Buhari, Boko Haram and the $1 Billion SNAFU

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By Obi Nwakanma

I had in mind this week, to reflect on the Economic and Financial Crimes Commission (EFCC) and the arrest of the Chairman of Innoson Motors, Mr. Innocent Chukwuma, by the Enugu station of that commission.

President Buhari 

The uproar which Mr. Chukwuma’s arrest caused was not because the Chairman of Innoson is above the law, or that he is so innocent, he could not violate standard finance laws, especially going by the complex labyrinths of business financing, and the outlay of his investments as an industrialist of note.

The outrage was in what Nigerians quickly saw as a sustained pattern of impunity, now associated with the EFCC, which has become something of an attack dog, now for hire by private organizations like banks, who wish to intimidate their opponents or customers.

Did EFFC go after Mr. Chukwuma on inducement by the Guarantee Trust Bank? Is the EFCC…



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