{"id":85804,"date":"2021-09-10T20:07:24","date_gmt":"2021-09-10T19:07:24","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=85804"},"modified":"2021-09-10T20:07:24","modified_gmt":"2021-09-10T19:07:24","slug":"fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/","title":{"rendered":"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman"},"content":{"rendered":"
\n
Nigeria spent over N6 trillion in combat terrorism between 2008 and now, the Chairman of the Economic and Financial Crimes Commission, Abrulrasheed Bawa, has revealed.<\/div>\n
\n
\n
\n
<\/div>\n
In the same vein, the EFCC boss said that the country lost over N5.4 trillion to tax evasion by corporate entities between 2011 and this year.<\/p>\n

But between March when he took office as EFCC boss and now, the anti-graft agency has recovered over N6 billion from financial and economic saboteurs.<\/p><\/div>\n

<\/div>\n
This is aside the theft of resources in the nation\u2019s oil and gas sector, according to the official.<\/p>\n

Bawa made the disclosure on Friday\u00a0 while presenting a paper entitled, \u201cCombating of Crime, Corruption and implication for Development and Security\u201d, at the 38th Cambridge International Symposium on Economic Crime, organized by the Center for International Documentation on Organized and Economic Crime (CIDOEC), Jesus College, University of Cambridge,, United Kingdom.<\/p><\/div>\n

<\/div>\n
According to the EFCC boss who was represented by his Deputy Chief of Staff, Sambo Mayana, economic and financial crimes including corruption, which manifest in various forms in different nations, are at the core of global development and security challenges. Citing a report by the Organization for Economic Cooperation and Development OECD, he noted that, \u201cResources that could support a country\u2019s development are lost through criminal acts like corruption, tax evasion, money laundering, and others.<\/p>\n

\u201cThe \u201cspoiler\u201d effects on countries\u2019 development processes are diverse, and particularly severe for fragile states: economic crime, including illicit financial flows, diverts much needed resources needed to rebuild countries\u2019 public services, from security and justice to basic social services such as health and education\u201d.<\/p><\/div>\n

\nThe EFCC chair however noted that all hope was not lost as the country, under the administration of President Muhammadu Buhari, has demonstrated commitment and political will in dealing with the issue of economic crimes through a number of legislative and institutional reforms.<\/p>\n

According to him, records show that as at August 2021, the EFCC had recorded well over 3408 convictions.<\/p>\n

\u201cFrom the time I took over as the Executive Chairman, on the 5th of March 2021, we have recovered over N6 billion, over $161 million, over \u00a313,000, \u20ac1,730, 200 Canadian dollars, CFA 373,000, \u00a58,430 and 30 Real Estates. We have arrested over 1500 internet fraudsters, many of whom are being prosecuted,\u201d he added.<\/p>\n

Bawa called on leaders across the world to rise to the challenge of fighting corruption to enhance global economic development and security.<\/p>\n

The EFCC chair said the absence of substantial improvement in the living condition of the people in Africa and other developing countries despite their natural resources endowment was due to pervasive economic crimes taking place in those countries.<\/p>\n

\u201cThe incidence of illegal mining, smuggling of goods, tax evasion, illegal oil bunkering, illegal arms deals just to mention but a few does not allow the government to receive the full accruals\u00a0 from the continent\u2019s vast resources that are needed for development. The revenue generated are embezzled by government officials and their collaborators in the private sector. This does not allow for economic growth and by extension a hindrance to development,\u201d he said.<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Nigeria spent over N6 trillion in combat terrorism between 2008 and now, the Chairman of the Economic and Financial Crimes Commission, Abrulrasheed Bawa, has revealed. In the same vein, the…<\/p>\n","protected":false},"author":1,"featured_media":82613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-85804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"\nFG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Nigeria spent over N6 trillion in combat terrorism between 2008 and now, the Chairman of the Economic and Financial Crimes Commission, Abrulrasheed Bawa, has revealed. In the same vein, the…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-10T19:07:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman\",\"datePublished\":\"2021-09-10T19:07:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\"},\"wordCount\":515,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg\",\"articleSection\":[\"Exclusive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\",\"name\":\"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg\",\"datePublished\":\"2021-09-10T19:07:24+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg\",\"width\":650,\"height\":350},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/","og_locale":"en_US","og_type":"article","og_title":"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman - Pointblank News","og_description":"Nigeria spent over N6 trillion in combat terrorism between 2008 and now, the Chairman of the Economic and Financial Crimes Commission, Abrulrasheed Bawa, has revealed. In the same vein, the…","og_url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/","og_site_name":"Pointblank News","article_published_time":"2021-09-10T19:07:24+00:00","og_image":[{"width":650,"height":350,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman","datePublished":"2021-09-10T19:07:24+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/"},"wordCount":515,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg","articleSection":["Exclusive"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/","url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/","name":"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg","datePublished":"2021-09-10T19:07:24+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2021\/06\/EFCC.jpg","width":650,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/fg-spent-n6trn-on-terrorism-war-lost-n5-4trn-to-tax-evasion-efcc-chairman\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"FG spent N6trn on terrorism war, lost N5.4trn to tax evasion \u2014 EFCC Chairman"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/85804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=85804"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/85804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/82613"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=85804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=85804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=85804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}