Governors cashing on insecurity in their states – Magu

efcc chair magu addresses reports of governorship aspiration threatens lawsuit over false report - Governors cashing on insecurity in their states – Magu

The acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has alleged that governors promote insecurity in their states so as to get more security votes.

The EFCC boss said this while presenting a paper on Wednesday in Abuja during the induction programme for the returning and newly elected governors by the Nigeria Governors Forum (NGF), which held recently.

He advised the incoming governors to portray transparency while dealing with public funds.

Magu also said that the issue of insurgency in the northeast, militancy in the Niger Delta and banditry are borne out of corruption.

His words: “We have also seen evidence of theft of public resources by some state governors – cashing on the insecurity in their states.”

“Insecurity has also offered the required oxygen for corruption to thrive as evident in the $2.1 billion arms procurement scandal involving top military commanders both serving and retired.

“Mass poverty in the region due in part to corruption by the ruling elite is largely to blame for the ease with which the Islamists are able to recruit fighters to sustain their aggression against the Nigerian state.

“As an investigator, I am shocked by the quantum of resources stolen from the Niger Delta Development Commission (NDDC) by those who run the intervention agency. It is so bad that even a mere personal assistant to a former Managing Director was charged for stealing over N3 billion.

“Whether we like it or not, corruption and terrorism have become the twin evils, undermining our collective efforts to make Nigeria a truly great country.”

 

The post Governors cashing on insecurity in their states – Magu appeared first on INFORMATION NIGERIA.

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