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Ibrahim Lamorde, chairman of the Economic and Financial Crimes Commission (EFCC), has been fired by President Buhari. The head of state appointed Ibrahim Mustafa Magu, an Assistant Commissioner of Police, as Acting Chairman of the Commission.
Corruption allegations
Lamorde, whose term was supposed to end in February 2016, was terminated four years after he took office at the EFCC. Last August, he denied allegations that $5 billion had gone missing at the commission. When was accused of diverting proceeds of corruption that were recovered by EFCC, he responded that the charges were a smear campaign. No official reason was given for this termination.
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Fighting corruption
Buhari, a former army general who is known for his authoritarian style, started a war against corruption. Earlier on this week, Godsday Orubebe, the former Niger Delta minister under Buhari’s predecessor pleaded not guilty to charges of bribery and false declaration of assets. Orubebe is accused of failing to declare two properties that he owned when he took office in June 2011. He has also allegedly accepted $350,000 in bribes. Nigeria will not realize its full economic potential unless it tackles the endemic corruption problem present in the country.
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