Monday, June 14

Tag: Ibrahim Magu

I Asked God To Disgrace Magu Out Of Office For Detaining Me – Monday Ubani
Politics

I Asked God To Disgrace Magu Out Of Office For Detaining Me – Monday Ubani

Monday Ubani, a former vice-president of the Nigerian Bar Association (NBA), says he prayed for God to disgrace Ibrahim Magu out of office for keeping him in detention for 23 days against a court order. Magu, former acting chairman of the Economic and Financial Crimes Commission (EFCC), was suspended by President Muhammadu Buhari in July 2020. He was alleged to have mishandled recovered loot and sold seized assets to his associates. Ubani, who was counsel to Ngozi Olejeme, former chairman of the Nigeria Social Insurance Trust Fund (NSITF), said Magu flouted court orders and embarked on media trial of suspects. Ubani had stood as surety for Olejeme after the EFCC declared her wanted in September 2017 over allegations of “criminal conspiracy, abuse of office, diversion of public ...
PDP, Others Criticises FG As US Alleges Massive Graft In Buhari’s Regime
News

PDP, Others Criticises FG As US Alleges Massive Graft In Buhari’s Regime

The US stated this in the ‘2020 Country Reports on Human Rights Practices,’ released on Tuesday, but made available to The PUNCH on Wednesday. In their separate reactions on Wednesday, the opposition Peoples Democratic Party and a former President of the Committee for the Defence of Human Rights, Malachy Ugwumadu, berated the regime of Muhammadu Buhari. Expressing concern about corruption in Nigeria, the US, in the report, stated that it was widespread and pervasive at all levels of government, including the judiciary and security services. Against the backdrop of President Muhammadu Buhari regime’s anti-graft stance, the US Department of State, which authored the report, said there were numerous allegations of government corruption last year. It cited the arrest and in...
Court Summons Malami, Magu To Testify In Maina’s Trial
Politics

Court Summons Malami, Magu To Testify In Maina’s Trial

A Federal High Court in Abuja has issued a subpoena compelling the Attorney General of the federation, Abubakar Malami and former chairman of the EFCC, Ibrahim Magu, to testify in the ongoing case against former chairman of the Pension Reform Task Team, Abdulrasheed Maina. The subpoena signed on 8th March by presiding Judge Justice Okon Abang, ordered 10 persons to come before the court on 9th,10th and 11th March to testify in Mr Maina’s defence. Others who were also subpoenaed include Femi Falana, M. Mustapha, Hassan Salihu, Mohammed Wakil, G.T Idris, Kenneth Amabem, Ibrahim Kaigama and the director of compliance, Central Bank of Nigeria. The first defence witness in the case, Ngozika Ihuoma, had alleged that Mr Magu misappropriated 222 properties worth N1.63 trillion recovered...
EFCC asks CCB to produce Tinubu’s asset declaration form as probe deepens
News

EFCC asks CCB to produce Tinubu’s asset declaration form as probe deepens

The Economic and Financial Crimes Commission probe of All Progressives Congress Chieftain, Bola Tinubu has taken a different turn as the anti-graft agency has asked for copies of the former Governor of Lagos state asset declaration form from the Code of Conduct Bureau.   The Peoples Gazette had first reported that the investigation into Tinubu began last year after the removal of erstwhile Chairman, Ibrahim Magu.   The letter marked CR/3000/EFCC/LS/Vol4/322, dated November 6, 2020 and addressed to the Code of Conduct Bureau, was signed by the then Lagos zonal head, Abdulrasheed Bawa who is now the Chairman of the EFCC.   It read;    “In view of the above, you are kindly requested to furnish the commission with the outstanding requested information ...
‘Justice Has Not Been Served’ – Magu’s Lawyer Reacts To Bawa’s Appointment
Politics

‘Justice Has Not Been Served’ – Magu’s Lawyer Reacts To Bawa’s Appointment

A counsel to embattled former acting chairman of the Economic and Financial Crimes Commission (EFCC) Tosin Ojaomo on Tuesday lamented that justice has not been served on Ibrahim Magu’s case. Ojaomo stated this during an interview on Channels TV – ‘Politics Today’ monitored by The Nation. The Nation reports the Ayo Salami-led presidential panel was commissioned to investigate the suspended acting chairperson of the anti-graft agency. He said: “Suddenly, no report came out, and another appointment was made… Justice has clearly not been done in this matter, to Magu, we are talking about people’s integrity, reputational damage has been done to people. “It is not just about Magu alone, there are other people at the commission that have been suspended, all these people, their int...
Ayo Olowonihi, Director Demoted By Magu Emerges Head Of EFCC Academy
Politics

