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.
