Financial crimes in public, private space now national embarrassment – President CRAN

Financial crimes in public, private space now national embarrassment – President CRAN

 

 

 

 

 

Earlier, in his welcome remarks, the President of the Crime Reporters Association of Nigeria (CRAN), Mr. Lekan Olabulo, has frowned at the rate at which crime is increasingly committed in public and private space, insisting that the act is now becoming a thing of embarrassment to the nation.

Olabulo who lampooned corrupt public office holders, noted that those involved in syphoning the common wealth of the nation should remember that they are not insulated from being probed.

The President of CRAN, disclosed that the annual lecture cum.award series, which he said started about 30 years ago, has become a veritable platforms through which suggestions are made on how best relevant agencies and other stakeholders could tackle the menace of insecurity, bedeviling the nation.

” Outside the corridor of governance, many Nigerians particularly the youths are engaged in financial crimes such as internet fraud commonly referred to as Yahoo, Yahoo and other illicit financial businesses

” Inspite of the existence of laws to check crime in Nigeria, more youths are enlisting in the Yahoo Yahoo business with such conviction that what they are doing is illegal.

“Yahoo, Yahoo or cybercrime has come to be generally accepted by most parents as if it is a legitimate business and many communities are now in competition over the number of youths who have acquired humongous wealth through Yahoo, Yahoo”, CRAN President beamoned.

Olabulo hinted that the annual lecture cum.award series started about 30 years ago has become veritable platforms through which suggestions are made on how best the relevant agencies and other stakeholders could tackle the menace of insecurity, bedevilling the nation.