Showing posts with label diversion. Show all posts
Showing posts with label diversion. Show all posts

Monday, March 17, 2025

Corruption in Nolllywood: The Diversions and Misappropriations of Grants and Loans in the Nigerian Film Industry

 


Corruption in Nolllywood: 

The Diversions and Misappropriations of Grants and Loans in the Nigerian Film Industry

The socioeconomic, sociocultural and political institutionalization of corruption in Nigeria has done collateral damage to the Nigerian society with widespread administrative incompetence in public service and political corruption is the cause of the maladministration in the Nigerian government.

Political corruption is the anathema of democracy and good governance in Nigeria with brazen corrupt practices from the local government to the Office of the President; from Alausa to Abuja. Every workplace is infected of the virus of the epidemic of corruption with corrupt and incompetent public officials posing and posturing as Smart Alecs, but they disregard the values and virtues of dignity, integrity and nobility.
There is widespread culture of conceit and deceit in the Nigerian society. Being fraudulent is no longer shocking!

Corruption is now widely reported in the Nigerian entertainment industry with several cases of unprofessional sharp practices during film and TV productions.
The entertainment industry has become a conduit for money laundering in the camouflage of international events and productions used for illicit transfers of funds and tax evasions.
We should not sweep the corruption in the entertainment industry under the red carpet.
Fraudulent activities should be exposed and reported no matter the rank and file of the entertainers and their sponsors.

The Diversions and Misappropriations of Grants and Loans in Nolllywood and the Nigerian Film Industry by  filmmakers with questionable integrity.

The recent statement by popular Nigerian comedian and film/TV producer, Bright Okpocha popularly known as "Basketmouth" that several millions of dollars given to some of the selected Nigerian filmmakers by Netflix for film productions were diverted and misappropriated (https://www.vanguardngr.com/2024/12/netflix-they-spend-10-on-movie-use-others-to-buy-cars-houses-basketmouth-slams-nollywood-producers) did not surprise me, because there have been previous reports on corrupt practices of filmmakers in Nigeria.
I have been informed about diversions and misappropriations of grants and loans for film and TV productions by the beneficiaries since 2001 to date.
The funds provided as soft loans with low interest rates by the Ecobank were misappropriated. The AccessNolly Fund of the Access Bank and NollyFund of the Bank of Industry (BoI) of Nigeria were diverted and misappropriated and the grants from the Project ACT Nollywood were also misappropriated by some of the beneficiaries. The film productions were compromised, badly done or abandoned.

A former Regional Audio-visual Attache at the French Embassy in Nigeria knew that some of the funds from the Fonds Images Afrique grants given for a short documentary film on Lagos and two other productions were diverted and misappropriated
See Nollywood and the French Connection on
https://nigeriansreportng.blogspot.com/2022/06/nollywood-and-french-connection.html

He gave me the details and I watched the documentary film.
"This is not Lagos", I said and smirked. But I did not report the disclosures. The same Regional Audio-visual Attache later told the director of the documentary film that he suspected me of being an American spy. I was amused.
I laughed and dismissed the suspicion. I have been identified sitting with certain Americans and a prominent Ghanaian politician on exile in Nigeria during an official meeting for a family planning project in Nigeria at the Eko Hotel and Suites on Victoria Island in Lagos, Nigeria. One of the Americans who was my namesake then was later accused of spying for the Central Intelligence Agency (CIA) in Ghana by the military regime of Jerry Rawlings in the 1980s. I was only contracted as a public health illustrator through the United States Agency for International Development (USAID).
I have stopped communication with this French Regional Audio-Visual Attache who was later transferred to Burundi.
He told me that a particular young filmmaker misappropriated the funds given to him and used only the remainder to produce a feature that they rejected. But his colleague who did not misappropriate funds produced a good mystical romantic drama that was accepted by Canal France International in 2009 and broadcast to all television channels in French-speaking Africa under the title "La Métamorphose".

The details of the cases of the diversions and misappropriations, including the filmmakers involved are available.


- - by Ekenyerengozi Michael Chima,
The Publisher/Editor,
NOLLYWOOD MIRROR® Series,
First book series on Nollywood and the Nigerian film industry.
Distributed by Amazon, Barnes and Noble and other booksellers.

#corruption
#nollywood
#filmmaking
#filmmakers
#movies
#documentary
#netflix
#entertainment
#filmindustry
#profuction
#moneylaundering
#tax
#canalplus
#nigeria
#images
#banks
#loans
#grants
#funds
#america
#french