• Senate Walks Out EFCC Officials
The Senate Committee on Ethics, Privileges and Public Petitions yesterday opened hearing on an allegation of N1 trillion scam levelled against the Chairman, Mr. Ibrahim Lamorde, by Mr. George Uboh.
The Senate Committee on Ethics, Privileges and Public Petitions yesterday opened hearing on an allegation of N1 trillion scam levelled against the Chairman, Mr. Ibrahim Lamorde, by Mr. George Uboh, who, under an oath, went on to disclose that the anti graft body, must have defrauded the country to the tune of N2.051 trillion from seized properties and funds of individuals under investigation by the Commission.
This is even as the EFCC officials led by the Head of Legal Services, Mr. Chile Okoroma, was walked out of the hearing room by the Chairman of the Committee, Senator Samuel Anyanwu. During his submission, Uboh also alleged that Lamorde gave out some of the choice properties seized from a former Governor of Bayelsa State, DSP Alamieyesigha, and others to his (Lamorde) younger brother, Mr. Usman Lamorde.
Uboh further made series of submissions, indicating that the anti graft body must have defrauded the country to the tune of N2.051 trillion from seized properties and funds of individuals under investigation by the Commission. “In a December 2, 2011, EFCC letter sent to the Chairman, House Committee on Drugs, Narcotics and Financial Crimes, EFCC stated that the aggregate recoveries from 2004 to 2011 (8 financial years) was N1,326,754,554,482:80.
EFCC did not mention where the N1.3 trillion recovered was remitted to. EFCC’s claim that it did not recover up to a trillion is complete false,” Uboh said. His breakdown include: 2004 – N7,070,693,130:00; 2005 – N965,651,737,039:00; 2006 -N6,622,261,783:79; 2007 -N7,700,150,381:20; 2008 -N18,141,628,546:98; 2009 -N130,885,187,726:83; 2010 -N52,877,464,867:00; and 2011 -N137,805,431,008:08.
“In EFCC’s “Summary of EFCC Monetary Recoveries 2003 – MARCH 2013” (11 financial years), EFCC stated that the aggregate recoveries for 11 financial years is N497,385,427,485:63; EFCC did not mention where the N497.3billion recovered was remitted to, going by the following breakdown: 2003 -N974,783,213:06; 2004 -N21,018,557,263:28; 2005 -N71,053,996,008:60; 2006 -N8,199,908,189:03; 2007 -N41,479,032,319:70; 2008 -N44,542,822,622:30; 2009 -N255,306,693,033:55; 2010 -N10,559,513,355:91; 2011 -N11,117,460,717:88; 2012 -N27,844,769,688:19; and 2013 -N5,287,891,074:13,” he added.
Uboh, who stated that the documents submitted were prepared under the chairmanship of Lamorde, went further to disclose that total recoveries to be remitted as confirmed by EFCC are: 1.995 trillion plus 48.9 billion plus 7.3 billion plus 4 billion = N 2.051 trillion.
He, therefore, asked: “After recovering over N2 trillion, how did the funds melt away?” He went further to allege that in defrauding the nation of seized funds from corrupt Nigerians under investigation, EFCC, under Lamorde, also indulges in doctoring of bank accounts and diversion of already seized loots. “Two access bank recovery account statements tendered herein show Opening balances of -0- as of 1, July 2004, but no transaction occurred until June/July 2008 respectively.
These transactions are expunged. Where are the funds deposited between July 2004 and June/July, 2008? “EFCC diverted and concealed N779 million of recoveries from Tafa Balogun in its record (aggregate should be N3,037,255,521.60 – not N2,258,100,516.98); instead of transferring N3.3 billion from Spring bank to its Access Bank recovery account, EFCC transferred only N2.2 billion and concealed it by understating the summation of the balances in the various accounts hence the access bank statement had N2.2 billion, after the concealment,” Uboh said.
In his conclusion, Uboh urged the Committee to urge the Federal Government to compel EFCC to remit N2.051 trillion to the Federal Government of Nigeria. “Access Bank should be compelled to bring complete and unadulterated statements from 2004 till date. Aminu Ibrahim and Co. Auditors, should be compelled to come and shed more light on discrepancies in its records and that of the already traced EFCC accounts,” he added.
-Teddy Nwanunobi, Abuja