Ayo Olowonihi, Director Demoted By Magu Emerges Head Of EFCC Academy

A Director with the Economic and Financial Crimes Commission, Ayo Olowonihi, has been appointed as the Commandant of the EFCC Academy, the EFCC has said. Olowonihi, who was on Grade Level 17 was suspended by the then acting Chairman of the EFCC, Ibrahim Magu, in 2015 and then demoted to Grade 16 by Magu in 2017. The aggrieved director subsequently instituted a case against the EFCC before the National Industrial Court. According to court documents, Olowonihi said Magu had on November 19, 2015, summoned him to his office accusing him of being behind some damning online publications on the activities of the commission and against the person of the chairman. He said on Magu’s directive, he was interrogated, his official computer taken away, while he two phones (MTN and GLO) we...
Politics

CCB Invites Magu Over Alleged Assets Fraud

The Code of Conduct Bureau has invited Ibrahim Magu for questioning over alleged corruption involving breach of code of conduct for public offers In a November 2, 2020, letter obtained by Peoples Gazette, Mr. Magu was asked to bring copies of all asset declarations since joining public service. Copies of appointment letter and and records of service from January to May 2020 were amongst the documents Mr. Magu was asked to bring, as well as all documents of landed properties both developed and undeveloped. The invitation came months after Mr. Magu was suspended from office as acting-chairman of the EFCC on allegations of corruption.
Oladapo Apara Sues Tinubu, To Appear Within 42 Days Over Alpha Beta
Politics

Oladapo Apara Sues Tinubu, To Appear Within 42 Days Over Alpha Beta

A former Managing Director of Alpha Beta Consulting, Mr. Oladapo Apara, has sued the company, a former Governor of Lagos State, Bola Tinubu; and the current Managing Director of the firm, Akin Doherty; before a Lagos State High Court, Igbosere. In the writ of summons marked LD/7330GCMW/2020, Apara asked the respondents to appear within 42 days or judgment may be given in their absence. Apara had in a petition addressed to the Economic and Financial Crimes Commission, accused the company of N100bn fraud but two years after, the EFCC had yet to take action. In his statement of claim, the former Alpha Beta boss said Tinubu boasted that the then acting Chairman of the EFCC, Mr Ibrahim Magu, would protect him. He wrote, “The 2nd defendant (Bola Tinubu) also warned the claimant not...
I Have Never Received Bribe All My Life – Magu
Politics

I Have Never Received Bribe All My Life – Magu

Suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Wednesday said he has never received bribe all his life. Magu was testifying before the Justice Ayo Salami panel probing allegations of corruption against him. The suspended EFCC boss said anyone who claim he had ever given him bribe should come forward before the panel to testify against him. He was responding to allegations that he allowed a suspect Hima Aboubakar, a Nigerien National to escape from justice. The suspended EFCC boss had opened his defense on Monday to clear corruption allegations against him.
I Will Gladly Testify Before Salami Panel – Malami Replies Magu
Politics

I Will Gladly Testify Before Salami Panel – Malami Replies Magu

The Attorney-General of the Federation, Abubakar Malami (SAN), says he will be glad to testify before the Justice Ayo Salami-led Presidential panel if he is summoned. He said this during an interview on Arise TV on Wednesday which was monitored by our correspondent. Malami, who is also the Minister of Justice, was reacting to a letter by the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, calling on Salami to summon the AGF. The AGF said he had nothing to hide and would not hesitate to give the Salami-led panel the full cooperation if need be. Responding to a question, Malami said, “So, if indeed the Ayo Salami panel invites Abubakar Malami as a person or the AGF in the person of Abubakar Malami for any testimony, for any clarificati...
Summon Malami To Face Panel – Ex-EFCC Chair, Ibrahim Magu Fights Back
Politics

Summon Malami To Face Panel – Ex-EFCC Chair, Ibrahim Magu Fights Back

The former acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has called on the Presidential Panel investigating him for fraud and abuse of office to also summon the Attorney-General of the Federation, Abubakar Malami. The suspended Ex-EFCC chair wrote to the Presidential Panel to subpoena Malami. In the letter signed by his lawyer, Wahab Shittu, Magu stated that Malami should appear to give evidence and tender relevant documents on his memo to the president accusing him of abuse of office. POLITICS NIGERIA learned that the letter read in part: "The acting chairman of EFCC is not acting in the overall best interest of the country and the policies of this administration due to its mismanagement and lack of transparency in managing recovered assets; ...
EFCC: AGF Malami Clears Air On Conspiring Against Magu
Politics

EFCC: AGF Malami Clears Air On Conspiring Against Magu

Abubakar Malami, the Attorney-General of the Federation, AGF, and Minister of Justice, has described as false reports that he conspired with a lawyer to testify against Ibrahim Magu, the suspended Chairman of the Economic and Financial Crimes Commission, EFCC. Malami made the denial in a statement signed by his spokesman, Umar Gwandu and made available to reporters on Monday. The statement said that report about the Malami’s involvement with one Donald Wokoma was false. The statement reads: “The attention of the office of the Attorney-General of the Federation and Minister of Justice has been drawn to a flimsy allegation made by one, Victor Giwa, Esq accusing the Honourable Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN of conniving with one ...
Malami Ordered My Arrest For Refusing To Implicate Magu – Victor Giwa
News

