CACOL Slams FG For Underfunding EFCC, Asks The Agency To Probe Bamaiyi Over $8.395m Fraud

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The Agency, on Monday, admitted that lack of adequate funding by the President Goodluck Jonathan Administration is affecting its fight against corruption in the country.
The Secretary of EFCC, Mr. Emmanuel Adegboyega, raised the alarm in Abuja while briefing the Senate Committee on Drugs, Narcotics, Financial Crimes and Anti-Corruption, at a public hearing on the bill for an Act to establish the Nigerian Financial Intelligence Agency.
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Speaking on behalf of the Coalition, its Executive Chairman, Debo Adeniran averred that starving the anti-graft agencies of fund is a clear indication that the FG is encouraging corruption in all ramifications.
He said, “History will never be fair to this government as it is obvious that President Goodluck Jonathan is deliberately starving the EFCC so that the institution would be toothless bull dog. Is it not absurd that the EFCC is underfunded in a country where its National Assembly spends over N150bn yearly as overhead costs; where a minister bought just two cars for N225million, where the Presidency budgeted N1bn for food? Massive looting is going on every minute in this country unchecked. Nigerians are no longer surprised that the EFCC cannot prosecute any of the big thieves and looters in government because the government has incapacitated it. Jonathan government is only paying lip service to fighting the scourge of corruption in this country.”

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