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Sarah Jibril Backs EFCC List
The lone female presidential aspirant ion the platform of Peoples Democratic Party (PDP), Mrs Sarah Jibril says she is full support of the advisory list of the Economic and Financial Crime Commission (EFCC) to checkmate people with criminal records from going into governance.
Jibril, who gave his backing to EFCC advisory list during an interview with newsmen in Abuja, said time has come for only people with clean records to be allowed into governance so that they will add values into the system.
“The female presidential aspirant however, expressed displeasure over what he called wrong definition of democracy and leadership; arguing that there is a lot of hypocrisy; a lot of double standard; a lot of controversies by the key political players.
“There is a battle of liberation versus stagnation; deliberate intention to keep Nigeria away from development.
“Successive governments are planning to intimidate me and destroy my inputs. It is a deliberate thing so that I will not have the resources to compete with them.
According to Jibril, leadership is not by money and putting big price tags on collection of forms that means they have zoned the presidency to the rich.
“Every time they come up with big money for forms; that means they have zoned the presidency of this country to only the rich that have money. “Leadership is not by money; it is by the consistency of the integrity and character of the person; rather than see me as an asset, I am seen as a threat.
“Why are good women of this country not seen as assets; they are not supported? It is a shame for men to be competing for positions with women in a frontline country in the democratisation of Africa.
She, however, said she was on a rescue mission and paying N1 million for it was not too much if the women really wanted to salvage the nation.
“We are all stakeholders; this time around, I am on a rescue mission by the right hand of God and I know that God will not put me and all his children to shame.
“However, asking to pay ten percent is not too much; I have paid my N1 million expression of interest fee. I have filled the form the nomination form and I have returned it.
“Let the women be told that if they are ready to nurture Nigeria back to sanity, it carries value. 1 million is much; but it surmountable for the sake of this nation,” she added.
Sarah Jibril had on August 26 declared her intention to run for president on the platform of the PDP. That will make it the fifth time the Kwara State born politician would be aspiring for the presidential ticket.
Meanwhile, The Economic and Financial Crimes Commission (EFCC) has urged the judiciary to speed up the trial of corruption cases in the country.
The Chairman of the commission, Mrs Farida Waziri, made the appeal in Abuja when she received the President of the Nigeria Bar Association (NBA), Mr Joseph Dauda (SAN).
“It is my view that we should all come to a point where the judiciary should declare speedy trial of all corruption cases if the accused persons are not ready to prove their innocence.
“This is where I believe your intervention will forever be appreciated by posterity,” Waziri said.
According to her, it is the accused persons that approach the court to seek speedy trial on the ground of proving their innocence to the law court.
She said that she had instituted more than 55 cases within the last two years in office as the chairman, adding that most of the cases were stalled at the plea stage due to the numerous antics of the accused persons.
“I have approached your predecessors in the past to join hands with us so that we can collectively salvage our nation from the grip and weight of corruption.
“I am seizing this opportunity to renew the same call and I am sure you will do your best,’’ Waziri pleaded.
The anti graft chief said there was no other means to fight the course of justice other than the law court and insisted that was why she had remained committed to the rule of law since she assumed office.
She, however, urged the general public to snub an allegation that she was interfering in the judicial process.
On his part, Dauda congratulated her for putting more effort on the fight to free the country from corruption.
He said there was no way an anti-graft executive would not face challenges on that seat, and encouraged Waziri to be firm and resolute as well as continue with the good work of relieving the nation.
“You need to be praying that God should strength you the more and touch the heart of government to provide you with what you need to do this work.
“The battle of corruption is a continuous battle, we condemn it in NBA.
“I don’t want EFCC to be distracted in the performance of their duty and constitutional law. There are already separations of power in the constitution,’’ Dauda said.
He stated that some of the judges were not equipped with relevant materials to help them pronounce judgments on some of the cases.
“Some of the judges also lack the mentality and intellectual capacity to deal with corruption cases which amounts to the delay of judgments.
“Until we get the court structure right, we will continue to have blame from one angle or the other. Investigation and prosecution of persons is where the problem is,’’ Dauda said.
He pledged the readiness of NBA to partner with the commission and called on it to invest more on investigation
The NBA president was accompanied on the visit by other top officials of the association.
The Economic and Financial Crimes Commission (EFCC) has indicted a new generation bank, six Fintechs and some microfinance banks in major financial scams by allowing fraudsters to launder huge sums of money.
Director of public Affairs of the Commission, Mr Wilson Uwujaren, made this known at a press briefing at the commission’s headquarters in Abuja, yesterday.
According to him, the compromised institutions allegedly allowed cryptocurrency transactions worth N162 billion to pass through without proper due diligence within the 2024/2025 financial year.
He said that the financial institutions clearly compromised banking procedures and allowed the fraudsters to safely change their ill-gotten gains into digital assets and move them to safe destinations.
“A total sum of N18.1 billion was moved through the financial system without due diligence of customers by the banks.
“It is worrisome that investigations by the commission showed that cryptocurrency transactions to the tune of N162 billion passed through a new generation bank without any due diligence.
“Investigations showed that a single customer maintained 960 accounts in another new bank and all the accounts were used for fraudulent purposes.
“That is bad news but the good news is that following our intervention the commission has been able to recover N33.62 million, which has been returned to some of the victims.”
He explained that the scams were in two categories, adding that the first was a syndicate of fraudsters that employed an airline discount scheme to lure their victims.
He said that they advertised a discount system for the purchase of flight tickets of a particular foreign carrier.
“The payment module is designed in such a way that the victims’ payment is actually made into the account of the airline.
“After payment is made the passenger’s entire funds in his bank account are emptied.
“Investigations showed that more than 700 victims have been scammed so far, with a loss of N651 million,” he said.
According to him, investigations show that the scheme is being masterminded by a foreign national; the commission has so far recovered and released N33 million to victims of the fraud.
He said that another scheme involved a company named Fred and Farid Investment Limited, simply called FF investment, which lured Nigerians into a bogus investment arrangement.
“More than 200, 000 victims have been defrauded in this regard. A total sum of N18 billion was raked in through nine companies offering diverse investment packages.
“The companies are: Credio Banco Limited; Deliberty Rock Limited; Liam Chumeks Global Service; Ngwuoke Daniels Technology; and Icons Autos and Import Merchant.
“Others are : Newpace Technology Services Limited, Primepath Ways Ventures Limited, Kaka Synergy Network Limited and Sunlight Tech Hub Services Limited.”
He said that foreign nationals were behind the schemes, while there are three Nigerian accomplices who have been arrested and charged to court.
He said that the masterminds were on the run and efforts are being made to bring them to book.
“The Commission is calling on regulatory bodies to bring financial institutions to compulsory compliance with regulations in the areas of Know Your Customers (KYC), Customer Due Diligence (CDD), Suspicious Transaction Reports (STRs) and others.
“Deposit Money Banks, Fintechs, Micro Finance Banks found to be aiding and abetting fraudsters should be suspended and referred to the EFCC for thorough investigation and possible prosecution.
“Negligence and failure to monitor suspicious and structured transactions by banks should no longer be allowed,” he said.
While cautioning members of the public to be wary of these actors, he said that the EFCC would continue its works against money laundering by fraudulent actors.
Uwujaren urged financial institutions to firm up their operational dynamics and save the nation leakages and compromises bleeding the economy.
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