The Pursuit of Good Governance and the Anti- Financial Corruption Blitz in Nigeria: a Study of the Economic and Financial Crimes Commission (EFCC) (2003-2016)
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Asian Research Journal of Arts & Social Sciences 2(4): 1-16, 2017; Article no.ARJASS.32115 ISSN: 2456-4761 SCIENCEDOMAIN international www.sciencedomain.org The Pursuit of Good Governance and the Anti- Financial Corruption Blitz in Nigeria: A Study of the Economic and Financial Crimes Commission (EFCC) (2003-2016) Otu Offiong Duke 1 and Dickson David Agbaji 2* 1Department of Public Administration, University of Calabar, Calabar, Nigeria. 2Department of Political Science, University of Calabar, Calabar, Nigeria. Authors’ contributions This work was carried out in collaboration between both authors. Both authors read and approved the final manuscript. Article Information DOI: 10.9734/ARJASS/2017/32115 Editor(s): (1) Ana Sofia Pedrosa Gomes dos Santos, Department of Education, Social Sciences, and Humanities, University of Lisbon, Portugal. Reviewers: (1) Abdullahi Shehu, National Open University of Nigeria, Abuja, Nigeria. (2) Afsin Sahin, Gazi University, Turkey. Complete Peer review History: http://www.sciencedomain.org/review-history/18552 Received 9th February 2017 th Review Article Accepted 12 March 2017 Published 7th April 2017 ABSTRACT The study examines the extent to which the Economic and Financial Crimes Commission (EFCC) has been able to tackle financial corruption and its gangrenous effects in Nigeria between 2003 and 2016. The study relied on systematic qualitative content analysis of secondary sources of data, and the strain theory was adopted as the tool of analysis for the study. A cursory thrust into the political culture of corruption in Nigeria’s history revealed that even with the establishment of anti-graft agencies and legislations by the distinct administrations, financial corruption has, nevertheless, continued to wax stronger and escalate like wildfire. The paper argues that corruption has been perpetrated with impunity, that there exists a porous intelligence base in the pursuit of financial corruption cases, that unnecessary politicking by the government and the elites limits the EFCC’s effectiveness, and that the existence of the immunity clause, plea bargain and judicial redtapism and misconducts short-changes the pursuit of the rule of law and the delivery of justice which, in turn, hamper on the anti-graft war of the EFCC. The paper, therefore, recommends the pursuit of good governance and genuine political will in the anti-graft war, incorporation of a strong scientific base in the investigation and persecution of financial corruption cases, and granting the EFCC autonomy to operate freely but under specific legal codes. _____________________________________________________________________________________________________ *Corresponding author: Email: [email protected]; Co-author: Email: [email protected]; Duke and Agbaji; ARJASS, 2(4): 1-16, 2017; Article no.ARJASS.32115 Keywords: EFCC; financial corruption; good governance; anti-graft war. 1. INTRODUCTION 1.1 Statement of the Problem It has been over half a century since her The issue of corruption in Nigeria, believed to be independence from Great Britain, yet even after systemic, endemic, pervasive, and a significant attaining self-governance and despite the vast contributor to increased inequality and sluggish amount of human and material resources at her economic growth, has attracted national, regional disposal, Nigeria has not been able to achieve and international concerns. This arises because, sustainable human and economic development, ideally, Nigeria, one of the most natural and steady growth and progressive change, and human resources endowed nations on earth, more than 70% of her inhabitants are still living in ought to have been highly developed. But the poverty and are devastated by terrorism and reverse is the case where the Nigerian state is diseases. This is as a result of the fact that the flawed with poverty, graft and a maddening existence of corruption in the society is a central disregard for accountability and transparency; threat to the politico-economic development of resulting in individuals devising schemes to loot the nation as evident in the annual corruption the treasury in what can be termed “the sharing reports by Transparency International (TI). To of the National Cake syndrome”. Also, the solve this pervasive phenomenon, corruption, high level of corruption in Nigeria is epitomized attempts by different successive political in Nigeria’s consistently poor scores in leaderships at different times in the nation’s Transparency International (TI) Corruption history have been made. Notably in 2003, former Perception Index (CPI) and this reduces both President, Chief Olusegun Obasanjo, created