Tag: EFCC

I’ll reply all allegations against me ‘point to point’ – Magu

Ishaku Yohanna

Ibrahim Magu, the suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, said he would not fold his arm in the face of the allegation against him, stating that he would respond to every single one of them. In a statement issued by Wahab Shittu, his lawyer, the suspended EFCC chief denied misappropriating funds recovered for the Nigerian National Petroleum Corporation (NNPC). He said the allegations against him border on matters that were never brought before the panel set up by President Muhammadu Buhari to probe the activities…

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Alleged money laundering: Court orders Diezani to surrender self for trial

Ishaku Yohanna

The Federal High Court, Abuja, on Friday, ordered former Minister of Petroleum, Diezani Alison-Madueke, to appear before it and answer to a money laundering charge filed against her by the Economic and Financial Crimes Commission (EFCC). The judge, Ijeoma Ojukwu, gave the order in a ruling on an ex-parte motion marked: FHC/ABJ/CR/208/2018 brought by the EFCC’s lawyer, Faruk Abdallah. Ojukwu ordered the issuance of summons on Mrs Alison-Madueke for her to be arraigned on the charge. The EFCC had accused the former minister of fleeing the country for the United…

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We auctioned some forfeited assets to Presidential Villa, Ministries, Agencies – Magu

Ishaku Yohanna

The suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, says some of the vehicles recovered by the EFCC were auctioned to the Presidential Villa, the Ministry of Humanitarian Affairs, Disaster Management and Social Development as well as the Federal Inland Revenue Services and other agencies. Abubakar Malami, attorney-general of the federation (AGF), had accused the EFCC under Magu of failing to properly account for recovered loot and assets. The AGF alleged that Magu sold some of the recovered assets to his associates. However, Magu, in a…

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Court orders EFCC to return Saraki’s houses

Ishaku Yohanna

The Federal High Court in Lagos has ordered the Economic and Financial Crimes Commission, EFCC, to return the two houses forfeited temporarily to the Federal Government to former Senate President, Bukola Saraki. The court on Thursday reversed its order of interim forfeiture of the Ilorin properties to the Federal Government. Justice Rilwan Aikawa ordered the release of the houses back to Saraki while, while delivering judgment on an application by the EFCC seeking to permanently forfeit the houses to the Federal Government. In December, 2019 the EFCC secured interim of…

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EFCC in fresh crisis: Aggrieved operatives reject continued use of Police officers as helmsmen

Ishaku Yohanna

The Economic and Financial Crimes Commission, EFCC, appears to be heading to fresh crisis following the ongoing probe of the now suspended Acting Chairman of the Commission, Ibrahim Magu, over multiple allegations of corruption, as some aggrieved operatives have rejected the continued use of a police officer as chairman and demanded a change. BusinessDay reports that the Police have hijacked the leadership of the Commission and trying to colonize it for past 17 years. “The commission should be open to all other security and law enforcement agencies and even credible…

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Magu failed to account for 332 recovered properties, says Presidential Panel

Ishaku Yohanna

The suspended acting chairman of the Economic and Financial Commission (EFCC), Ibrahim Magu, has again been accused of allegedly failing to give a proper account of missing 332 out of the 836 recovered real estate property in March 2018. A report by the Presidential Committee on Audit of Recovered Assets (PCARA) made available to the News Agency of Nigeria (NAN) confirmed the development, indicating that the unaccounted property was worth billions of naira. The report also noted massive wastage and deterioration of physical assets (including landed property, cars and vessels…

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We’ve been vindicated for not clearing Magu – Senator Shehu Sani

Ishaku Yohanna

Former Senator representing Kaduna central, Shehu Sani, says the arrest of Ibrahim Magu, suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), vindicates his non-confirmation as substantive head of the agency by the eighth Senate. The ex-lawmaker accused Magu of running the EFCC as a private army for persecution and witch hunt, adding that he was sustained by corrupt politicians in the ruling class. “EFCC embattled chairman arrest and probe is a commendable step by the PMB administration and the AGF Malami,” he said. “Its a vindication of…

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Magu asks IGP for bail

Ishaku Yohanna

Suspended acting Chairman of the Economic and Financial Crimes Commission EFCC, Ibrahim Magu, has written a letter to the Inspector-General of Police, IGP Mohammed Adamu, asking for bail on self recognizance. He requested for bail through a letter sent on his behalf by one of his lawyers, Oluwatosin Ojaomo, to the Police Chief on Friday, July 10. Magu has been detained at the Force Criminal Investigation Department (FCID) since Monday, July 6 when he first appeared before the Presidential Panel probing him for the allegations of misconduct leveled against him…

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EFCC: Buhari approves Umar’s appointment as Magu remains suspended

Ishaku Yohanna

President Muhammadu Buhari has approved the appointment of Mohammed Umar as the acting head of the Economic and Financial Crimes Commission (EFCC) while its long-serving acting Chairman, Ibrahim Magu, remains suspended. Magu was arrested on Monday, July 6, 2020 to answer questions before a Presidential Panel about his stewardship of the anti-graft agency. Since his arrest and detention, the Federal Government had failed to announce a temporary replacement even though his suspension had also been reported in the media without official confirmation. However, the office of the Attorney-General of the…

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