• Fri. Apr 19th, 2024

Cybercrime, Illegal Mining, Major Threat To Economic Development – EFCC

The Economic and Financial Crimes Commission (EFCC) says the involvement of undergraduates and fresh graduates of tertiary institutions in cybercrime is a threat to economic development in states and the country in general.

Acting Executive Chairman of the EFCC, Mr. Abdulkarim Chukkol, stated this while speaking at a one- day training organised by the Commisssion for media professionals in Ilorin ,the Kwara state Capital.

Represented by the Ilorin zonal head of the anti-graft agency, Michaels Nzekwe, the EFCC acting chairman also expressed worry over the activities of Illegal minners in different parts of the country.

He said activities of illegal solid mineral operators posed grave threat to local and national economy, through non-payment of royalties, taxes and other dues.

The EFCC boss said the commission had been active in tackling activities of cybercrime offenders , illegal minners and other economic saboteurs .

Mr Abdulkarim advised Nigerians to move against all forms of economic and financial crimes to make the society better.

He charged the nation’s journalists to remain patriotic and expose every shadiness and criminal acts through their reporting.

In his paper presentations, titled, “New trends in cybercrime: how not to become a victim” by Alex Ocheme of the EFCC, the commission said that cybercrime had eaten over $8 trillion of victims’ hard earned finances in the world.

He said legal bottleneck is one of the factors hindering cross border corruption investigation in the anti-corruption war.