Yahoo Boys Would Be Useful For Our Agency – EFCC

The Economic and Financial Crimes Commission, EFCC, has planned to rehabilitate young people who are engaged in Internet fraud, popularly known as “Yahoo Boys”.

The Acting Chairman of the agency, Mr Ibrahim Magu said that Yahoo Boys would be useful to the agency in the future.

Magu stated this in Lagos on Thursday while delivering a paper titled, ‘Strategic change administration and innovation to curb corruption in Nigeria,’ at the third All Administrators National Conference of the Chartered Institute of Administration

According to him, Internet fraudsters could be useful to the agency in future.

While speaking on collaboration between the Nigerian graft agency and other nations, Magu said EFCC had secured collaboration with ECOWAS member-states to aid in prosecution of cross-border crimes.

He stated, “So if you carry money from Nigeria and escape to Ghana, we will just call the men in Ghana and say, ‘arrange this man and keep him for me.

“This is what the Yahoo-Yahoo boys like to do. But we are planning to rehabilitate them because they can be useful to us in future.”

Magu said the graft agency had been able to secure 614 convictions between January and September. .

He attributed this to the increase in the agency’s zonal offices from seven in 2009 to 18 in 2018.

According to him, in addition to increasing its zonal offices, the agency had also increased and trained more personnel all in an effort to curb corruption in the country.

In the fight against corruption, synergy is important, the EFCC acting chairman said.

He urged the CIA to collaborate with the agency in the fight by making sure that they administer their affairs in a corruption-free manner.

He also called on civil organisations and members of the public to report cases of corruption to the agency.

Newsflash Nigeria is an online newspaper that is developed and written exclusively for Nigerians. It’s packed with up-to-the-minute Local and National Economy News, Share & Capital Market, Health, Sports, Education, Technology, Business and Opinions.

To make further advert enquiries or place an order, please contact us at [email protected] and +2348053316946 and WhatsApp number 08033546732