Malami Ordered My Arrest For Refusing To Implicate Magu – Victor Giwa

A lawyer, Victor Giwa, says the Attorney-General of the Federation, Abubakar Malami (SAN), ordered his arrest because he refused to implicate the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. Giwa said this in a statement on Sunday after he was released from the EFCC custody. The lawyer was arrested alongside one Fatima Hassan last week shortly after they testified before the Justice Ayo Salami-led panel which is investigating Magu. Giwa’s former client, Donald Wokoma, who was a Director at Damijay Integrated Services, had told the panel through a sworn affidavit that his bank account was frozen by Magu unjustly and he subsequently hired Giwa to sue the EFCC. Wokoma, who is a former special assistant to Vice-President Yemi Osinbaj...
Salami Panel Asks Buhari To Fire, Prosecute Magu For Corruption
News

Salami Panel Asks Buhari To Fire, Prosecute Magu For Corruption

The presidential panel probing Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), has recommended his sack, TheCable understands. In its interim report submitted on Wednesday, the panel headed, by Ayo Salami, retired president of the court of appeal, also recommended that Magu should be prosecuted over allegations of corruption and abuse of office. Magu is also accused of violating the code of conduct law by allegedly failing to declare his assets when he assumed office in 2015. TheCable understands that the panel also recommended the appointment of a new chairman for the anti-graft agency “without further delay”. In a letter dated July 3, 2020, President Muhammadu Buhari had directed the panel to submit its “interim reports to ...
PDP Is Rejoicing Because Their Tormentor Is Out Of Office – Sagay On Magu’s Trial
Politics

PDP Is Rejoicing Because Their Tormentor Is Out Of Office – Sagay On Magu’s Trial

Prof. Itse Sagay (SAN), Chairman of the Presidential Advisory Committee Against Corruption (PACAC) has lambasted the Peoples Democratic Party (PDP) over its call for the prosecution of Ibrahim Magu, former Acting Chairman of the Economic and Financial Crimes Commission (EFCC). The PDP and some civil society organisations have been equivocal in the demand for the prosecution of Magu who is currently being quizzed by the Presidential investigative panel chaired by a former president of the Court of Appeal, Justice Ayo Salami. The PDP, in a statement at the weekend, had asked the Federal Government to begin the prosecution of Magu, saying his indictment has reinforced its position that the much-hyped war against corruption by the EFCC, under Magu’s watch, has been a huge scam by “c...
Federal Government  Suspends 12 EFCC Directors
News

Federal Government Suspends 12 EFCC Directors

The Federal government has reportedly suspended 12 directors of the Economic and Financial Crimes Commission EFCC. The suspension of the directors comes days after the Federal government also suspended the acting chairman of the commission, Ibrahim Magu, who is currently being investigated for allegations of fraud. The Nation reports that the notice of suspension for the directors was communicated to the Acting Chairman of the Commission, Mr. Mohammed Umar, by the Office of the Attorney-General of the Federation on Tuesday night July 14.
Magu quizzed over 380 houses, 7 crude oil-laden ships, N37bn assets
News

Magu quizzed over 380 houses, 7 crude oil-laden ships, N37bn assets

Suspended Acting Chairman of Economic and Financial Crimes Commission (EFCC), Ibrahim Magu was on Wednesday July 8 grilled and asked to account for 380 houses and seven vessels loaded with crude oil. He was also grilled on disposal of assets worth N37 billion by Justice Ayo Salami-led Presidential panel. The allegations were reportedly levelled against him by Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN). Vanguard reported that the panel started quizzing Magu on Monday after his arrest by detectives in Abuja. On Tuesday, he was grilled on cash discrepancies said to be N539 billion realised from the sale of seized assets and N504 billion declared by the commission. The suspended acting chairman of the anti-graft agency was grilled on the ground f...
Magu Went Rogue and Harassed Abdulsalami, Danjuma –  Olusegun Adeniyi Reveals
News

Magu Went Rogue and Harassed Abdulsalami, Danjuma – Olusegun Adeniyi Reveals

Olusegun Adeniyi, chairman of THISDAY editorial board has narrated how the harassment of two allies of President Muhammadu Buhari without his knowledge, led to the suspension and detention of Ibrahim Magu as the acting chairman of the Economic and Financial Crimes Commission. The former spokesman to late President Umaru Musa Yar’Adua said Buhari learnt about Magu’s actions, only after they had been carried out. Adeniyi also disclosed that Former Defence Minister, Lt General Theophilus Yakubu Danjuma (rtd) recent visit to the villa was borne out of rage as Magu had blocked his purchase of an aircraft. Adeniyi says he also gathered that the suspended acting chairman of the anti-graft agency also ordered the raid of the residence of Abdulsalami Abubakar, a former head of state. H...
Osinbajo denies receiving N4billion From Suspended EFCC Chairman, Ibrahim Magu
News

