2019 polls: Why EFCC moved against vote-buying, moneybags – Magu vanguardngr.com vanguardnews
The Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has said that the anti-graft agency intervened in this year’s general elections in Nigeria, in order to checkmate moneybags from influencing the emergence of corrupt leaders from the election.Magu spoke on Wednesday in Kampala, Uganda, during the ongoing 9th Commonwealth Regional Conference for Heads of Anti-Corruption Agencies in Africa.
Magu boasted: “For the first time in the history of electioneering in Nigeria, operatives of the Commission were deployed to monitor polling stations and collation centres to discourage vote buying.“The efforts culminated in some cash seizure and arrests. Some of those arrested have been prosecuted and convicted. The presence of EFCC operatives, according to some of the election monitors, was a major deterrence to dubious politicians and their associates.
Intelligence, he added, was also stepped up to track cash movements within and outside the banking sector.He said: “Strategic deterrence meetings were held with compliance officers and chief executives of deposit money banks and Bureaux De Change to prevail on them not to allow their institutions to be used as platforms for money laundering by politicians.
“In the last one year, the Commission almost doubled its conviction return with a record 315 convictions in 2018 and over N236.16 billion worth of assets recovered. Assets forfeited in the year include 350 properties, 141 automobiles, 100 real estate, three vessels, 37 plots of land, two hotels, one barge, gas petrol stations and 44 bank accounts.”
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