the foreign and local investments and the integrity of Economic and Financial Crimes Commission the government in its supposed war against (EFCC) to help in the fight against corruption. “Its corruption. For instance, Nigeria ranked 136 th out establishment”, [1] writes, “was meant to satisfy of 175 countries in TI’s 2014 and 2015 one of the conditions of the International assessments. This translates to the fact that Financial Action Task Force (FATF) to remove there are no signs of improvement. More so, the Nigeria from the list of countries associated with EFCC’s anti-graft war has been debased by a corruption in international financial transactions”. number of factors like politicking, immunity, and This agency, though it has been criticized by a judicial redtapism and misconducts, and if this is number of critics as well as being applauded by not properly checked, the agency would become some apologists, has since been adopted by a double tragedy: a medium via which opponents successive administrations in the Fourth are fought or intimidated; and a safe haven for Republic. In fact, the distinct administrations elites of all works of life. In this vein, the country within this period declared a zero-tolerance on is in an appalling state because of the menace of corruption through the medium of the rule of law corruption which has extended its tentacles and through the EFCC. Yet, as [2] noted, there across the entire gamut of our society and are reasons to be apprehensive of their ability consuming everything in its path like wild fire. like other governments before them, to combat corruption going by their body languages and 2. LITERATURE REVIEW actions. 2.1 Corruption It is worth reiterating that corruption in Nigeria is systemic and the Nigerian state has suffered Corruption means so many different things to so immensely as a result. To that extent, therefore, many different people at different times and this piece delves to undertake an assessment of places. This is, inter alia, attributable to its the impact of financial corruption on the Nigerian multidimensional nature as it carries political, state and the efforts of the EFCC in combating economic, social, cultural, religious, ideological corruption in Nigeria; to know whether corruption and/or historical outlooks, as well as to has been fought or institutionalized; to determine the existence of laws, regulations and systems the adverse effects of corruption on the of sanction. For instance, corruption, development of Nigeria; and to identify factors etymologically, is traceable to the Latin word, that impede on the performance of the EFCC. It “corruptus” translated to mean “to destroy, rot, or is our aim that we add to the debate on the spoil”, and/or, as Waziri cited in [1] stated, the effectiveness of the anti-graft war undertaken by Greek word “corropius”, meaning “an aberration the EFCC. or misnomer”. Sorkaa defined corruption as an 2 Duke and Agbaji; ARJASS, 2(4): 1-16, 2017; Article no.ARJASS.32115 unethical or deviant behaviour. It connotes an corruption which borders on undue financial erosion of ethics and accountability [3]. For advantage and on the usurpation of economic Usman Yusuf, corruption means the deliberate opportunities. In this vein, it can be said that violations, for gainful ends, of standards of financial corruption marks a total deviation from conduct legally, professionally, or, even ethically the original status-quo of all activities in both the established in private and public affairs. These public and private spheres motivated especially gains may be in cash, or, kind, or, it may even be by economic benefits. For the purpose of this psychological, or political, but they are made study, therefore, the definition is provided thus: from the violation of the integrity of an entity and “financial corruption refers to all forms of involve the subversion of its quality and capacity unethical behaviour, malfeasance and any illegal [4]. Also, J.S. Nye saw corruption as the use of power in both the public and private behaviour which deviates from the formal duties domains, spanning from the giving and of a public role because of private (gains) acceptance of monetary rewards, the regarding personal, close family, private clique, concealment of funds and assets obtained pecuniary or state gain; or a behaviour which illegally, to other non-monetary benefits (that violates rules against the exercise of certain usually border on political and economic types of duties for private gains regarding decision-making), for individualistic, family or influence [5]. This definition includes such group gains which will alter the ethos that behaviour as bribery (payments made so as to condition authoritative positions, procedures and gain an advantage or to avoid a disadvantage), legal systems of sanction”. nepotism (unfair practice by a powerful