Why the EFCC is Stage-Managing Cash Seizures

Where is the Government of Nigeria (GON) or the Economic and Financial Crimes Commission (EFCC) winning their war against corruption? Nowhere. No vigorous prosecutions, no convictions, no legislative reforms, no judicial reforms, no constitutional reforms, nothing. All the citizens of Nigeria see are publicity stunts and government-engineered scandals. Is there anything else substantial to show anywhere? The incentive now is, after all its tough talk, the GON must save face as Nigeria, and the rest of the world watches her anti-corruption activities. Recent developments are now verifying the stage-managing of the cash seizures; the money is going back to where it came from directly – the Central Bank of Nigeria. (see http://wp.me/p1bOKH-KW)
There are many rational reasons for the GON (its agencies) and EFCC to stage-manage mysterious theatrical large “cash discoveries and seizure” to make them look like they are doing a good job and these are evident to everyday Nigerians. Continue reading

Is the Government of Nigeria Stage-Managing Cash Seizures?

The current sensation in Nigeria is the mysterious discoveries and seizures of large sums of money (mostly foreign currency) found at lying fallow at premium addresses. The cash discoveries are claimed to be the work of selfless “whistleblowers” at the encouragement of the Economic and Financial Crimes Commission (EFCC). And it is expected to show the world that the Government of Nigeria (GON) is winning on its anti-corruption campaign promises. Some highly experienced experts in the anti-corruption and crime industry find the discoveries very unlikely and too good to be true. The fantastic cash discoveries made by the EFCC credibly appear to be merely clever stage-managed acts of publicity.

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