleum Corporation (NNPC).

“We were able to recover N328, 988, 296, 990.62 out of N349, 818, 411,556.37 that was petitioned on. At the initial stage, the Commission was told that N40 billion was missing, but when we delved into investigation we found out that the missing money was up to N91 billion.”

The EFCC yesterday also canvassed for the introduction of anti-corruption courses in the country’s universities.

Acting Chairman of the commission, Ibrahim Magu, advocated the curricula on anti-corruption during his courtesy visit on the Executive Secretary of the National Universities Commission (NUC), Prof. Adamu Rasheed, in Abuja.

Magu disclosed that the EFCC would from January 2018 sponsor 20 Ph.D. researches on various aspects of corruption for the next 10 years.

“The EFCC wants NUC to lead in the introduction of anti corruption curricula in the nation’s universities to be taken by all fresh undergraduate students regardless of their disciplines,” he said.

He added that the commission would also support the publication of manuscripts relevant to the teaching of the anti-corruption courses.

Magu charged all Nigerians to join in the fight against corruption, adding that the university system was critical and that the youth remains their target.

Speaking, Rasheed said the NUC was prepared and would soon commence consultations with academics and other stakeholders on the best way the curricula on the fight against corruption can be developed.

Meanwhile, the Association of National Accountants of Nigeria (ANAN) yesterday said it was committed to the war against corruption and whistle blowing against corrupt public officers in the country.

It said it has, therefore, established the Society for Forensic Accounting and Fraud Prevention (SFAFP) to train, regulate and supervise accountants on Forensic Accounting and Fraud Prevention, adding that the initiative would help fight corruption and encourage professionalism.

The association made this known during the opening ceremony of its fourth Mandatory Continuing Professional Development (MCPD) programme and orientation of new members in Kaduna.

National President of ANAN, Shehu Usman Ladan said the association has been in the forefront of whistle blowing before the Federal Government’s intervention and would continue to support the government in it campaign against corruption.

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