‘Yahoo-Yahoo’ boys can be useful to us, Says EFCC Boss Magu

The Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, says the agency is planning to rehabilitate young people who are engaged in Internet fraud, popularly known as ‘Yahoo Yahoo’ boys.

Ibrahim Magu Magu stated this in Lagos, on Thursday, while delivering a paper titled, ‘Strategic change administration and innovation to curb corruption in Nigeria,’ at the third All Administrators National Conference of the Chartered Institute of Administration According to him, Internet fraudsters could be useful to the agency in future.

While speaking on collaboration between the Nigerian graft agency and other nations, Magu said EFCC had secured collaboration with ECOWAS member-states to aid in prosecution of cross-border crimes.

He stated, “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.” (Vanguard)