REVELATIONS ON FBI LIST: How scammers hack into financial transactions – EFCC vanguardngr.com vanguardnews
Speaks on $43m Ikoyi money; Okorocha, Yari, Oyo-Ita investigations, Babachir Lawal; alleged shutting down of state governmentsMr Kabiru Latona is Assistant Director, Legal Services Department of the Economic and Financial Crimes Commission, EFCC. In this interview, Latona speaks on the list of suspected Nigerian fraudsters compiled by the United States Federal Bureau of Investigation , among other issues bordering on economic and financial crimes.
Let’s put the question in proper perspective. Those who are subjects of prosecution, have allegations of crime been made against them? Has evidence been gathered against them and are they being prosecuted before the law courts? The issue of selectivity is immaterial because the word may be capable of several interpretations.
Some people would tell you that there are actually wars against such personalities in APC and that’s why you went after them. But the question is, is it true that the only cases the EFCC goes after are those on which you received petitions from outside or do you originate your own cases? There was no time the EFCC instituted a case against the head of any agency. What was carried out at that point in time was investigation. We have not yet initiated a case against the head of any agency.I told you the mechanism we used. Investigation is still going on. The money forfeited is under Non-Conviction Forfeiture; you go after the loot while we are still investigating to determine where the loot came from, because the focus of the EFCC is the proceeds of crime.
But some people are of the opinion that there has been a breakdown of that connection with the EFCC, that intelligence sharing has slowed down. Like I said at the beginning, there is no perfect timing for prosecuting criminal cases. Generally, criminal prosecution has no time expiry. If you commit a crime now, except in the case of some criminal offences, it could be after five years before you are prosecuted. Again, there are limited resources, so you strategise on how to go about your prosecution. Several factors come into play, it is not just a question of you pick someone today and you decide to go to court tomorrow.
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