The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has called on the media to shun biases of ethnicity, religion and political affiliations in the reporting of financial crimes, stressing that the fight against corruption should transcend such considerations.
He gave the charge on Wednesday, August 17, 2022 in Abuja while declaring open a One- Day Workshop on Financial Crimes Reporting organised by the EFCC for Financial Crimes Reporters.
Bawa explained that the EFFC is making progress in securing convictions, pointing out that as at August 5, 2022, the Commission has secured 2210 convictions. “This is just ten convictions short of the 2220 convictions secured in 2021”, he said. He assured Nigerians of an improved naira exchange rate, stressing that through the EFCC’s intervention, the declining exchange rate of the naira has been reversed.
“One achievement which most of you may not easily recognise is the impact which EFCC’s intervention in the Forex market has had on the value of the naira. From well over N710 to the dollar, following the Commission’s intervention, the naira has appreciated significantly against the dollar in the parallel market, and we are not relenting in our efforts to check harmful speculative activities in the sector. I urge you to also beam your searchlights on this area as it is in our collective interests to have a national currency whose value is not subject to the whims of crooked speculators”, he said.