– The Economic and Financial Crimes Commission (EFCC) is a body known for fighting corruption in Nigeria – The EFCC is however enmeshed in a major scandal that can affect its integrity – Two former chairpersons of the anti-graft body have been accused of round-tripping.
The Chief Executive Officer of Panic Alert Security Systems (PASS), Dr George Uboh has made very serious allegations against two former chairpersons of the EFCC, Mrs Farida Waziri and Mr Ibrahim Lamorde. The former handed over to the latter in 2011. In a letter addressed to President Muhammadu Buhari, yesterday, May 9, Dr Uboh accused the former EFCC bosses of hiding funds of the EFCC in one of the new generation banks. According to Dr Uboh, the account named ”EFCC Clients Trust” was used for round-tripping of refunded salaries and wages, diversion of funds from recovery accounts, insurance claims e.t.c Dr Uboh wrote: ”Access bank already furnished record showing some of the monies EFCC is hiding at Access bank thus vindicating my allegations against EFCC/Lamorde last year that EFCC is yet to remit 1.993 trillion naira to the federal government of Nigeria, some of which is hidden at Access bank. ”The same bank I alleged expunged four-year statement for the EFCC when I appeared before the Senate on August 26, 2015. Dr Uboh informed the president that Waziri and Lamorde are heavily culpable in these frauds. He also stated that an 8-page report of the fictitious account has been sent to the attorney-general of the federation and the minister of justice, Mallam Abubakar Malami (SAN). Lamorde succeeded Waziri as the EFCC boss on 23 November 2011 after the latter had been dismissed by former President Goodluck Joanthan. He was confirmed as chairman of the EFCC by the Senate on February 15, 2012. Waziri on her part succeeded Nuhu Ribadu in May 2008. She was appointed by Late President Umaru Musa Yar’adua.
Read more: https://www.naij.com/825504-fraud-efcc-two-former-anti-graft-bosses-accused-looting-recovered-funds.html