Olukoyede reiterates EFCC’s commitment for economic growth – Blueprint Newspapers Limited

The executive president of the Commission for economic and financial crimes (EFCC), Ola Olukoyede, reiterated his commitment to the use of the anti -corruption struggle to stimulate growth in the economy.

The head of the commission, Media & Publicny, dele Oyewale, in a press declaration, Thursday in Abuja, said that Olukoyede gave Thr Assurance while receiving the CEO/CEO of Nigerian export, Nexim Bank, Mallam Abba Bello, who came to a courtesy visit to the headquarters of the FCC company.

He said that expressing joy for the visit, Olukoyede observed that the mission of the FCC and that of Banca Nexim align in the country’s stimulation area of ​​the country’s economic growth.

“We shared the mandates with your bank as a bank that promotes export imports, which is to grow the economy. By doing this, you are promoting the economy and on our part, one of our mandates is also to use the instrumentality of the fight against corruption to grow the economy. So, from that perspective I think I have a shared mandate,” he said.

Oyewale said that the EFCC boss praised Bello leadership skills in leading Nexim Bank away from the insolvency to the entities they realize in profit.

“You deserve an applause to turn the institution. To that is not a joke at all. It is a great responsibility because you have to face both external and internal factors.

“Even by changing the orientation of the people you met on the ground, changing the system, the processes and all this requires a lot. For reaching that milestone, I think you should be applauded and also be encouraged to do more,” he said.

The head of the Commission, which observed that the EFCC is not a debt recovery agency, revealed that the Commission is inserted only when the debts are worth on economic sabotage. He stressed that many cases of non -performing loans underlined fraudulent content and the EFCC would not stop in front of anything to face such cases.

“We are attentive to the way we arrive, in particular when it comes to the issue of the recovery of the loan. We look at the area of ​​economic Sasomebody.

“When someone is granted a loan, in particular if the money comes from the Commonwealth or from the resources of investors in a bank and deviate the money or the money did not go to what it was meant, obviously it is an economic sabotage. More than 90% of cases of bad loans underlined the fraud,” he said.

Previously in his observation, Bello praised the EFCC for having assisted his bank in the management of several cases deriving from abuses that have been caused by all types of things, technical abuse of the bank performance process to the bank beneficiaries.

“So what we started doing was to see how we can redeem the situation. The EFCC helped us and played a leading role in the recovery of the money that was distributed fraudulently or without following the right trial,” he said ..

Nexim’s boss appealed to the FCC to continue assisting his bank in the recovery of the loans taken by the former bank staff.

He also sought collaboration with the Commission in the fraud prevention sector, in particular not allowing people to enter fraudulent activities and corruption; stop those who have virtual knowledge to engage in unworthy things.

“The EFCC has made a lot of involvement for those who are in that type of activity. We can collaborate with the EFCC as participants or prevent them from engaging in the struggle on the negative side, we would give them an option to train and engage in the export value chain,” he said.






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