Armsgate:- We Will Recover All Stolen Public Funds – EFCC Boss, Magu

Armsgate:- We Will Recover All Stolen Public Funds – EFCC Boss, Magu

Armsgate:- We Will Recover All Stolen Public Funds – EFCC Boss, Magu - NEWS

The EFCC seems defiant with its stand against corruption in Nigeria as the acting Chairman has boasted about getting to the bottom of the arms deal scam saga.

Acting Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has said that the Commission will leave no stone unturned in the effort to recover public funds that have been stolen in the guise of arms procurement in Nigeria.

Magu, who stated that the Commission was on top of the ongoing investigation, added that all the culprits in the arms procurement scandal would be brought to justice.

Speaking at the commemoration of the International Anti-corruption Day which has as theme, ‘‘Break the Corruption Chain’’ on Wednesday, December 9 at the Shehu Musa Yar’Adua Centre, Abuja, he said: ‘‘Corruption is like a chain whose effect impacts various aspects of the society, undermines democracy and the rule of law, distorts markets, erodes quality of life, leads to human rights violations and fans the embers of terrorism and other threats to human security.’’

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Magu, who said the Commission had resolved to break the corruption chain in a fair, accountable and transparent manner, also stated that the Commission had so far investigated a total of 1,881 cases within 2015 alone.

According to him, “Out of this figure, 280 cases were filed in courts and 78 convictions were secured. In this period also, eight interim and two final forfeiture orders were handed down by various courts on applications brought by the Commission”.

Source NL

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