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Exposed: How Lamorde’s EFCC Looted Nigeria’s 2.1 Trillion Naira – By George Uboh

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LAMORDESummary Submissions to the Senate Hearing On Wednesday, August 26, 2015 Against EFCC Premised By Petition Filed By George Uboh

Law: Contrary to the provisions of Section 36 of EFCC (Establishment) Act of 2004, EFCC failed to remit over 1 Trillion Naira.

NAIRA RECOVERIES:

In a December 02, 2011 letter EFCC sent to the Chairman, House Committee on Drugs, Narcotics and Financial Crimes, EFCC stated that the aggregate recoveries from 2004 to 2011 (8 financial years) was  N1,326,754,554,482:80. EFCC did not mention where the N1.3 Trillion recovered was remitted to. EFCC’s claim that it did not recover up to a Trillion is complete false.

Breakdown:

2004—N7,070,693,130:00

2005—N965,651,737,039:00

2006—N6,622,261,783:79

2007—N7,700,150,381:20

2008—N18,141,628,546:98

2009—N130,885,187,726:83

2010—N52,877,464,867:00

2011—N137,805,431,008:08

In EFCC’s “SUMMARY OF EFCC MONETARY RECOVERIES 2003-MARCH, 2013” (11 financial years), EFCC stated that the aggregate recoveries for eleven financial years is N497,385,427,485:63; EFCC did not mention where the N497.3 Billion recovered was remitted to. 

Break down:

2003—N974,783,213:06

2004—N21,018,557,263:28

2005—N71,053,996,008:60

2006—N8,199,908,189:03

2007—N41,479,032,319:70

2008—N44,542,822,622:30

2009—N255,306,693,033:55

2010—N10,559,513,355:91

2011—N11,117,460,717:88

2012—N27,844,769,688:19

2013—N5,287,891,074:13

Questions:

1) How can recoveries for eight financial years be more than recoveries for eleven financial years by over 800 Billion Naira when the eight financial years are subsumed in the eleven financial years?

2) Why do recoveries for the same years differ on different reports?  

It should be noted that the two documents submitted were prepared under the Chairmanship of Lamorde. 

WAZIRI’S LETTER TO JONATHAN:

In a letter dated June 24, 2011 from EFCC Chairman Waziri to President Jonathan, Waziri stated in pertinent part: 

Page 2, Paragragh 1: In three years, the Commission has recovered over N975 Billion for various levels of Government and for private entities, as follows:

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Breakdown:

Banking—–N650 Billion

Taxation—N3.5 Billion

Local Businesses—-N36 Billion

Multi-National Penalties—-N36 Billion

Other forfeitures—–N135 Billion

TOTAL NAIRA RECOVERIES:

The N975 Billion Waziri recovered from June, 2008 to June, 2011 plus the recoveries before Waziri from 2004 to 2007 (987,044,842,333:00) plus recoveries after Waziri from 2012 to 2013 (33,132,660,762:00) = 1.995TRN 

NAIRA RECOVERIES =1.995 Trillion   

USD RECOVERIES:

$316,137,596:00 

At 160 exchange rate we have N48.9 Billion Naira 

EURO RECOVERIES:

32,106,510:00 Euros

At exchange rate of 230 we have N7.3 Billion Naira 

BRITISH POUNDS RECOVERIES:

1,252,974:00

At the rate of 300, we have N.4 Billion Naira 

TOTAL RECOVERIES TO BE REMITTED AS CONFIRMED BY EFCC:

1.995 Trillion + 48.9 Billion + 7.3 Billion + .4 Billion = 2.051 Trillion 

AFTER RECOVERING OVER 2 TRILLION HOW DID THE FUNDS MELT AWAY?

Below are some of the methods EFCC steals recovered funds: 

EFCC doctors its records to conceal diversions: 

Compare the first two submissions emanating from EFCC. The 2011 submission is over 800 Billion Naira higher than the 2013 submission despite two additional years of Naira recoveries in the 2013 submission. Based on the records, because EFCC has not been able to account for over 800 Billion Naira, EFCC manipulated the above records and grossly understated recoveries in order to conceal the fraud.

Recoveries in CBN account not reflected in audited financial statements.          

