EFCC’ll Be Reviewing Its Policy-Olukoyede

Ekohotblog:EFCC Will Be Reviewing Its Policy To Stop Leakages-Olukoyede

The Economic and Financial Crimes Commission is not only going to investigate and recover stolen money but to review its policy.

The Chairman of the anti graft agency, Ola Olukoyede, said this in a statement signed by the commission’s head of media and publicity, Dele Oyewale.

He said, “If we can review the policy, block some of the leakages and have 50 per cent of the capital projects execution in Nigeria, the country will be fine.

When I look at some case files and see the humongous amount of money stolen, I wonder how we are still surviving. If you see some case files, you will weep.”

Olukoyede noted during a meeting with the management team of the Revenue Mobilisation Allocation and Fiscal Commission.

He said, “When I look at some case files and see the humongous amount of money stolen, I wonder how we are still surviving. If you see some case files, you will weep. The way they move unspent budget allocation to private accounts in commercial banks before midnight at the end of a budget circle, you will wonder what kind of spirit drives us as Nigerians,”

“A situation where somebody would hold a public office or position of trust for years and you call him to account and he says No, he would not account, is not acceptable.”

“He insisted that the preventive framework of tackling corruption offers more prospects of results and impact. To this end, the EFCC now has a Department of Fraud Risk and Assessment and Control

“Let’s look at our system of revenue generation. It is a system that allows leakages in mobilisation and appropriation of funds. If we don’t look at the system, we will continue to chase shadows. In this direction, we are not just going to investigate and recover; what we have decided to do in the EFCC is Policy Review. If we can block some of these leakages and have 50 per cent of capital project execution in Nigeria, the country would be fine,”