Osinbajo denies receiving N4billion From Suspended EFCC Chairman, Ibrahim Magu

Vice President Yemi Osinbajo has reacted to allegation of receiving N4bn from suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. The Vice President's media aide Laolu Akande who rubbished the claim, described it as lies "calculated to confuse and concocted to smear Prof. Osinbajo's image." He added that Osinbajo hasn't and will never be involved in any shady activity. The tweet read; “Inundated by wide circulation of Fake News about VP’s purported involvement in some EFCC recovery billions, please rest assured they’re all LIES: calculated to confuse and concocted to smear Prof. Osinbajo’s image. “The VP hasn’t and will never be involved in any such shady activities.”
Mohammed Umar Reportedly Takes Over as Acting EFCC Chairman
News

Mohammed Umar Reportedly Takes Over as Acting EFCC Chairman

Following the suspension of Ibrahim Magu who is being investigated over allegations of Fraud, Mohammed Umar has reportedly taken over as the acting chairman of the Economic and Financial Crimes Commission EFCC. Until this appointment, Umar was the Head of Operations at the Economic and Financial Crimes Commission and the second most senior operative at the Commission. An investigation has been launched into Magu's activities as the chairman of the antigraft agency after the Minister of Justice and Attorney General of the Federation, Abubakar Malami, wrote a letter to the President, asking for Magu's removal and accusing him of corruption including diversion of recovered funds. He was suspended on Tuesday, July 7 to allow him attend the Justice Ayo Salami panel investigating th...
Magu is a victim of power play led by Malami – Presidential committee
News

Magu is a victim of power play led by Malami – Presidential committee

The Presidential Advisory Committee Against Corruption (PACAC) has reacted to report of the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu appearing before a panel for questioning on Monday July 6.   In a statement signed by a PACAC member Femi Odekunle, it was alleged that Ibrahim Magu is a victim of power play spearheaded by the Attorney General of the federation and Minister of justice,  Abubakar Malami.   The Presidential Committee also accused Malami of taking advantage of his closeness to the president to lead an “onslaught” against Magu who resisted his demand of some high profile case files.   The statement read;   “This is a preliminary reaction of the Presidential Advisory Committee Against Corruption...
Buhari Snubs Magu, Gets Senate Confirmation For 207 Appointees
Politics

Buhari Snubs Magu, Gets Senate Confirmation For 207 Appointees

The President, Major General Muhammadu Buhari (retd.), has been able to get the 9th Senate to confirm at least 207 appointees for him in the last one year of the existence of the current Senate. The 207 already confirmed include judges, ministers, ambassadors, commissioners and heads of agencies. However, Buhari has not considered the re-appointment of the acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. Magu was appointed by the President on November 9, 2015 subject to confirmation by the Senate. But he has remained in acting capacity since then. He was rejected twice by the 8th Senate, under the leadership of Dr Bukola Saraki, based on a security report by the Department of State Services. He, however, remained in office. Saraki’s tenure a...
Buhari Considers Sack, Prosecution Of Ibrahim Magu
Politics

Buhari Considers Sack, Prosecution Of Ibrahim Magu

Barring last minute reprieve, Ibrahim Magu, acting Chair­man, Economic and Financial Crimes Commission (EFCC), may not only be on his way out of office, but also may be looking towards days of accounting for alleged infrac­tions preferred against him by Abubakar Malami, the Attor­ney General of the Federation (AGF) and Minister of Justice, Saturday INDEPENDENT can exclusively report. Impeccable presidency sources said on Friday that President Muhammadu Bu­hari had given Malami approv­al to investigate and prosecute Magu following his memo­randum, where he itemised 22 weighty allegations against the EFCC chairman, who has occupied the office for nearly five years in acting capacity. The sources said the EFCC chairman will temporarily hand over the anti-graft agency to the next mos...
We Are Probing Ex-Governors, Serving Governors, Fronts – EFCC Chairman
Politics

We Are Probing Ex-Governors, Serving Governors, Fronts – EFCC Chairman

The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu has said the anti-graft agency is investigating serving and former state governors for graft. According to him , suspects who connived with the governors were being invited for questioning. Magu, however, did not disclose the identities of those under probe , saying such would jeopardise investigations . Speaking at a press conference marking the 2020 Democracy Day in Abuja on Thursday, Magu said the agency had recovered assets in excess of N 980bn in the last five years. He also disclosed that the commission within the same period recovered a large array of non - monetary assets that include real estate, private jets, oil vessels , filling stations, schools, hotels , trucks, cars , jewellery , shoppi...
EFCC Raises Alarm On Fake Lockdown Funds
Crime