1) In 2010, CBN’s EFCC account had a balance of 3.3Billion Naira; however, it did not appear in the audited account for same year.

2) The 2009 balance on EFCC account with the CBN as reflected in AGF’s letter to House Committee Chairman had 6.Billion Naira; however, the audited account for same year had 5.6 Billion Naira. Certainly, the 6Billion is not included in the audited report because 6Billion cannot be contained in 5.6 Billion. 

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Doctoring of Bank Accounts:

Two access bank recovery account statements tendered herein show Opening balances of -0- as of 1, July 2004, but no transaction occurred until June/July 2008 respectively. These transactions are expunged Where are the funds deposited between July 2004 and June/July, 2008?

EFCC diverted and concealed N779 Million Naira of recoveries from Tafa Balogun in its record (aggregate should be 3,037,255,521.60 – not 2,258,100,516.98); Instead of transferring 3.3 billion from Spring bank to its Access bank recovery account, EFCC transferred only 2.2 billion and concealed it by understating the summation of the balances in the various accounts hence the access bank statement had 2.2 Billion Naira after the concealment. 

Conclusion: 

EFCC should be compelled to remit 2.051 Trillion to the Federal Governmentm of Nigeria.

Access bank should be compelled to bring complete and unadulterated statements from 2004 till date.

Aminu Ibrahim and co, Auditors, should be compelled to come and shed light on discrepancies.

==============================

Ladies and Gentlemen of the press..thank you for attending the hearing. Attached please is summary evidence that EFCC is sitting on 2.051 Trillion Naira.

I shall avail other documents on diversion in the future.

Best regards,

Dr. George Uboh  

Chief Executive (PASS)

========================

Editors Note: Elombah.com is currently in possession of several documents in support of above details. Evidence that EFCC is sitting on 2.051 Trillion Naira. One document captioned “submission efcc voodoo reporting 2trn” is a guide to go through other supporting documents referred to in the submission. They will be published soon…stay tuned

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VIRAL VIDEO: Moment Yahaya Bello Orders Kogi State House Members to Sit on Floor, Gives Strict Directives

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IGP withdraws all policemen attached to Kogi ex-gov, Yahaya Bello

A viral video circulating on social media has captured former Kogi State Governor Yahaya Bello making newly elected State House of Assembly member, Hassan Shado, and his supporters sit on the floor during a meeting in Abuja.

The meeting took place at Bello’s residence on Monday, where he received members of the All Progressives Congress (APC) to discuss party unity and responsibilities.

Shado, who won the Dekina-Okura II State Constituency by-election on August 16, was formally presented to the former governor.

INEC declared Shado the winner after he polled 55,073 votes, defeating Godwin Meliga of the PDP, who garnered 1,038 votes.

During the session, Bello emphasized that Shado must strictly obey the directives of Governor Ahmed Usman Ododo in all legislative matters.

He drew his ear to stress the importance of cooperation, warning the lawmaker to align with Assembly decisions even when he did not fully understand them.

Bello said, “Go and cooperate with the Speaker and other members of the House of Assembly. Support Governor Ododo in everything that comes to the Assembly, even if you don’t understand it.”

Bello also reminded Shado that political victories are collective achievements.

He stated, “No candidate wins an election alone. Your people worked tirelessly from nomination to election day. Do not let them down.”

He urged inclusivity, consultation, and collective leadership, emphasizing that unity remains the key to APC’s continued success in Kogi State.

The former governor praised the people of Kogi East for demonstrating unity, which he said had been lacking in the past.

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He further expressed confidence that APC would retain all major political positions in upcoming elections, declaring, “Our President, Bola Tinubu, will be re-elected.

Governor Ododo will be re-elected. All our candidates will continue to win on our great party’s platform.”

Bello’s post-governorship period has been marked by controversy.

The EFCC accused him of diverting over N110 billion from Kogi State coffers during his tenure.

He evaded multiple court summons and even a failed arrest in Abuja that led to a shootout. Ultimately, Bello surrendered to the EFCC on November 26, 2024, after months of avoiding legal proceedings.

Despite his legal troubles, Bello maintains influence over APC lawmakers in Kogi and continues to assert political authority, as shown in the recent video with Shado.

Watch the video below.

