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Nairaland Forum / Nairaland / General / Politics / Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption (7490 Views)
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Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Adeitanajoke(f): 7:07am On Dec 10, 2018 |
![]() Femi Falana, a senior advocate of Nigeria (SAN), has advised the Economic and Financial Crimes Commission (EFCC) to stop sealing off assets belonging to suspects of financial crimes. The lawyer gave the advice in Ikeja at the presentation of ‘Compendium of High-Profile Corruption and Financial Crimes Cases in Nigeria’. Falana said sealing of properties while cases were still pending in courts does not do the public any good as the assets eventually lose economic value. He said: “I do not subscribe to the locking up of assets or properties while a case is still pending in court. I do not think the EFCC or other anti-corruption agencies should be doing that. “If somebody has stolen money to build a hospital, just like the one on Adeniyi Jones in Ikeja, somebody was alleged to have stolen to build the hospital worth about N2.5billion, which is sealed now. “For me, you are not doing the public any good by just locking up the place and by putting your inscription: ‘Under Investigation’. “Why don’t you allow it to function so that the place can benefit the people, because it is already acquired for public purpose. “And this should go for all buildings too. People are looking for accommodation and you just lock up blocks of flat over cases still pending in court. “And these cases may be in court for years. And by the time the cases are concluded, the premises you have sealed no longer have their value. “The EFCC was set up to revive businesses not to liquidate them. You liquidate businesses by just getting some court orders. That to me, is not the way to fight corruption.” Falana said the seized vehicles wasting away at EFCC offices is a cause for concern. He suggested that the vehicles could be sold by the EFCC while the proceeds are kept in an account pending the determination of the cases involving their owners. “If the case is finally resolved in favour of the suspects, they are given the money, if not, the money is forfeited to the government,” he said. “That, I think, is better than allowing these vehicles to waste away while cases are being investigated or still pending in court.” https://all-gists..com/2018/12/falana-to-efcc-sealing-assets-of-suspects-not-the-way-to-fight-corruption.html 9 Likes 1 Share |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by datyrone(m): 7:19am On Dec 10, 2018 |
I don't take lawyers seriously.... even papa falz ![]() 3 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by tolulope1990(m): 7:24am On Dec 10, 2018 |
Tell them... Devilish party and governance 12 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by israelmao(m): 7:24am On Dec 10, 2018 |
The father of Falz who sang "This is Nigeria" has spoken from his chamber and in his great wisdom. 2 Likes 1 Share |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by aolawale025: 7:25am On Dec 10, 2018 |
He's making sense 9 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Nobody: 7:25am On Dec 10, 2018 |
My brother help us tell apc abeg 3 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Skillzmen: 7:26am On Dec 10, 2018 |
Na wa |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Mastadestiny(m): 7:26am On Dec 10, 2018 |
Walahi EFCC no get sense 7 Likes 1 Share |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by DWJOBScom(m): 7:26am On Dec 10, 2018 |
Well that’s the only option they got! When your Govt lacks basic idea of Governance, what do you do ? Vote them out ! 13 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by wickyyolo: 7:27am On Dec 10, 2018 |
What he said is very correct. Most especially with the Hospital 4 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by grandstar(m): 7:27am On Dec 10, 2018 |
He has a point 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by laplace19(m): 7:27am On Dec 10, 2018 |
His points are valid |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by KingLennon(m): 7:27am On Dec 10, 2018 |
The President will never build good Hospitals for us even though he's also questionnable for fraud but he will sealed those that are profitble to us. Can anything good come out from a lifeless ![]() 4 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Kingosytex(m): 7:27am On Dec 10, 2018 |
magu's EFCC is the most controversial, double standard, bias and directionless EFCC that has ever existed in this country. magu's EFCC is a pseudo-APC association 4 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by gare(f): 7:28am On Dec 10, 2018 |
datyrone: But there is a lot of sense from what he has said, you may not see because you are part of the Z nation 13 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Sholaco: 7:28am On Dec 10, 2018 |
Garagara of this government s much 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by domino4211(m): 7:28am On Dec 10, 2018 |
![]() welcome to Nigeria,where recovered loots are looted by people who tag other people 'looters' .. So how do we now tell the difference between the original looters and the lootees ![]() 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by kerry57: 7:28am On Dec 10, 2018 |
Shebi u dey support this govt before falana? Wanting power at all course and not having a tangible plan in place before coming to power killed this govt. Let's collectively decide and make naija work and great again God bless naija. 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by kufre2010(m): 7:29am On Dec 10, 2018 |
. |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Tonymegabush1(m): 7:29am On Dec 10, 2018 |
I think I subscribed to his observation regarding this issue outright closure or sealing off properties is not the right way of doing things in this country we waste 2many resources yet we claim we don't have money 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by davillian(m): 7:29am On Dec 10, 2018 |
That's what happens when old people with burnt brain fuse rules us. |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Anduku: 7:29am On Dec 10, 2018 |
Femi knows the truth, this government is fast turning to a civilian dictatorship 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by YoungLionken(m): 7:29am On Dec 10, 2018 |
Gani Fawehinmi of blessed memories... Since his demise, none has come close. How pathetic! |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by abdulsalam81: 7:32am On Dec 10, 2018 |
I totally agree with Femi on this issue Sealing the property or company can also lead to job lose 1 Like |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by datyrone(m): 7:32am On Dec 10, 2018 |
gare: you that is part of A nation.what have you done for your country or even your constituency |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by gare(f): 7:35am On Dec 10, 2018 |
datyrone: Lol, what have I done for my country or constituency, let's not go there because you will not understand, it's not about me but rather focus on the advice from Falana 5 Likes |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by Mankosi: 7:38am On Dec 10, 2018 |
Festus keyamo dey advise them |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by foreshore(m): 7:39am On Dec 10, 2018 |
Adeitanajoke: True talk |
Re: Falana To EFCC: Sealing Assets Of Suspects Not The Way To Fight Corruption by seunlayi(m): 7:39am On Dec 10, 2018 |
Oga F F, thanks for sharing this common sense but I m sure apc won't need it |
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