Yahoo Yahoo Must Be Eradicated So We Can Have A Generation To Hand Over Nigeria To – EFCC

The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede has come out to defend the commission’s ongoing crackdown on Yahoo boys, despite criticisms from some quarters.

He recently had his say while speaking to the press, and Nigerians have been reacting.

According to him, the country lost over $500m in one year due to internet fraud, and the activities of internet fraudsters has evolved beyond online scams and they are now involved in more dangerous crimes like kidnapping, ritual killings and arms trafficking.

He added that if EFCC doesn’t act decisively, in the next 10 years, we may not have a generation we can confidently hand over the country to.

His words, “We are doing the work. Last year alone, we had over 11,000 petitions, investigated close to 9,000, and prosecuted nearly 5,000 cases despite our limited manpower. Some people criticise us for going after Yahoo Yahoo boys, but they don’t understand the severity of the crime.

It is no longer just about scamming people. They are now into kidnapping, banditry, and ritual killings. Some of our investigations have uncovered horrifying details, including cases where young female victims were used for rituals. If we don’t act decisively, in the next 10 years, we may not have a generation we can confidently hand over this country to.

You cannot be fighting corruption and be corrupt yourself. I have publicly challenged anyone to come forward with evidence that I have collected bribes in my years of service. Integrity is key in this fight, and we must lead by example.

The media has always been a key player in the anti-corruption fight. In the early 2000s, before the EFCC was established, it was journalists who exposed many financial crimes. We need to return to that era where the media and law enforcement work together to protect the country.”

WOW.