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Africa

Why Every Nigerian Should Learn Combat Skills — CDS

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The Chief of Defence Staff (CDS), General Christopher Musa, has urged all Nigerians to acquire combat skills such as Karate, Taekwondo, and Judo to protect themselves in the face of increasing danger.

Speaking on Channels Television’s Politics Today programme on Thursday, August 21, General Musa likened learning martial arts to other essential survival skills, including driving and swimming.

“That one should be taken as learning driving, learning how to swim.

Whether we have war or not, it is a survival instinct,” he said.

He added that in Europe, swimming and basic security education are compulsory because citizens must understand and practice personal safety.

The defence chief emphasised that the National Youth Service Corps (NYSC) should incorporate unarmed combat training into its programme to prepare graduates for real-world threats.

He explained, “That’s what the NYSC is supposed to do, but the NYSC has been watered down to three weeks. Self-defence is very important.

Unarmed combat, swimming, driving these are critical aspects of human survival. We should never take them for granted because they prepare us for the future.”

General Musa further encouraged Nigerians to remain situationally aware of their environment, alerting authorities to any suspicious activities or individuals.

He said, “The world we are in now is dangerous. We have individuals who don’t mean people well. They kill for whatever reason.”

Highlighting evolving threats, General Musa disclosed that terrorists increasingly use gold to finance their operations.

He noted that complex international networks make it difficult to immediately expose or prosecute these financiers. “Gold is the main source.

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They circulate it through various channels, including foreign links, which complicates intervention,” he explained.

General Musa acknowledged that bad roads and challenging terrains hinder rapid military response to attacks.

He said, “Many Nigerians expect immediate intervention from the Armed Forces without understanding the logistical challenges. By the time information reaches us, terrorists have already struck and vanished because they move more quickly in these regions.”

He added that improvised explosive devices (IEDs) in the North-East further slow troop movement.

Regarding the Southeast, General Musa noted that the arrest of pro-Biafran agitator Simon Ekpa in Finland in November 2024 has improved security in the region.

He said, “Troops are actively pursuing Ekpa’s lieutenants in Imo, Enugu, Anambra, Ebonyi, and Abia states. We will continue operations until all threats are neutralised.”

The CDS also praised the synergy among the Nigerian Army, Air Force, and Navy, which led to the arrest of Ansaru terrorist leaders, describing it as a major success in the fight against terrorism.

General Musa concluded by announcing an African Chiefs of Defence Staff conference to foster continental collaboration and enhance regional security efforts.

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Health

Police Arrest Fake Doctor as Woman Dies During Abortion

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Detectives from the Akwa Ibom State Police Command have arrested a man posing as a medical doctor following the death of a 35-year-old woman, Blessing Sunday Etim, during an alleged illegal abortion.

The suspect, identified as Sunday Okon Akpan, reportedly owns and operates the Full Life Medical Centre (FLMC) in Ikot Obio Odongo, Ibesikpo Asutan Local Government Area.

Deputy Superintendent of Police (DSP) Timfon John, the spokesperson for the Akwa Ibom Police Command, revealed that police launched a search for the victim after receiving a distress call from her mother.

DSP John stated that operatives acted quickly following the report, which indicated that Blessing had gone to work at the FLMC and never returned.

According to police reports, the suspect attempted to secretly dispose of the victim’s body in her room.

A co-tenant, who witnessed the act, raised an alarm, forcing the suspect to abandon the corpse and flee the scene.

Police quickly arrived at the scene, where detectives discovered a premature foetus, confirming the occurrence of an illegal abortion.

Police traced and arrested Sunday Okon Akpan, a resident of Afaha Offiong village, Nsit Ibom LGA.

Preliminary investigations indicate that the suspect is not a licensed medical doctor or nurse but a community health practitioner who allegedly used his clinic to perform illegal medical procedures, including abortions.

The health centre has since been found abandoned.

DSP John confirmed that the victim’s body has been deposited at a morgue for preservation and autopsy, while investigations continue to uncover more details surrounding the incident.

She also promised to update the public as the probe progresses.

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This shocking incident highlights the dangers of unlicensed medical practitioners operating clinics and offering illegal procedures.

Police authorities are warning residents to verify the credentials of anyone offering medical services and to report suspicious activities to prevent similar tragedies.

