Business
EFCC Assures On Recovery Of Looted Subsidy Funds
EFCC chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, says the commission will make effort to recover some of the looted oil subsidy fund from the United Kingdom.
Lamorde said this in Abuja recently when, the British High Commissioner to Nigeria Dr Andrew Pocock paid him a courtesy visit in his office.
“We will repatriate some of this subsidy fund; we have been able to recover some of the funds through the UK authority.
“It is in the interest of the commission to see that corruption is wiped out in Nigeria.
“The UK has been helpful in the area of capacity building in the fight against corruption, we want this support to continue,’’ the EFCC chairman said.
Lamorde further said that the commission was making arrangement to send six members of its staff for forensic training in the UK.
Earlier, Pocock said he was at the EFCC office to identify with it and also seek a wider relationship on ways to tackle corruption.
According to him, corruption has retarded the development of many infrastructures in Nigeria and also impacted negatively on the lives of the people.
“In the 1980s, a period of oil boom, issues of infrastructure were very important but because of corruption, cost of infrastructure became three to four times higher, making Nigerians not to have access to them.
“This same corruption has affected electricity which is supposed to move the economy forward,’’ he said.
He called on EFCC to further strengthen its fight against corruption to promote close working relationship with other countries.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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