By Ola Adeola
Ifeanyin Uba, an oil magnate, says the Economic and Financial Crime Commission, EFCC, is the other of a twin cancer affecting the nation’s economy. Ubah spoke at the Christian event – the World Youth Congress, Adoration Ground, Anambra, Nigeria’s South-East.
Ubah admonished the EFCC to halt probes of past leaders, but rather focus on the financial crimes.
“The EFCC must come to terms with their duty and start creating real economic crime desk. If the EFCC can be able to look into every importer accessing dollars and what our dollars are being used for”, Uba said.
“If the EFCC can create an economic code that everybody that must access dollars should bid through the EFCC and then everybody must sign a guarantee, a bond that government can look into whatever he has bidded with the money before he bids it, those that are milking Nigerian dollars will run away.
“The EFCC must stop only pursuing past leaders. Not that they would not do their job in pursuing past leaders, but they need to look into how many Nigerians are taking waivers, how many people are accessing dollars for agricultural contents, but they are using the dollars to go to Dubai, bringing the dollar back into the country and making money without doing anything.”
Uba owns Capital Oil and Gas limited; a football club, and he is also a politician.