Iyabo...
In May, 2007 I suggested that EFCC would come full circle to bite Obasanjo's behind. It seemed far fetched at that time. In just a few months we have this scenario playing before our very eyes. .The Economic and Financial Crimes Commission (EFCC) has established contact with M. Schneider GMBH and Co, the Austrian firm at the centre of the N3.5 billion
contract row with Senator Iyabo Obasanjo-Bello, daughter of immediate past
President Olusegun Obasanjo.EFCC is asking M. Schneider GMBH to furnish it with
information which would assist it in uncovering more details about the scam.
Nigeria's approach to fighting corruption needs a make over. I believe it is no longer sufficient to catch looters and then make them pay up. The EFCC or the relevant body ought to start looking into putting checks in place. That is, reduce access to these funds, or a form of quality control. The type of program Ngozi Iweala was trying to put in place before she got kicked out. It is not enough to see these thieves behind bars. It is time to create a system that reduce the tendency to steal in the first place. EFCC has done a fairly good job, it may be time to consider a revision of their mandate.
3Comment(s):
Will you stop that! Wix kind prediction be this one?
I can't wait to add this post-fix to the name: "Ole"!
The deterrent will come when those with the inclination see the grave dangers of looting. The most logical place for the "check and balance" to emerge is through the legislature and judiciary, in a process-like manner, not by fiat. And it appears it has started...Ibori is in the net, Ayo Fasoye is the net and others, tribunals are overturning elections, federal reps are staying back to debate and finish work on the budget, long-forgotten shady deals are being disclosed and revealed, etc. Generally, it appears the Nigerian terrain is getting no more conducive for corruption as we have known it to be...still a long way from sanity though, but encouraging.