Magu Released From Detention

The suspended chairman of the anti-graft agency, EFCC, Ibrahim Magu, has been released. By Kunle Sanni Mr Magu was released on Wednesday evening. He was arrested last week Monday and has been detained by the police since then. He has been appearing before a presidential panel investigating allegations of corruption and insubordination levelled against him by Abubakar Malami, Nigeria’s justice minister. Details later… Continue reading Magu Released From Detention

Magu: I’ve Not Faced The Panel For Days Or Seen Copy Of Allegations Against Me

Ibrahim Magu, suspended chairman of the Economic and Financial Crimes Commission (EFCC), says he has not appeared before by the Presidential Committee on Audit of Recovered Assets (PCARA) for days. He said he last appeared before the panel about a week ago. Wahab Shittu, counsel to Magu, disclosed the concern of his client in a letter written and submitted to the panel on Wednesday. Magu … Continue reading Magu: I’ve Not Faced The Panel For Days Or Seen Copy Of Allegations Against Me

UK Coalition Writes Buhari, Says International Community Concerned Over Magu

Three foreign anti-corruption groups say the exit of Ibrahim Magu as acting chairman of the Economic and Financial Crimes Commission (EFCC) “may erode the recent gains in the fight against corruption”. By Bolanle Olabimtan They said what is going on in Nigeria “is of concern to the international community”. Magu was arrested few days ago, and is currently being probed over allegations of gross misconduct. … Continue reading UK Coalition Writes Buhari, Says International Community Concerned Over Magu

Anxiety In The EFCC As 12 EFCC Directors Just Got Suspended

About 12 directors and top staff of the Economic and Financial Crimes Commission (EFCC) have been suspended with immediate effect. By Yusuf Alli The notice of suspension was communicated to the Acting Chairman of the Commission, Mr. Mohammed Umar, on Tuesday night by the Office of the Attorney-General of the Federation. The action was said to be in connection with the ongoing investigation of the … Continue reading Anxiety In The EFCC As 12 EFCC Directors Just Got Suspended

It’s False, Magu Couldn’t Have Stolen Interest On Looted Funds – Says Lawyer And EFCC Officials

Forfeited funds recovered by the Economic and Financial Crimes Commission (EFCC) are not kept in interest-yielding bank accounts, contrary to recent reports against the suspended chairman, Ibrahim Magu, his lawyer has said. By Kunle Sanni The News Agency of Nigeria on Saturday quoted a report of a committee which audited recovered assets, accusing Mr Magu of stealing the interest on looted funds kept in some bank accounts. … Continue reading It’s False, Magu Couldn’t Have Stolen Interest On Looted Funds – Says Lawyer And EFCC Officials

Magu: My Anti-Anti-Corruption Focus Won’t Shift — Buhari

President Muhmmadu Buhari has assured Nigerians that his administration would not shift focus off his anti-corruption campaign. By Bolaji Ogundele, Abuja Buhari, who doubles as African Union (AU) Anti-Corruption Champion in Africa, said most of the piles of corruption cases the administration had been dealing with were passed down from previous administrations. The President, who spoke through his Senior Special Assistant on Media and Publicity, … Continue reading Magu: My Anti-Anti-Corruption Focus Won’t Shift — Buhari

Op-Ed | Malami, Magu And The Turmoil In EFCC

On the surface, the arrest, detention and grilling of former Economic and Financial Crimes Commission (EFCC) chairman, Ibrahim Magu, should underscore President Muhammadu Buhari’s commitment to the war against corruption and emboldened respect for the rule of law. Orchestrated almost wholly by the Justice minister and Attorney General of the Federation (AGF), Abubakar Malami, the detention and grilling of the EFCC boss represent his firmer … Continue reading Op-Ed | Malami, Magu And The Turmoil In EFCC

Why Magu Was Suspended — President Buhari

President Muhammadu Buhari has reacted to the ongoing investigation of the suspended Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. Buhari in a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, explained why he approved the suspension of Magu from office. “A series of documented allegations were made against the Ag. Chairman of the Economic and Financial Crimes … Continue reading Why Magu Was Suspended — President Buhari

NFIU Office Burgled, As Panel ‘Links’ Magu To Kaduna BDC

Unknown persons have allegedly bugled the new office of Nigerian Financial Intelligence Unit, NFIU, and destroyed computers containing sensitive information, just as the presidential panel probing Magu expected him to respond to an NFIU discovery that he allegedly has a connection with a Kaduna-based bureau de change, BDC. The presidential probe panel investigating corruption allegations against Magu, the suspended acting Chairman of Economic and Financial … Continue reading NFIU Office Burgled, As Panel ‘Links’ Magu To Kaduna BDC