The Senate Committee on Ethics, Privileges and Public Petitions will on Wednesday begin a probe of the Chairman of the Economic and Financial Crimes Commission, Ibrahim Lamorde, over an allegation that he fraudulently diverted over N1tn proceeds of corruption recovered by the anti-graft agency.
Part of the money alleged by a petitioner to have been diverted by the EFCC boss included the loot recovered from a former Governor of Bayelsa State, Diepreye Alamieyeseigha; and ex-Inspector-General of Police, Tafa Balogun.
The petitioner, Mr. George Uboh, whose complaint to the Senate prompted the probe, has been invited to appear before the Senate committee at Meeting Room 120 of the New Senate Building, National Assembly Complex, Abuja, by 10am on Wednesday.
Similar invitation, it was learnt, had been extended to Lamorde to appear before the Senate committee the same time on Wednesday.
The fraud allegedly perpetrated by Larmode was said to have dated back to his days as the Director of Operations of the EFCC between 2003 and 2007, as well as an acting Chairman of the commission between June 2007 and May 2008, when the then chairman of the anti-graft agency, Mr. Nuhu Ribadu, was away for a course at the National Institute for Policy and Strategic Studies, Kuru, Jos.
Uboh, Chief Executive Officer of Panic Alert Security Systems, a security firm, in his petition dated July 31, 2015, accused Lamorde of some specific instances of under-remittance and non-disclosure of proceeds of corruption recovered from criminal suspects, including Balogun and Alamieyeseigha.
He assured the Senate that he would produce “overwhelming evidence” to back his claims against Lamorde.
Uboh also alleged that the EFCC had not accounted for “offshore recoveries” and that “over half of the assets seized from suspects are not reflected in EFCC exhibit records”.
The petitioner equally accused Lamorde of conspiring with some EFCC officers and external auditors “to operate and conceal a recovery account in the Central Bank of Nigeria and excluded the balances from your audited financial statements between 2005 and 2011”.
“Lamorde continues to conceal the details of the unsold properties forfeited by both Tafa Balogun and DSP Alamieyeseigha despite receiving rent revenues from some estate agents on the said properties,” he further alleged.
Alamieyeseigha, the man who former President Goodluck Jonathan succeeded as Bayelsa State governor in 2005, had forfeited property and funds in various bank accounts as part of terms of plea bargain in his trial by the EFCC.
He had pleaded guilty to six counts of corruption charges before a Federal High Court in Lagos on July 26, 2007 and served concurrent two years imprisonment on each count, though he was later pardoned by Jonathan in 2013.
Balogun had also forfeited landed assets and funds and was sentenced to six months imprisonment by a Federal High Court in Abuja after he pleaded guilty to various counts of corruption charges.
Uboh, asked that Lamorde be prosecuted and proposed 10 counts of fraud in his petition, which was addressed to the Senate President Bukola Saraki, through the Delta State Senator in the National Assembly, Peter Nwaoboshi.
In the petition bearing Nwaobohi’s acknowledgment, Uboh alleged that Lamorde in March 2013 diverted the sum of N779m out of the total N3bn forfeited by Balogun to the Federal Government and that the EFCC boss conspired with some officials of the anti-graft agency to under-remit the ex-IG’s forfeited funds of about N5.85bn into the Consolidated Revenue Account by holding back about N2.65bn.
Uboh also alleged that Lamorde conspired with some EFCC officials to remit to Bayelsa State the sum of N3.1bn instead of the total sum of N4.3bn proceeds of corruption recovered from Alamieyeseigha.
The petitioner said that Lamorde, as Director of Operations of the EFCC, conspired with some officers of the commission to manipulate records of assets recovered from Alamieyeseigha, an act which allegedly paved the way for him to trade with about N3.7bn of the recovered funds for almost two years.
“Sir, the aggregate funds diverted by Lamorde/EFCC stated below in the attached criminal charges is over N1tn. However, because over 95 per cent of overseas seizures are diverted, there is an urgent need to investigate and recover those funds as well,” Uboh’s petition read in part.
Our correspondent, on Sunday, obtained a copy of the Senate Committee on Ethics, Privileges and Public Petitions’ letter, which was signed by the committee’s clerk, Freedom Osolo, inviting Uboh to the Wednesday’s meeting.
The letter of invitation entitled, ‘Invitation to a meeting of the Senate Committee on Ethics, Privileges and Public Petitions’, partly read, “I am directed to invite you to a meeting of the Senate Committee on Ethics, Privileges and Public Petitions of the National Assembly in respect of your petition (copy attached) against the Economic and Financial Crimes Commission Chairman, Mr. Ibrahim Lamorde.”