EFCC Raises Alarm On Fake Lockdown Funds

The Economic and Financial Crimes Commission, EFCC, has cautioned members of the public against fraudulent activities of spurious dispenser and manager of funds to vulnerable Nigerians, ostensibly to cope with the discomfort associated with the lockdown measures of the Federal Government in some parts of the country. The Acting Executive Chairman of the EFCC, Ibrahim Magu, who disclosed the strange development on Tuesday, April 28, 2020, added that some faceless elements are circulating ” REE N5000 LOCKDOWN FUNDS TO SUSTAIN DURING LOCKDOWN”. He said, ”The circulation of the fake funds is being carried out online through a phishing link via WhatsApp. The link is embedded with a link titled https:///free-N5000. Whenever the link is clicked, it would redirect recipients of the message...
I Still Insists Coronavirus is Caused by Corruption- EFCC Boss, Ibrahim Magu
News

I Still Insists Coronavirus is Caused by Corruption- EFCC Boss, Ibrahim Magu

Acting Chairman of the Economic and Financial Crimes Commission EFCC, Ibrahim Magu, is still insisting that Coronavirus is caused by Corruption. Last week, the EFCC boss trended after he was caught on camera making the claim. After the video went viral, the media team of his agency came out to deny he ever said that, arguing that his statement was misconstrued. Well, held a press briefing where he insisted that Cornona virus is caused by corruption. In his words The corruption viruses was a creation by a corrupt mind. Somebody actually created corruption viruses, i mean Coronaviruses. Somebody actually sat down in the lab and came up with the creation of the coronaviruses with the view to infect and destroy other people. Who else can be more corrupt than that. It is created by...
Magu Never Said Coronavirus is Caused by Corruption- EFCC Insists
News

Magu Never Said Coronavirus is Caused by Corruption- EFCC Insists

The Economic and Financial Crimes Commission, is still insisting that its acting Chairman, Ibrahim Magu, never said that Coronavirus otherwise known as Covid19 is caused by corruption. Magu trended last week after a video of him making the said comment at the commission's passing out ceremony in Kaduna, surfaced online. In the video, Magu could be heard saying “Corruption is the biggest strategy to human kind. Your Excellency, corruption is worse than all the diseases now running about. And I strongly believe, Your Excellency, that even the coronavirus is caused by corruption.” The commission initially denied the allegation. Today, the commission has issued a statement insisting that Magu never said Coronavirus was caused by corruption. In the statement titled, ‘Covid 19...
Fani-Kayode Shocked Over Magu’s Comment On Corruption, Coronavirus
Politics

Fani-Kayode Shocked Over Magu’s Comment On Corruption, Coronavirus

Fani-Kayode has expressed shock over the statement by Ibrahim Magu, the chairman of the Economic and Financial Crimes Commission (EFCC) that deadly Coronavirus is caused by corruption. The anti-graft agency boss made this statement at the passing out parade of cadets from the agency on Tuesday 18th of February 2020. The statement has led to the bashing of Magu on social media. Reacting to the statement, the former minister who expressed his shock at the statement said that he was at a loss for words. See his post below: "Corruption is the cause of coronavirus"- Magu, Chairman of EFCC. I am at a loss for words! pic.twitter.com/CuBVIwtHD2 — Femi Fani-Kayode (@realFFK) February 19, 2020
Video: Coronarvirus Is Caused By Corruption – EFCC Boss, Magu Tells Buhari
Politics

Video: Coronarvirus Is Caused By Corruption – EFCC Boss, Magu Tells Buhari

The Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, says he strongly believes coronavirus is caused by corruption. Mr Magu said this at the passing out parade of 281 cadets of the EFCC Detective Inspector Course-5, at the Nigerian Defence Academy, Kaduna, on Tuesday. He said “Corruption is the biggest strategy to human kind. Your excellency, corruption is worse than all the diseases now running about. “And I strongly believe, Your Excellency, that even the coronavirus is caused by corruption,” Mr Magu said. Coronavirus, officially named COVID-19, broke out in Wuhan in Hubei province of China in December last year. The disease has infected over 1716 medical workers in China alone and over 73,000 infected persons in 25 countries, causing not ...
Diezani Stole $2.5bn Supported by Generation of Looters and Must be Extradited – EFCC boss Magu Says
News

Diezani Stole $2.5bn Supported by Generation of Looters and Must be Extradited – EFCC boss Magu Says

The Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has insisted that former Minister of Petroleum Resources, Mrs Diezani K. Alison-Madueke must be extradited. Magu said Diezani stole a sum of $2.5 billion. He added that she has a generation of looters supporting her actions which is very bad for the country. Speaking at a press conference in Kaduna on Monday, February 17, TheCable cited Magu as saying: "I was in London this year, we did investigation together with the UK team, and anywhere I go I always call for extradition of corrupt Nigerians to return back the money. "This woman has stolen so much, not less than 2.5 billion dollars, but unfortunately she has generation of looters who are supporting her. This is not good. "We are in touch with...
Court Grants Shehu Sani N10 Million Bail
Politics

