Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), says corruption thrives in any society that glorifies shortcuts to wealth instead of the right values and beliefs.
In a foreword to a new book, ‘Crime Is a Bad Market’,
Olukoyede said the EFCC is working towards tackling the beliefs and attitudes
that make crimes seem acceptable in the society.
The book is authored by Tayo Folorunsho, a media
entrepreneur and founder of Edutainment First International Ltd.
In the foreword, the EFCC chairman said the book aligns
directly with the core mandate of the anti-graft agency and reinforces its
evolving approach to tackling corruption at its roots.
Olukoyede said financial crimes persist because society has
normalised narratives that frame wrongdoing as smart and profitable, not
because of weak laws or institutional failure.
He said the book is written at a time when shortcuts to
wealth have gained dangerous appeal, noting that illicit success is too often
celebrated in public spaces.
“The commission is focused on breaking the siege of
corruption to stimulate growth in the economy,” he said.
“The EFCC has long understood that the fight against
economic and financial crimes is not merely a legal obligation; it is a moral
crusade.
“Our battle is not only against offenders but against the
ideas, narratives, and cultural mindsets that make wrongdoing appear rational,
even aspirational.
“It is an obvious fact that nations do not decline suddenly;
they decline gradually, choice by choice, value by value, compromise by
compromise.
“Long before a crime appears on the radar of law
enforcement, it begins as a quiet negotiation within the human mind: a moment
where principle is weighed against profit, and discipline is traded for desire.
“Crime Is a bad market is a compelling illumination of this
hidden battleground.
“What this book offers is a reorientation of thought: a
return to the foundational truth that integrity is not just virtuous but
profitable, that honesty is not weakness but strength, and that a nation’s
future is secured not only by the enforcement of laws but by the elevation of
values.”
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