Waziri wants tougher measures to fight corruption.
The Chairman of the Economic and Financial Crimes Commission, Farida Waziri has suggested punitive measures such as prison sentences on conviction as deterrent to corruption in Nigeria.
Wasiri gave the suggestion while delivering a paper entitled “The EFCC's critical Role in growing the Nigerian economy" at the breakfast meeting of the Nigeria-British Chamber of Commerce in Lagos.
According to her, the problem of corruption in Nigeria was that people manipulate the system and get freed after being arrested for corrupt practices.
She accused the Nigerian elite of having an insatiable appetite for acquisition of property and assets, nothing that this was the root of corruption.
Waziri said The reason why politics in this country is a do-or-die affair is because politicians know that there are no adequate measures to punish corrupt political office holders.
The EFCC chairman said the commission had aggressively sensitised the general populace on the ills of corruption.
She said The cliche that EFCC is watching has continued to gain ground and there has been a gradual reduction in corrupt practices that were hitherto accepted and taken for granted.
Waziri advised foreign investors to have confidence in the Nigerian economy, adding that the government was doing everything possible to exterminate corruption in the system.
She said Since its inception in 2003, the commission has recovered over 11 billion dollars, the bulk of which is the 6.5 billion dollars recovered under my administration in the last two years.
The Chairman of the Economic and Financial Crimes Commission, Farida Waziri has suggested punitive measures such as prison sentences on conviction as deterrent to corruption in Nigeria.
Wasiri gave the suggestion while delivering a paper entitled “The EFCC's critical Role in growing the Nigerian economy" at the breakfast meeting of the Nigeria-British Chamber of Commerce in Lagos.
According to her, the problem of corruption in Nigeria was that people manipulate the system and get freed after being arrested for corrupt practices.
She accused the Nigerian elite of having an insatiable appetite for acquisition of property and assets, nothing that this was the root of corruption.
Waziri said The reason why politics in this country is a do-or-die affair is because politicians know that there are no adequate measures to punish corrupt political office holders.
The EFCC chairman said the commission had aggressively sensitised the general populace on the ills of corruption.
She said The cliche that EFCC is watching has continued to gain ground and there has been a gradual reduction in corrupt practices that were hitherto accepted and taken for granted.
Waziri advised foreign investors to have confidence in the Nigerian economy, adding that the government was doing everything possible to exterminate corruption in the system.
She said Since its inception in 2003, the commission has recovered over 11 billion dollars, the bulk of which is the 6.5 billion dollars recovered under my administration in the last two years.
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