EFFC Boss Hails Tinubu Over NELFUND Innitiatives
Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), had praised President Bola Ahmed Tinubu for his idea on the Nigerian Education Loan Fund (NELFUND), characterizing it as a policy problem to combat corruption.
On Tuesday, August 13, in Abuja, he delivered the praise while meeting Mr. Akintunde Sawyerr, NELFUND’s managing director and chief executive officer.
Olukoyede noted that a major contributing reason to corruption has always been the inability of many parents to pay for their children’s education, leaving kids open to financial and economic crimes of various kinds.
This inducement to corruption, he said, would no longer stand with the.
” One of the main incentives to cybercrimes is the inability of parents to fund the education of their children. NELFUND is a policy issue against crimes. President Tinubu should be commended for initiating the Fund”, he said.
Olukoyede called on the management team of
NELFUND to be sensitive to the trust reposed in them warning that the EFCC would leave no stone unturned to achieve transparent handling of the fund.
” Let your hands be clean. I repeat, let your hands be clean. The work entrusted to you is going to help the EFCC fight corruption. Let your systems and processes be transparent” he said
He further explained his desire for accountable handling of NELFUND was informed by passion for transparency and not any threat of any kind.
He vowed that the EFCC would do everything to prevent the re-looting of the fund.
” I will fight to ensure that money pooled together to support NELFUND is not re-looted.
We want your management to be giving reports of your disbursement to the EFCC”.
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