EFCC to Rehabilitate Yahoo Boys for future purpose

The acting chairman, Economic and Financial Crimes commission, (EFCC) Ibrahim Magu, indicated the readiness of the agency to rehabilitate internet fraudsters popularly known as Yahoo Boys.

Magu who said this while delivering a lecture titled “Strategic change administration and innovation to curb corruption in Nigeria” at the third All Administrators National Conference of the Chartered Institute of Administration said Internet fraudsters could be useful to the agency in future.

Magu also said EFCC had secured collaboration with ECOWAS member-states to aid in prosecution of cross-border crimes.

“So if you carry money from Nigeria and escape to Ghana, we will just call the men in Ghana and say, ‘arrange this man and keep him for me.

“This is what the Yahoo-Yahoo boys like to do. But we are planning to rehabilitate them because they can be useful to us in future.”

According to Magu, the anti-graft agency had been able to secure 614 convictions between January and September.

He attributed this to the increase in the agency’s zonal offices from seven in 2009 to 18 in 2018.

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