The former Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has unveiled a new book titled “The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud”.
This was announced in a statement by Vic Akinrogunde,
CableBooks, an imprint of Cable Media & Publishing Ltt.
The statement said that the book provided a detailed account of Nigeria’s multi-trillion-naira fuel subsidy scandal, revealing the inner workings of one of the country’s most pervasive financial crimes.
”Bawa explains how these practices were enabled by forged documents, weak regulatory oversight, and systemic collusion between corrupt government officials and private sector actors.
”The book is not just a chronicle of fraud but a call to action, demanding transparency, accountability and reform in Nigeria’s public finance management, especially in the oil sector.
”Bawa’s book is essential reading for policymakers to enable them understand the complexities of the scandal and develop effective policies to prevent similar frauds, ” the statement said.
It added,” The book will also enable
Civil Society Advocates to inform their advocacy efforts and push for greater transparency and accountability.
”It will also help journalists to provide a deeper understanding of the scandal and its implications as well as make citizens to understand how systemic fraud undermined development and how it can be confronted.
“The Shadow of Loot & Losses” is published by CableBooks, an imprint of Cable Media & Publishing Ltd, and is distributed nationwide by RovingHeights Bookstore.
”The book offers evidence-based analysis and personal reflections on one of the most controversial chapters in Nigeria’s recent history.”
