Tag: Magu

PDP decries alleged move to promote indicted Magu

Aminu Imam

The Peoples Democratic Party, (PDP) yesterday described the alleged plan by the Presidency to promote the ousted acting Chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu, as outrageous despite his open indictment for corruption and abuse of office. PDP said the allegation further confirms that the President Muhammadu Buhari government “is a sanctuary of corruption”. According to the PDP, it is a direct slap on the sensibilities of Nigerians that the Buhari administration is planning to promote Magu to Assistant Inspector-General of Police, despite being indicted in…

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CCB to prosecute Magu over dormant account, P/Harcourt property

Aminu Imam

Barring any hitches, the Code of Conduct Bureau (CCB) will arraign Ibrahim Magu, the suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), before the Code of Conduct Tribunal (CTC) any moment from now, an online platform, The Cable,reported yesterday. It said that according to sources, Magu is to be prosecuted for allegedly failing to list a bank account in his asset declaration form. It was learnt that the First Bank account had not been operated by Magu for five years and gone dormant. The CCB has also listed…

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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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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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Malami in web of N300m mansion purchase scandal

Ishaku Yohanna

Nigeria’s Attorney-General and Minister of Justice, Abubakar Malami, has denied reports in the media that he bought a mansion worth N300million for his newly married son in Abuja.   An online newspaper, not Voice of Liberty, had published a report on Friday claiming that the Minister of Justice had gifted his eldest son, AbdulAziz, who wedded on Saturday, the alleged N300million Abuja mansion. The newspaper also alleged that Malami’s son, Abdul Aziz, who graduated from a university in Cyprus in 2018, is known among his circle to lead a flamboyant…

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Nigeria may explode if Magu decides to open up – Bamgbose

Ishaku Yohanna

There are some “powerful forces” who would want Ibrahim Magu dead, following his suspension as acting Chairman of the Economic and Financial Crimes Commission (EFCC), a lawyer has alleged. Olusegun Bamgbose said Magu has secrets that may shake Nigeria’s foundation and make many heads to roll. “The directive to thoroughly investigate Magu by the Presidency is commendable,” said Bamgbose, who is also the National Coordinator of the Concerned Advocates for Good Governance (CAGG), in a chat with Daily Post. “The truth, however, is that if Magu decides to open up,…

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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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