Court Grants Shehu Sani N10 Million Bail

Senator Shehu Sani has been granted Ten Million naira (N10m) bail by a Federal High Court in Abuja. Sani who represented Kaduna Central, in the 8th senate was accused of collecting money in the name of the EFCC acting chairman, Ibrahim Magu. A source familiar with the arrest told journalists that Mr Sani was arrested following a leak that he collected money from a popular Kaduna businessman to give Mr Magu. Following a conflict between him and his former in-law, a famous Kaduna car dealer, Sani Dauda, was said to have been approached by Mr Sani to help him get EFCC to dig up alleged crimes of his estranged in-law. A top source at the EFCC, who asked for anonymity as he was not authorised to speak on the matter, said Mr Sani collected $10,000 from Mr Dauda. But a source in K...
We’ll Bring Alison-Madueke Back To Nigeria To Face Justice- EFCC Boss, Ibrahim Magu, Vows
Politics

We’ll Bring Alison-Madueke Back To Nigeria To Face Justice- EFCC Boss, Ibrahim Magu, Vows

Acting Chairman of the EFCC, Ibrahim Magu, has vowed that the anti-graft agency would ensure that former Minister of Petroleum Resources, Diezani Alison-Madueke, is repatriated to Nigeria to face criminal charges against her. Magu made the vow in Ibadan, Oyo state today Wednesday, January 22nd 2020, while fielding questions from journalists during his working visit to the Commission’s Ibadan zonal office. He earlier told journalists when he was at the Ilorin Zonal Office on a working visit yesterday. He said the Commission had traced a number of criminal activities ranging from abuse of office, bribery, fraud, misuse of public funds and money-laundering to the former minister, who is currently at large to avoid questions on alleged criminal activities dotting her years as a minis...
EFCC Will Not Shield Any High Profile Corrupt Individual – Ibrahim Magu
Politics

EFCC Will Not Shield Any High Profile Corrupt Individual – Ibrahim Magu

Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, Tuesday breezed into the Ilorin Zonal office of the commission declaring that no high profile individuals involved in corrupt allegations would be shielded from prosecution. “All of them would be arraigned as soon as investigations are concluded.” Magu who arrived the zonal office at about 11.20am said ” I am here to see how my men are doing and to also see areas of improvement in the bid to ensure efficiency in the system.” He asserted that the campaign against corruption had just started noting that “more looters will be repatriated back to the country for prosecution.” Magu explained that the establishment of the Ilorin Zonal office of the agency became pertinent, due to the status of the stat...
EFCC Names Two States As Headquarters Of Money Laundering
Crime

EFCC Names Two States As Headquarters Of Money Laundering

The Economic and Financial Crime Commission EFCC, has ranked Lagos and Rivers State as the  States where Money Laundering is Predominant. The Commission has ranked Rivers State as the Second and Lagos as Number One, the Acting Chairman of the EFCC, Ibrahim Magu made this known while addressing newsmen in Port Harcourt on the gains of the anti-graft agency. Ibrahim Magu said that the rampant cases of money laundering were because of the status of Port Harcourt as an oil city. On the issue of oil theft and illegal crude oil business, the EFCC Chair, Ibrahim Magu said that the two hundred and forty four trucks impounded by the army had been put up for auction. “This place (Rivers) used to be headquarters of money laundering. This is because there is a lot of money, oil money, ...
Shehu Sani Vs Dauda: EFCC Mulls Lie Detector Test To Determine Liar
Politics

Shehu Sani Vs Dauda: EFCC Mulls Lie Detector Test To Determine Liar

As the accusations and counter-accusations continue between embattled Senator Shehu Sani and CEO of ASD Motors, Alhaji Sani Dauda, the Economic and Financial Crimes Commission (EFCC) may be inching closer to administering a lie detector test on both men. Dauda says the senator extorted $24,000 from him under the guise of helping him resolve an ongoing case with the EFCC. He said he gave Sani $10,000 in November 2019, which he said the former lawmaker promised to pass on to EFCC Chairman, Ibrahim Magu. The ASD Motors boss also accused Sani of asking for N4m to be given to Chief Justice of Nigeria, Ibrahim Tanko. However, Sani has vehemently denied the allegations, saying that the only transaction he had with ASD Motors was car purchase. However, The Nation reported, quoting ...
Magu Reacts To Fayose’s Salsa Dancing Video
Politics

