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The Economic and Financial Crimes Commission’s relentless pursuit, arrest and detention of former Attorney-General and Minister of Justice, Abubakar Malami (SAN), has all the hallmarks of a state-sponsored vendetta masquerading as an anti-corruption crusade. For over two years now, the EFCC under Ola Olukoyede has subjected Abubakar Malami to what can only be described as a fishing expedition…
The Federal and State governments of Nigeria have been engulfed by a twin-hybrid issue of value added tax (VAT) and open grazing and there appears to be no end in sight as both issues have snowballed into legal and legislative battles. Recall, that on August 9, 2021, a Federal High Court sitting in Port Harcourt in…
The Federal Republic of Nigeria has often been described as a federation only by name, as the components that make up the country operate more like feeder-states instead of federating units. The national system is designed in such a manner that huge responsibilities are concentrated in the center (mostly through the large powers vested in…
Internet fraud has been in existence in Nigeria for almost three decades now, and there is no sign of any decline in spite of efforts to stem the tide. In the last few months, hardly does a week pass without the Economic and Financial Crimes Commission (EFCC) parading young men for cyber fraud or some…
Recently, the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdurasheed Bawa, made a declaration that the Bank Employees Assets Declaration Act of 1986 would be resuscitated to block loopholes created by some bankers as the country looks forward to sanitise the financial system. Bawa made this disclosure shortly after a closed door meeting…
Pervasive corruption has dominated Nigeria’s political landscape for years. Just this week, the UK Government pledged to promptly return over 4.2 million pounds (N2.2b) seized from James Ibori, former Delta State Governor. The fight against corruption is one of the resolves of the Buhari-led administration under a leader who understands the importance of a corrupt-free…
