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EFCC calls on scribes to cover breakthroughs

13 November 2014, 09:03

Lagos - The Economic and Financial Crimes Commission (EFCC) has dissuaded local media from selective reporting on activities of the commission.

The agency's Executive Chairman, Ibrahim Lamorde, urged the scribes to improve the current narrative on the commission by paying attention to all cases being investigated or prosecuted by the EFCC.

Lamorde, who spoke at the opening of a one day workshop on Effective Reporting of Financial Crimes for journalists drawn from the five south eastern states in Enugu described as "erroneous", the perception by a section of the media that the commission was maintaining a "low profile."

More than 50 journalists from the five states of the South East zone attended the workshop.

Lamorde implored the media not to be selective in their choice of cases to report.

Also Read: Lagos suspect nabbed for $1million fraud

“The current situation where media interest in corruption cases fizzles after arraignment is unhealthy. You must be prepared to track the trial of corruption cases as that will not only help in putting such matters in public consciousness, it will also be a disincentive for compromise by errant judicial officers," he said.

He said the commission was investigating a case of fraud in an old generation bank in Port Harcourt, where a customer, working with his wife who is a banker with a new generation bank, defrauded the bank of N855 million.

The suspect, one  Uchenna Ogbonnaya Dike, is reported to have cashed in on system glitches to perpetrate the scam over a period of five months, by transferring funds from the bank into accounts in the new generation bank.

Other accomplices in the scam are currently on the run.

"But the Commission will get them as we are determined to check all incidences of fraud in the banking sector,” Lamorde said.

The EFCC executive, who was represented by Osita Nwajah, Deputy Director, Public Affairs, further disclosed that the commission had recovered over N5 billion in the oil subsidy fraud case and property worth N1 billion in the pension fraud matter.

- CAJ News

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