TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

EFCC’s laughable subsidy theft recovery – Punch

The Citizen by The Citizen
November 28 2014
in Public Affairs, Uncategorized
A A
0

It is still quite unclear what point the Economic and Financial Crimes Commission was trying to make when it recently announced the recovery of N5 billion from oil subsidy thieves. The EFCC boss, Ibrahim Lamorde, who made the ridiculous announcement at a workshop for journalists in Enugu, also stated that, besides embarking on further investigations intended to bring others still evading justice to book, 40 cases were already being prosecuted.

However, if the agency had expected its announcement to draw applause, then it missed the point completely. If anything, the efforts of the EFCC, as enunciated by Lamorde, who was represented by the Deputy Director, Public Affairs Department, Osita Nwajah, only succeeded in unwittingly exposing the commission’s incompetence and, perhaps, insincerity, in its anti-graft crusade, that has resulted in a gradual descent into irrelevance of an agency that once struck fear into the hearts of corrupt politicians.

The fuel subsidy scam remains arguably the biggest heist ever pulled off in this country. According to the report of the House of Representatives ad hoc committee that investigated the crime, N2.58 trillion was involved in the bazaar. Out of that amount, about N1.7 trillion could not be properly accounted for.

It is quite regrettable that a country which still lacks basic infrastructure and operates at the lowest rung of the United Nations Human Development Index could lose such a huge amount to an organised criminal cabal without any serious effort by the state to deal with the matter. To worsen matters, government agencies, such as the Office of the Accountant-General of the Federation, the Nigerian National Petroleum Corporation and the Central Bank of Nigeria, saddled with the responsibility of rendering accounts of how the money was spent, ended up presenting conflicting reports.

Yet, more than two years after the mind-boggling looting was uncovered, nobody is in jail; no conviction has been secured. That the EFCC still has the temerity to triumphantly tell Nigerians that a mere N5 billion had been recovered out of the amount stolen only shows what a joke the commission has become. This is indeed an assault on the sensibilities of Nigerians who had waited in vain to see the day justice would be served on culprits in this clear case of reckless looting of the national treasury.

As the popular saying goes, justice delayed is justice denied. From the way the cases have been handled, lack of interest in prosecuting suspects is evident; and it has been so right from the beginning. Even when the chairman of the ad hoc committee, Farouk Lawan, was reportedly caught in his own web, while allegedly collecting a $620,000 bribe to strike out the name of one of the indicted companies, the suspect still trots the Nigerian landscape a free man. How can the EFCC explain that? How many years does it take to prosecute a suspect?

At a point, it was a popular government’s refrain, as its evidence of fighting corruption, to claim that the current administration was the first to bring to trial the sons of some prominent Nigerians for their involvement in illegal subsidy deals, where all that was needed to be paid billions of naira was the presentation of papers, whether fuel was imported or not. Among those involved were a son of Bamanga Tukur, then the chairman of the ruling Peoples Democratic Party; and a son of Ahmadu Ali, also a former chairman of the party. Thereafter, little has been heard of that shambolic trial.

For those who have kept a close watch over the activities of the commission in the past few years, it should not really come as a surprise. With the exception of one or two state governors who got away with light sentences under the tenure of Nuhu Ribadu as the commission’s boss, it is interesting to note that the EFCC has found it difficult to secure convictions in corruption cases at a time when graft has reached an unprecedented height in the country.

Even when some feeble efforts are made to bring a few to trial, the cases are usually struck out by the courts for want of diligent prosecution. From an agency that once gained global recognition for its doggedness, the EFCC has now been reduced to chasing small-time fraudsters and Internet thieves all over the country. At the time Farida Waziri was replaced as the EFCC boss, Human Rights Watch, an international anti-corruption watchdog, summarised the performance of the agency thus: “It (the EFCC) has arraigned 35 nationally prominent political figures on corruption charges, including 19 former state governors. But many of these cases have made little progress in the courts and not a single politician is currently serving prison time for any of these alleged crimes.”

If this was the assessment of Waziri’s tenure, not much has changed since then. Now, corrupt politicians are not even arraigned at all. If the commission wants to win back public admiration, it should go ahead and recover the stolen public funds. It should be talking about convictions, especially of those that stole hundreds of billions, in addition to the ongoing trial of those who made away with N1.2 billion or N1.8 billion, as the commission is currently doing. Until then, nobody is going to take the EFCC seriously.

Previous Post

The political indecency in Ekiti – Guardian

Next Post

NFF has no intention of sacking Keshi, says Pinnick

Related Posts

EFCC recoveries: The good, the bad and the ugly – Punch
Public Affairs

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
Football’s house of failure – Punch
Public Affairs

Football’s house of failure – Punch

September 8 2026
FAAC shares N2.09tr to FG, states, local councils as October revenue
Public Affairs

FAAC bonanza: Nigeria’s fiscal paradox – Punch

September 3 2026
Interstate highways of agony, hollow excuses – Punch
Public Affairs

Interstate highways of agony, hollow excuses – Punch

September 1 2026
Mass presence of governors in off-cycle elections – Punch
Public Affairs

Mass presence of governors in off-cycle elections – Punch

August 27 2026
Clerics must preach peace, not division – Punch
Public Affairs

Clerics must preach peace, not division – Punch

August 25 2026
Next Post

NFF has no intention of sacking Keshi, says Pinnick

Arik Air increases frequency on Enugu, Benin, Calabar, other routes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

Umahi’s son wins Ohaozara chairmanship as APC sweeps all Ebonyi LGAs

by The Editor
August 24 2026
0

...

APPOINTMENTS

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

ODDITIES

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

Umahi files N2.5b defamation lawsuit against bloggers

Umahi files N2.5b defamation lawsuit against bloggers

by The Editor
August 26 2026
0

GLOBAL NEWS

US, Israel, Iran agree to 2-week ceasefire as Trump pulls back on threats

US Appeal Court affirms block on Trump bid to curb mail-in ballots

by The Editor
September 11 2026
0

...

Trump promises Americans $5,000 if Republicans win Congress

Trump promises Americans $5,000 if Republicans win Congress

by The Editor
September 11 2026
0

...

UK bans trade in goods from Israeli settlements in occupied West Bank

UK bans trade in goods from Israeli settlements in occupied West Bank

by The Editor
September 8 2026
0

...

Iran President thanks Putin for Russia’s stance in war with US

Iran President thanks Putin for Russia’s stance in war with US

by The Editor
September 1 2026
0

...

Saudi Arabia halts multiple visas for Nigeria, 13 others as U.S. suspends visa dropbox

US outlines two family visa options for permanent residence

by The Editor
September 1 2026
0

...

State of the States

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Enugu govt gets commendation for successful hosting of 2nd City Marathon

Enugu govt gets commendation for successful hosting of 2nd City Marathon

by The Editor
September 1 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

September 11 2026
NCDC takes over Nasarawa office, plans N400m remodeling

NCDC takes over Nasarawa office, plans N400m remodeling

September 11 2026
Ondo LG shuts schools over security concerns

24 die after consuming herbal drinks in Ondo

September 11 2026
Gunmen kill Polaris Bank manager in Imo kidnapping attack

Gunmen kill Polaris Bank manager in Imo kidnapping attack

September 11 2026

EDITORIAL REVIEW

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Mass presence of governors in off-cycle elections – Punch

Mass presence of governors in off-cycle elections – Punch

by The Editor
August 27 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.