Tag "EFCC"

    You must hate corruption, Magu tells EFCC staff

You must hate corruption, Magu tells EFCC staff

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has described corruption as the mother of all crimes, telling the cadets who just joined the commission that they must hate it. Maintaining that every evil is rooted in corruption, Magu admonished them to always shun acts capable of compromising their official duties. He identified courage, discipline, commitment and loyalty [...]

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    Junaid Mohammed: Whoever says Boko Haram is dead is telling lies

Junaid Mohammed: Whoever says Boko Haram is dead is telling lies

Anyone who says Boko Haram has been defeated is "telling lies", Junaid Mohammed, a former supporter-turned-fierce critic of President Muhammadu Buhari, has said. President Buhari had in December 2016 declared that the stronghold of Boko Haram in Sambisa forest had fallen and the insurgents crushed. "I want to use this opportunity to commend the determination, courage and resilience of troops of Operation Lafiya [...]

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    Magu: Men more involved in corruption than women

Magu: Men more involved in corruption than women

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has stirred a gender controversy about corruption. Speaking when the executive committee of the National Council of Women Society (NCWS) paid him a courtesy visit in Abuja, Magu said corrupt tendencies are more pronounced among males than females. “Looking at the number of people that have been apprehended by the [...]

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    Court orders return of Malabu oil block, OPL 245, to FG

Court orders return of Malabu oil block, OPL 245, to FG

The federal high court, Abuja, has given the federal government control of the controversial OPL 245, pending investigation into the $1.1 billion Malabu oil deal. John Tsoho, a judge, gave the order, following an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC). The OPL245 was said to have been acquired from the federal government by Malabu Oil and Gas [...]

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    EFCC nailed me with fake documents, says Jonathan’s former aide

EFCC nailed me with fake documents, says Jonathan’s former aide

Waripamo-Owei Dudafa, a former aide to former President Goodluck Jonathan, on Monday told a federal high court in Lagos that the Economic and Financial Crimes Commission (EFCC) forced him to implicate the immediate past president. Dudafa, who is standing trial for alleged corruption, told the court that the anti-graft agency obtained statements from him under duress, and "nailed" him with "fake [...]

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    EFCC released me because ‘nothing was found on me’, says Jafaru Isa, Buhari’s ally

EFCC released me because ‘nothing was found on me’, says Jafaru Isa, Buhari’s ally

Jafaru Isa, a retired general and President Muhammadu Buhari’s ally, has claimed tha the Economic and Financial Crimes Commission (EFCC) released him because it found nothing incriminating on him. Isa, who spoke for the first time on the matter, described the allegation that he received a part of funds for arms purchase from Sambo Dasuki, former national security adviser (NSA), as [...]

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    Diezani: l didn’t steal Nigeria’s money… we all make mistakes

Diezani: l didn’t steal Nigeria’s money… we all make mistakes

Diezani Alison-Madueke, former minister of petroleum resources, says every human being makes mistakes, but one error that can never be ascribed to her is stealing. Accusing the Economic and Financial Crimes Commission (EFCC) of taking advantage of her silence, the ex-minister said she was prepared to face trial as long as due process is taken into consideration. The commission has leveled many [...]

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    EFCC ‘opens’ investigation into ‘diversion’ of N500m Chibok safe school fund

EFCC ‘opens’ investigation into ‘diversion’ of N500m Chibok safe school fund

The Economic and Financial Crimes Commission (EFCC) has commenced investigation into the alleged missing N500m earmarked for the Chibok Safe School Initiative. The Socio-Economic Rights and Accountability Project (SERAP) said the EFCC confirmed that it was looking into the petition requesting the anti-corruption body to “urgently begin a thorough, transparent and effective investigation into allegation that N500 million Safe School funds [...]

