The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu says the agency is planning to rehabilitate young people who are engaged in Internet fraud, popularly known as Yahoo Yahoo boys.
Magu disclosed this while delivering a paper at the third All Administrators National Conference of the Chartered Institute of Administration in Lagos on Thursday, October 17, 2019.
According to him, the EFCC is planning to rehabilitate those arrested for engaging in internet fraud because they can be useful for the anti-graft agency in the future.
Speaking on collaboration between the Nigerian graft agency and other countries, Magu disclosed that the EFCC had secured collaboration with the Economic Community of West African States (ECOWAS) member-states to aid in the prosecution of cross-border crimes. He said:
“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.”
This is coming barely a few days after the EFCC had arrested not less than 94 suspected internet fraudsters during ‘Yahoo Boys’ party at a popular nightclub, Club Secret Underground, located along the Ibadan-Iwo expressway in Oyo State.
The arrest was reported as the most massive burst ever recorded by the agency since it intensified the crackdown on the Internet scammers.