Anti-corruption and elections / EFCC
Nigeria Loses $50billion to Corruption Annually - Magu
The Acting Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has decried the scourge of corruption in Africa, stating that the country loses over N50billion annually to illicit cash flows. Magu made this known on July 11, 2019, in Uyo, Akwa Ibom State at the commemoration of the African Anti-corruption Day, with the theme, "Towards a Common African Position on Asset Recovery". Magu, who was represented by Garba Dugum, Head, Uyo Zonal Office, said the height of corruption in Africa, informed the choice of July 11 every year as the African Anti-corruption Da…
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