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    Fraud convict collapses in court before sentencing

Fraud convict collapses in court before sentencing

Adaoha Ugo-Ndagi, a convicted fuel subsidy fraudster, on Friday collapsed in court before she was sentenced. Ugo-Ndagi, managing director of Ontario Oil and Gas, and Walter Wagbatsoma, an oil marketer, were convicted of eight counts of fraud. The duo forged documents to receive N1.9bn from the government for petroleum products they did not supply. Delivering her judgment, Lateefat Okunnu, justice of the Lagos [...]

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    Saraki: Do I look like someone who would sacrifice Ndume for peace?

Saraki: Do I look like someone who would sacrifice Ndume for peace?

Senate President Bukola Saraki has dismissed the reports that Ali Ndume was replaced as majority leader of the senate in order to allow peace reign in the upper chamber of the national assembly. On Tuesday, the All Progressives Congress (APC) in the senate nominated Ahmad Lawan, a lawmaker from Yobe, to take over from Ndume. Addressing state house correspondents after a closed-door [...]

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    EFCC asks court to remand Shema, ex-Katsina gov, in prison

EFCC asks court to remand Shema, ex-Katsina gov, in prison

The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned Ibrahim Shema, former governor of Katsina state, alongside three others before Ibrahim Bako, a justice of Katsina high court. He was arraigned on a 22-count charge bordering on criminal breach of trust and misappropriation of public funds. Jibrin Samuel, the agency's counsel, urged the court to revoke an administrative bail earlier given [...]

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    Diezani forfeits $153m to FG

Diezani forfeits $153m to FG

Diezani Alison-Madueke, former minister of petroleum, temporarily forfeited $153.3 million to the federal government on Friday. This was sequel to an order by a federal high court in Lagos. According to the Economic and Financial Crimes Commission (EFCC), the seized money was taken from the Nigerian National Petroleum Corporation (NNPC) and stashed in three Nigerian banks in Nigeria, in US dollars and [...]

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    Magu worships with Buhari at Aso Rock mosque

Magu worships with Buhari at Aso Rock mosque

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), joined President Muhammadu Buhari for Ju'mat service at the presidential villa in Abuja on Friday. After the prayers, the anti-graft czar exchanged pleasantries with some dignitaries before leaving. He did not hold any meeting with the president. This is the first time both men would be seen together publicly since the [...]

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    Patience Jonathan’s house raided but Police, EFCC ‘unaware’

Patience Jonathan’s house raided but Police, EFCC ‘unaware’

Some men of the Nigeria police on Wednesday evening raided the family house of Patience Jonathan, former first lady, without a search warrant. A source, who confirmed the development to TheCable,  said the house is located at Igbeti Rock Street, Maitama, Abuja. TheCable learnt that the police officers did not have a search warrant, and that house was unoccupied at the time of [...]

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    Obasanjo to Awujale: Common sense would suggest that an Oba shouldn’t lie against me

Obasanjo to Awujale: Common sense would suggest that an Oba shouldn’t lie against me

Olusegun Obasanjo, former president, has described the autobiography of Adetola Ogbagba, Awujale of Ijebuland, as a tissue of lies and untruths. In his book entitled ‘Awujale: The Autobiography of Alaiyeluwa Oba SK Adetola Ogbagba’, the Oba wrote that Mike Adenuga, chairman of Globacom, was caught in the crossfire of the Obasanjo-Abubakar fracas. He said the former president deliberately used the Economic and [...]

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    Reports of Magu’s sack speculative, says Garba Shehu

Reports of Magu’s sack speculative, says Garba Shehu

The presidency has dismissed reports of the sack of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), as "speculative" and "preemptive." Reacting to the reports, Garba Shehu, spokesman to President Muhammadu Buhari, said the presidency was yet to receive any report on the said sack from Abubakar Malami, attorney-general of the federation. "We are reading reports that the [...]

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March 25, 2019USDGBPEUR
INTERBANK306397354
LAGOS380478402
KANO375477498
PH380478498
ABUJA375476400
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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