Magu Reacts To Fayose’s Salsa Dancing Video

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has reacted to a video of Ayodele Fayose, dancing on a cruise ship while on a “medical trip” abroad. The special assistant on media and publicity to Mr Magu, Tony Amokeodo, on Thursday in a telephone interview with PREMIUM TIMES, said the commission is only prosecuting the former governor, not persecuting him. He added that since Mr Fayose’s trial is still on, the EFCC can only wait till he returns on the next adjourned date for the continuation of his trail. ”We are not going to react to that video (on) the grounds that the EFCC is prosecuting him, not persecuting him,” Mr Amokeodo said. ”Besides, the court granted him permission to travel abroad for medical attention. We are of the o...
Acting EFCC’s Chairman Reacted to Fayose Dancing with White Woman
News

Acting EFCC’s Chairman Reacted to Fayose Dancing with White Woman

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has reacted to a video of former Governor of Ekiti State, Ayodele Fayose dancing  with a white woman after being granted permission by the federal high court  to travel abroad for  medical treatment. Special assistant on media and publicity to Mr Magu, Tony Amokeodo told Premium Times that they won't be reacting to the video on grounds of the anti-graft agency only prosecuting the former governor and not persecuting him. He stated that they can only wait till Fayose returns on the next adjourned date for the continuation of his trial over an alleged N2.2 billion fraud. ”We are not going to react to that video (on) the grounds that the EFCC is prosecuting him, not persecuting him. ”Beside...
Politics

EFCC Arrests Shehu Sani Over “Extortion”

The Economic and Financial Crimes Commission (EFCC) has arrested Shehu Sani, former senator representing Kaduna central. An EFCC source said Sani was arrested for collecting money from a businessman, promising to pass it on to Ibrahim Magu, acting chairman of the anti-graft agency. TheCable could not independently verify this claim. But Cole Michael, an aide of the former lawmaker, said it is untrue that Sani was arrested.  
More Join Race To Replace Magu As EFCC Boss
Politics

More Join Race To Replace Magu As EFCC Boss

Two presidential aides have swelled the ranks of people bidding to replace Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu. Also, a governor in the North has withdrawn his support for Magu’s re-appointment following alleged refusal of the EFCC boss to halt ongoing investigation into some accounts of the state. It was also learnt that some lobbyists are pushing for what is now known as “Ribadu Treatment” for Magu. A former Chairman of EFCC, Mallam Nuhu Ribadu, was sent on a compulsory study leave at the National Institute for Policy and Strategic Studies (NIPPS) in 2007, demoted in August 2008 to a Deputy Commissioner of Police and frustrated out of the Nigeria Police Force. He was reinstated by ex-President Goodluck Jonathan culminating in...
Sagay Tells Buhari To Seek Senate’s Confirmation For Magu Again
Politics

Sagay Tells Buhari To Seek Senate’s Confirmation For Magu Again

The chairman of the Presidential Advisory Committee Against Corruption, Professor Itse Sagay, yesterday urged President Muhammadu Buhari to again approach the Senate to confirm Ibrahim Magu as substantive chairman of the Economic and Financial Crimes Commission. Sagay made the call in Abuja when he led other members of PACAC on a visit to the acting chairman of the EFCC, Magu. He said since Magu took over the leadership of the commission in 2015, he had demonstrated firmness and courage in the fight against corruption. He said: “The EFCC (under Magu) is a body that has surpassed every other organization, past and present, in the fight against corruption. When something is good, when you see merit, dedication, courage…I think it’s (not fair) to say you are looking for something else....
EFCC Unravels Mompha’s Lebanese Money Laundering Honcho, ‘A Big Boy’ In Lagos
Crime

EFCC Unravels Mompha’s Lebanese Money Laundering Honcho, ‘A Big Boy’ In Lagos

Hamza Koudeih is a Lebanese, resident in Lagos and steeped in money. From his $1.3million residence in Eko Atlantic Pearl Tower to his high-end automobiles. Hamza Koudeih oozes money, all of which he made doing nothing in the country but money laundering. According to investigation, he has done this to the tune of a whooping $19million. The acting Chairman of the EFCC, Ibrahim Magu, described the recent arrests of a social media celebrity, Ismaila Mustapha, popularly known as Mompha for his alleged involvement in internet-related fraud and money laundering and Koudeih, his international collaborator, as a landmark achievement of the Commission in the recent time.
The Arrest Of Mompha And Hamza Koudeih Is A Landmark Achievement – EFCC
Crime

The Arrest Of Mompha And Hamza Koudeih Is A Landmark Achievement – EFCC

Acting Chairman of the EFCC, Ibrahim Magu, has described the recent arrest of alleged internet fraudster, Ismaila Mustapha, also known as Mompha and his Lebanese accomplice, Hamza Koudeih, as a landmark achievement in the sustained fight against internet-related frauds and money laundering in the country. Magu said the arrest of Mompha and Hamza by operatives of the EFCC, bore testimony to the commitment of the Commission to the fight against internet-related frauds,. He added that “it is also a red alert to potential internet fraudsters.” Speaking during an interactive session with stakeholders at the Lagos Zonal office of the Commission on Thursday, Magu said actionable intelligence received from local and international law enforcement agencies had revealed that the suspects, along...
Mothers Of Yahoo Boys Now Forming Association – EFCC Chairman, Ibrahim Magu
Crime

