…EFCC uncovered religious sect laundering money for terrorists – Olukayode
President Bola Tinubu has called on the Economic and Financial Crimes Commission, EFCC, to keep its flames burning against the scourge of internet crimes and other acts of corruption.
He gave the charge in Abuja on Wednesday, January 31, 2024, at a one-day public engagement on youth, religion and the fight against corruption and the launch of the Fraud Risk Assessment Project for Ministries, Departments and Agencies, MDAs organized by the EFCC.
The President pointed out that the disturbing contagion of cybercrimes has been a challenge and slur on the image of the nation and the EFCC should spare no effort in tackling it more frontally.
“Our country is not a nation of fraudsters and the pejorative reference to internet crimes as the “Nigerian scam” across the world is unfair, untenable and unacceptable.
Cybercrimes are a global phenomenon. Today’s world is run real time on the internet. Governance, businesses, institutions and even individual domestic affairs depend on the Internet. Cybercriminals are, therefore, a threat to the rest of the world.
This is why no effort or expense should be spared in confronting the evil. I want to assure the EFCC that the government will continue to offer its support in its quest to kill the dragon that internet offences have become”, he said.
Tinubu, who spoke through Vice President Kashim Shettima, expressed the government’s determination to give corruption hard tackles, stressing that “we cannot be focused on growth and development and at the same time offer any breathing space to corrupt practices. No nation grows without breaking the fangs of corruption. The EFCC has been duly instructed to do its job at all times without any extraneous considerations. The Renewed Hope agenda of our government is impervious to corruption. We should all join hands to move Nigeria in a new direction of purpose.”
Tinubu spurred the EFCC not to be dismayed by throwbacks coming from some sections of the society regarding its consistent fight against internet crimes and other corrupt practices, pointing out that the government is “aware of all the foul cries and unwarranted accusations against the lawful efforts of the Commission to bring fraudsters to book. We cannot fold our hands and watch our youths descend into morbid criminalities”.
EFCC’s Chairman, Ola Olukoyede, in his Opening Remark, took a retrospective look at the efforts and profile of the Commission over the years in tackling the monster of corruption and noted that, though the EFCC had covered much ground in the areas of convictions and recoveries, the un-abating trend of corrupt practices across the country called for serious concerns. To address the situation, he called for greater emphasis on the prevention of crimes through well-thought-out and coordinated efforts of the Commission.
“Indeed, proactive implementation of effective and coordinated policies against corruption remains the best guarantee for public security, economic development, and the effective functioning of public and private institutions. The recalibration of the Commission’s prevention strategy seeks to promote proactive deterrence and greater inclusivity in terms of the participation of all stakeholders. Our motivation is to see how corruption, whether in ministries and agencies of government, in the ivory towers, or the private sector, could be prevented before it occurs”, he said.
The EFCC boss also stated that the Commission is prioritizing two areas of concern which are the involvement of youth in cybercrimes and the susceptibility of our ministries, departments, and agencies to grand corruption.
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede revealed that the anti-graft agency uncovered how a religious sect in Nigeria is laundering money for terrorists.
This was as he also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced to the organisation’s bank account.