Monday, 11 February 2008

$400 Billion dollers stolen and we are still counting!

With over $400 billion dollers in the pocket of private individuals, it is high time the United Nations classify Nigerian and African Looters as Terrorist and a great danger to World Peace
Nigerian leaders have embezzled $400bn - EFCC
Nigerian Tribune, February 11, 2008.
By Qudirat Hakeem-Apapa
Nigerian leaders have embezzled about $400 billion between 1960 and now and most of them are still not being challenged. This was disclosed by the acting chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Lamorde, at the capacity development training on investigative reporting organised by the Wole Soyinka Award for Investigative Reporting (WSAIR), in collaboration with the British High Commission and the Canadian International Development Agency (CIDA.
Lamorde, represented by his Chief of Staff, Mr. Dapo Olorunyomi, said most of the leaders could be easily exposed by the media if given free hands to operate.
According to the EFCC chairman, the commission was able to achieve all the successes credited to it with the supportof the media through since inception.
Lamorde said the EFCC was appreciative that the people commended the it for doing so much, but to a large extent, it was because the media had been supportive in projecting its work.
He said there was the need for a better media understanding on corruption, “because for a very long time, people saw corruption mostly as something social, but it is very technical in nature,.
“This is why the commission, in partnership with the Wole Soyinka Investigative Centre, is proposing to hold a two-week certificate course for journalists with investigative background who want to do corruption studies.