“You are by this invitation, required to appear before the committee with all necessary evidence to support your allegation,” the invitation letter also noted.
Part of the proposed charges prepared by Uboh read, “That you Mr. Ibrahim Lamorde, as the executive chairman of EFCC in March 2013, in the bid to conceal a fraud of N779,155,004:62, being the diverted amount from the forfeited funds by Tafa Balogun, falsified documents in response to the request made on you by duly constituted authorities, wherein you fraudulently stated the total of 13 bank balances as N2,258,100,576:98 instead of N3,037,255,521:60
“That you Mr. Ibrahim Lamorde, as the Director of operations, conspired with some officers in the EFCC to manipulate the forfeitures and recoveries from DSP Alamieyesiegha, which events took place between 2006 and 2007, as if it took place in July 2008, with a view to shifting responsibilities to the regime or tenure of Mrs. Farida Waziri. By this act, you traded with recoveries amounting to over N3.7 bn for almost two years before formerly documenting the transaction.”
When contacted, the spokesperson for the EFCC, Mr. Wilson Uwujaren, said, “I am not aware of it (the petition).” Click to signup for FREE news updates, latest information and hottest gists everyday
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Na so..agbada don hook for babbed wire. So, who go go after the EFCC? Nigeria, oh Nigeria..i weep for thee. With this, if this is true, we, surely are a laughing stock in the eyes of the world.
ReplyDeleteNa sooo my broda.
DeleteThief do tif wetin thief tif.
I follow you dey weep for Nigeria.
... Nigeria ooo, Nigeria ...
IT IS ALL OVER!!!!!
DeleteSo u mean EFCC sef dey do thinz? Nigerians, I pity we oo
ReplyDeleteWho will bell the cat?
ReplyDeleteThe problem with Nigeria is a structural one,procedures,checks and balances. When you recover funds hoe do you split it and divert. The laws should have a provision for all looted funds to have a one-way transfer to federal accounts. EFCC bosses have no business handling the funds, only paperwork from the CBN acknowledging the receipt of funds and filling it for EFCC records.
ALL OF THEM KNOW THIS CHECKS & BALANCES YOU ARE TALKING ABOUT BUT THE THING WEY DEY WAN THIEF WON'T ALLOW THEM TO FOLLOW IT.......
DeleteTHIS IS SERIOUS O...... IF IT'S CONFIRMED AS TRUTH.....
So stolen money was recovered and then stolen. Nigeria sef.
ReplyDeleteI hope we all can now believe Buhari that most if not all Nigerians are corrupt. Surely, judgement must start from EFCC and ICPC before they can judge others.
ReplyDeleteJust like the Funds recovered from Ghost workers, Ghost Pensioners etc. ends up in Ghost pockets..... Scammers of repute this our generation, I DEY FEAR FEAR!!
ReplyDeleteAnd he has been doing that even under Obasanjo's government. Up to 90% of Nigerians are corrupt, even ordinary principals in secondary schools are not exempted. Thank God Buhari is here. My only fear is that he is still working with d likes of Obasanjo and Tinubu. He is even considering bringing Amaechi and Fashola on board too. But how else can he reward them for sponsoring his campaign with stolen money. I am watching
ReplyDeleteI can bet my life that this story is not true and it is simply diversionary. The Larmode I know will not get involved in such a thing. The Senate probe will be inconclusive. The intention may be to cast doubt on the investigation and outcome by the EFCC on the Senate and some of its principal officers and their relations. We've traveled this road before during the fuel subsidy probe. Pls note my comment and compare with outcome (if any) of the senate probe. If this petitioner is sure of his claims, he should go to court and I'm sure a lot of civil/liberty rights group will be there to support him. We don't need distractions now.
ReplyDeletePDP is trying to bring in another dimension to GMB anti corruption campaign and divert people opinion on this issue. Let wait and see.
ReplyDeleteWhoa this is a situation of thieves looting from thieves
ReplyDeleteJonathan appointed him,what do you expect? Thief will always produce thief
ReplyDeleteIt is a pity that they are all so corrupt that only a negligible few can be free. PDP is a party of rogues, criminals and the like. That is why all their leaders in all aspects were corrupt. their duty was to share the and loot our money and the poor masses were suffering. What a country of criminal leaders! They will all be exposed. A country where a governor will be a law breaker and he jumps to the senate to be a law maker. Those who are castigating Buhari I am sure are guilty and afraid. So, they are afraid of being exposed.
ReplyDelete