As the investigation unfolds, Akwa Ibom police have vowed to ensure that justice is served, and the public remains safe from unqualified medical practitioners operating in the state.

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Trump Orders Review of 55 Million US Visa Holders in Mega Crackdown

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The Trump administration has announced a sweeping review of more than 55 million foreigners holding US visas, aiming to identify potential violations that could trigger visa revocation or deportation.

In a statement to The Associated Press, the State Department confirmed that all visa holders are now subject to “continuous vetting.”

Officials will examine any indicators of ineligibility, including overstaying authorised periods, criminal activity, threats to public safety, engagement in terrorism, or support for terrorist organisations.

If authorities find evidence of such violations, they will revoke the visa, and individuals already in the US could face immediate deportation.

Officials stressed that the review targets both individuals residing in the United States and those holding multiple-entry visas abroad.

Since assuming office, President Donald Trump has prioritized strict immigration enforcement, targeting not only undocumented migrants but also holders of student and visitor exchange visas.

The current vetting process extends far beyond prior reviews, potentially affecting individuals who initially received approval to stay in the US.

According to the Department of Homeland Security, last year the US had 12.8 million green-card holders and 3.6 million people on temporary visas.

Immigration policy expert Julia Gelatt of the Migration Policy Institute noted that the 55 million figure likely includes individuals living abroad with tourist or business visas. She questioned whether allocating resources to review people unlikely to return justifies the scale of the initiative.

Alongside the review, Secretary of State Marco Rubio announced on X that the US will immediately halt work visas for commercial truck drivers, citing safety risks and threats to American jobs.

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“The increasing number of foreign drivers operating large tractor-trailer trucks on US roads is endangering American lives and undercutting the livelihoods of American truckers,” Rubio wrote.

The administration recently strengthened English proficiency requirements for foreign truckers following incidents where language barriers contributed to accidents. State Department officials confirmed they are pausing the processing of new work visas to reassess screening and vetting protocols.

“Ensuring that every driver meets the highest standards protects American workers and maintains a secure, resilient supply chain,” the department added.

Experts warn the broader implications of the review could ripple across the US economy. Edward Alden, senior fellow at the Council on Foreign Relations, explained that the administration’s policies aim to discourage companies, universities, and hospitals from employing foreign workers.

“The economic consequences will extend far beyond individual visas,” Alden said, emphasizing that employers risk compliance issues if they continue hiring foreign staff.

The review represents the most comprehensive enforcement action in recent US history and signals that the administration will aggressively monitor both legal and temporary visa holders to maintain national security and prioritize domestic employment.

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2027: ADC Coalition Deceiving Nigerians – Baba-Ahmed

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Labour Party vice presidential candidate, Senator Yusuf Datti Baba-Ahmed

The 2023 Labour Party (LP) vice-presidential candidate, Datti Baba-Ahmed, has warned Nigerians that the opposition coalition under the African Democratic Congress (ADC) is giving false hope about rescuing the country from underdevelopment.

“They are deceiving us,” Baba-Ahmed said during an interview on Channels Television’s Politics Today on Friday.

Baba-Ahmed, who ran alongside Peter Obi in the 2023 presidential election won by Bola Tinubu of the All Progressives Congress (APC) expressed his willingness to be Obi’s running mate in the 2027 presidential election.

Although Obi has shown interest in the 2027 race and is aligning with ADC coalition figures such as David Mark, Atiku Abubakar, Nasir el-Rufai, Rotimi Amaechi, and Rauf Aregbesola, Baba-Ahmed stressed that he wants Obi to remain in the Labour Party and contest as its presidential candidate.

“I’m in the Labour Party. I’m a Peter Obi man. I still want Peter Obi to come back to the Labour Party and contest the 2027 election,” Baba-Ahmed stated.

When asked about his plans for the 2027 race, Baba-Ahmed confirmed his readiness to serve as a running mate for like-minded leaders committed to restoring Nigeria.

“If Nigeria is still around and there is an electoral system to follow, my love for Nigeria is undying.

I would appropriately associate with groups and individuals aligned with restoring the nation,” he said.

Baba-Ahmed also revealed two potential leaders he would consider deputising, with Peter Obi being his primary choice. “The first one has not said anything.

The second one is Peter Obi. I’m always with Peter Obi until he decides not to,” he added.

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