Mothers Of Yahoo Boys Now Forming Association – EFCC Chairman, Ibrahim Magu

The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, lamented on Thursday that mothers of cyber fraudsters, popularly known as Yahoo boys, are now organising themselves into an association. Magu, who addressed journalists at the Lagos office of the commission in Ikoyi said such parents always justify their children’s activities with the arguments that they were supporting their families in the place of irresponsible, runaway or dead fathers. Magu said the EFCC’s interest was not just to arrest the Yahoo boys but also to see to their rehabilitation.
“Embrace Whistle-blowing Policy” – EFCC Boss, Magu Urges Nigerians
News

“Embrace Whistle-blowing Policy” – EFCC Boss, Magu Urges Nigerians

The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has called on Nigerians to help in the fight against corruption by given useful information to boost the whistle-blowing policy of the government. He gave the charge on Tuesday, September 17, 2019 at a Town Hall meeting, which held at the Banquet Hall, Arewa House, Kaduna State. The event, which was organized by Action Aid International, Nigeria, had as its theme, "Governance and Citizens Dialogue on Service Delivery". He reiterated that the whistle-blowing policy was still very much in effect, and remained one of the many ways in combating corruption, which has yielded significant results. Magu who was represented by Mailafia Yakubu, Head, EFCC Kaduna Zonal Office, however, urged them not to ...
I Contemplated Suicide Because Osinbajo, Magu Were After Me – Former AGF, Adoke
Politics

I Contemplated Suicide Because Osinbajo, Magu Were After Me – Former AGF, Adoke

A former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke, has said that he considered suicide due to alleged persecution he was subjected to after he left office in 2015. In his new book “Burden of Service” yet to be released, Adoke named Vice-President Yemi Osinbajo; acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu; and Senator Ali Ndume as some of his persecutors. Adoke said in the book obtained by newsmen: “I walked to the terrace of my rented semi-detached maisonette in The Hague, The Netherlands. I looked down. Plunging a few metres seemed to offer an instant relief instead of waiting endlessly for my vindication. “I would become totally blank to shame and sorrow within seconds. I would never have to worry abo...
Buhari To Re-present Magu To Senate For Confirmation
Politics

Buhari To Re-present Magu To Senate For Confirmation

President Muhammadu Buhari may re-present Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), to the Senate for confirmation as the substantive chairman of the anti-graft agency, Daily Independent has gathered. A presidency source who does not want his name in print disclosed this to our correspondent on Thursday. Efforts by President Buhari to get Magu confirmed by the 8th Senate led by Bukola Saraki, immediate past Senate President, were rebuffed by the lawmakers who rejected him twice, citing reports written against him by the Department of State Services (DSS). Magu took charge of the EFCC in an acting capacity following the expiration of the tenure of his former boss, Ibrahim Lamorde, in November 2015. He had presided over the affairs of...
FBI Scammers’ List: We’ve Found N486m And Arrested 28 ‘Yahoo Boys’ – EFCC Reveals
News

FBI Scammers’ List: We’ve Found N486m And Arrested 28 ‘Yahoo Boys’ – EFCC Reveals

According to Punch Metro, the Economic and Financial Crimes Commission has said that it has recovered $314,000 and N373m ( N486m in all) from suspects in connection with the Federal Bureau of Investigation probe into the list of nearly 80 Nigerians indicted for fraud. The acting Chairman of the EFCC, Ibrahim Magu, further stated that the collaboration between the commission and the FBI, led to the recovery of the funds. Magu said while the sum of $314,000 had been recovered, the sum of N373m had been traced to various commercial banks by the Lagos zonal office of the commission. He also disclosed that the recent joint operations coordinated by the commission had yielded 28 arrests, adding that 14 suspects had been charged and convicted. The EFCC chair further stated that “n...
EFCC begins investigation into $8.9billion UK court award against Nigeria over alleged breach of contract
News

EFCC begins investigation into $8.9billion UK court award against Nigeria over alleged breach of contract

Ibrahim Magu, Chairman of the Economic and Financial Crimes Commission, EFCC has disclosed that the Commission had commenced investigation into the circumstances leading to the $8.9billion arbitral award against Nigeria by a United Kingdom Court over alleged breach of gas contract agreement between it and Process and Industrial Development Limited.   Describing the process leading to the judgment as "day light robbery", Magu vowed that the Commission will forensically investigate the transaction and bring anyone one found wanting to justice.   He spoke while playing host to a delegation from the Nigerian Diaspora Commission, led by the Chairman and Chief Executive, Hon. Abike Dabiri Erewa,  who sought for collaboration with EFCC towards effective combating of cyber cr...

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