The head of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said that their team is changing their plans to stop money crimes in Nigeria.
Olukoyede shared this news on Monday during a special workshop held in Abuja, Nigeria. This workshop was organized by INTERPOL and the Japan International Cooperation Agency (JICA).
INTERPOL revealed that a lot of illegal money is moving out of Nigeria to other countries.
Dollars Leaving Nigeria — INTERPOL
At the workshop, Garba Umar, the INTERPOL Vice President for Africa, said that when criminals get away with moving money, it hurts Nigeria’s banks and economy.
“Every hour, lots of dollars are moved out of Nigeria illegally. This dirty money helps criminals enjoy their crimes while honest Nigerians suffer,” he said, as reported by
Channels Television.
“With more dirty money, there will be more crime, drugs, fraud, and corruption,” he added.
Umar asked everyone to look again at the problems of fighting these big crimes and think about new plans to solve them.
He also asked law enforcement to stay strong together and protect Nigeria and the world.
“We can only make progress by working together, solving problems, and taking action together,” he said.
EFCC is Changing Plans
Olukoyede, represented by Francis Usani, EFCC’s Director of Fraud Risk Assessment and Control, said that the fight against corruption is not easy and needs many agencies to work together.
He told the attendees that the EFCC has made good progress in finding and recovering stolen money. Now, they are making new plans to stop corruption before it happens.
“We have done well with finding and recovering money, but we want to do more. EFCC is now focusing on stopping corruption because it’s easier and cheaper to prevent it than to catch and punish it later,” he said.
Key Points:
- EFCC is a top agency in Nigeria fighting against corruption.
- They hosted this event to show they are working with international law enforcement agencies.
- The workshop, led by INTERPOL’s Financial Crime and Anti-Corruption Centre (IFACC) and JICA, aims to improve how Nigeria fights money crimes.
- Many international and local law enforcement groups like the Nigeria Police Force, EFCC, and the Nigeria Financial Intelligence Unit (NFIU) joined the workshop.