The Economic and Financial Crimes Commission (EFCC) said it plans to
set up anti-corruption desks in
Nigerian foreign missions to fast-track
tracing, recovery and repatriation of looted funds stashed abroad.
Acting Chairman, Ibrahim Magu, announced this on Tuesday in Abuja at a
five-day induction programme for the 45 non-career
ambassadors-designate.
The EFCC boss expressed the belief that the move would complement the
efforts of the government in the fight against corruption and recovery
of looted fund.
“To enhance international cooperation in the fight against
corruption, we will propose the establishment of EFCC desk, with our
operatives deployed to collaborate with other law enforcement agencies
in our foreign missions.
“They will assist in the investigation of crimes bordering on money
laundering, cyber crimes, advance fee fraud and issues relating to asset
recovery.
“We can start with the posting of officers to U.S., UK, France,
Italy, Switzerland, South Africa and Ghana in collaboration with the
Federal Ministry of Foreign Affairs,” he said.
Magu expressed concern that asset recovery process was time
consuming, complex and required a great deal of resources, expertise and
political will.
According to him, the anti-graft agency has a strong network of law
enforcement friends with INTERPOL, Metropolitan Police in UK, FBI in the
U.S., among others.
He said that the relationships had enabled the EFCC to often bypass
long queues of bureaucracy to help each other in joint investigations
and intelligence sharing.
“This is evident in celebrated cases we have investigated and
prosecuted abroad, especially in successfully tracing and recovering
assets of ex-governors.
“They include Joshua Dariye, DSP Alamieyeseigha and James Ibori as well as the fraudster Emmanuel Nwude,” he said.
He reiterated the zero tolerance stance of President Muhammadu Buhari
on corruption and urged the ambassadors-designate to join in the fight
against corruption to save the nation and its unborn children.
He said a chunk of Nigeria’s wealth had been stocked and hidden in
foreign countries by highly placed persons which adversely affected the
economic growth and advancement of the country.
Magu said that the new ambassadors had a crucial role to play in the recovery of the funds.
He said that the agency had already dispatched its operatives to some
countries in that regard and challenged the ambassadors-designate to be
of great assistance to the nation’s course.
He charged them to work in synergy with international agencies such as the INTERPOL, FBI among others.
“It is expected that as ambassadors and high commissioners, you will
network with other countries’ embassies to assist in law enforcement
activities aimed at tracing, freezing, confiscation and repatriation of
stolen assets across jurisdictions,” he said.
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