The Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu has opened up on the failure of the anti-graft agency to combat corruption to standstill in Nigeria.
In a media interaction yesterday, Magu noted that the war against corruption is almost lost and failed to some extent.
“The way we are going we have already failed. I am telling you we have almost failed. It is almost lost. The battle against corruption is not only evil, it is a poison.”
However, he disclosed that the commission recovered about N409 billion between January and August, and that it secured 137 convictions nationwide within this period.
“Between January and August 30, 2017, the EFCC recovered N409,270,706,686.75; $69,501,156.67; 231,118.69 Pounds; 610,816.20 Euros; Dirham 443,400.00 and 70,500.00 Saudi Riyal,” he said.
“Over a month ago, the commission recovered over N329billion from a group of oil marketers for the Nigerian National Petroleum Corporation.”
Magu also expressed the resolve of the anti-graft agency to remain unrelenting in the fight against corruption.
“In the area of prosecution of cases in court, we are also making progress despite the antics of some persons accused of grand corruption to delay trial,” he said.