Tuesday, March 24, 2020

Tag "EFCC"

    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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    Metuh vs EFCC, judges vs FG… 5 biggest court cases of 2016

Metuh vs EFCC, judges vs FG… 5 biggest court cases of 2016

Indubitably, the year 2016 was an epoch-making one in the judiciary. Landmark judgments were delivered in highly contentious cases, and a scrum of the elite felt the pangs of prosecution. For the first time in the history of Nigeria, a justice of the supreme court was brought before a lower court on charges of corruption, and a former defence chief was [...]

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    Magu ‘responds’ to Malami’s query on corruption allegation

Magu ‘responds’ to Malami’s query on corruption allegation

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has responded to a query given to him by Abubakar Malami, the attorney-general of the federation, PUNCH is reporting. On Wednesday, TheCable reported that Magu had been asked by Malami to respond to the allegations of corruption levelled against him. This is owing to the investigation President Muhammadu Buhari ordered [...]

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    Court freezes multiple accounts of Patience Jonathan

Court freezes multiple accounts of Patience Jonathan

A federal high court sitting in Lagos has ordered freezing of multiple accounts belonging to Patience Jonathan. The former first lady had earlier laid claims to $31.4 million seized by the Economic and Financial Crimes Commission (EFCC). The order given by the court followed an ex-parte motion filed by Rotimi Oyedepo, the prosecuting counsel. Oyedepo prayed that the court give an order for [...]

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    I’ll make myself available for trial, says Adoke

I’ll make myself available for trial, says Adoke

Mohammed Adoke, former attorney-general of the federation (AGF), says he will defend himself against the allegations of the Economic and Financial Crimes Commission (EFCC) over his alleged role in the Malabu oil scam. Adoke is accused of receiving over $800 million from the federation account as his benefit from the deal. But in a statement, Adoke said the money laundering charge preferred [...]

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    Ibori regains freedom ahead of confiscation trial

Ibori regains freedom ahead of confiscation trial

A UK court has ruled that former Delta state governor, James Ibori, should be released from prison on Wednesday before his confiscation trial begins, his associates have informed TheCable. Ibori was sentenced to 13-year imprisonment sentence in the UK on corruption charges in 2012. He was due for release on Tuesday having agreed to be deported after serving half of the sentence, [...]

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    Beware! I am God’s anointed, Fayose tells EFCC

Beware! I am God’s anointed, Fayose tells EFCC

Ayodele Fayose, governor of Ekiti state, has described himself as “God’s anointed”, warning the Economic and Financial Crimes Commission (EFCC) to come after him at its peril. Fayose said as things are currently, the anti-graft agency cannot prosecute any meaningful fight against corruption. “If they have studied me very well, they would have stopped running after God’s anointed,” read a statement issued [...]

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    EFCC files money laundering charge against Adoke, Etete over $1.1bn Malabu deal

EFCC files money laundering charge against Adoke, Etete over $1.1bn Malabu deal

The Economic and Financial Crimes Commission (EFCC) has filed charges against Mohammed Adoke, a former attorney-general of the federation, and Dan Etete, a businessman, for their alleged roles in Malabu $1.1 billion deal. The other defendants in the suit marked FHC/ABJ/CR/268/20 are: Aliyu Abubakar, Malabu Oil and Gas LTD, Rocky Top Resource LTD, Imperial Union LTD, Novel Properties & Dev. [...]

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    No going back on Magu’s rejection, says senate spokesman

No going back on Magu’s rejection, says senate spokesman

The senate has restated its position rejecting Ibrahim Magu as chairman of the Economic and Financial Crimes Commission (EFCC). Last Thursday, the upper legislative chamber declined to confirm the appointment of Magu as EFCC chairman, citing a security report from the Department of State Services (DSS) as the reason for its decision. However, speaking with journalists after a meeting with President Muhammadu [...]

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    Even if Magu will be rejected, it won’t come from us, says senate leader

Even if Magu will be rejected, it won’t come from us, says senate leader

Ali Ndume, majority leader of the senate, says the upper chamber of the national assembly has not rejected Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC). Addressing state house correspondents on Monday, Ndume said even if Magu will be rejected, it would not come from the red chamber. He explained that Magu’s confirmation was put on hold [...]

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    SERAP accuses senate of violating Magu’s rights, petitions UN

SERAP accuses senate of violating Magu’s rights, petitions UN

The Socio-Economic Rights and Accountability Project (SERAP) has petitioned Michel Forst, UN Special Rapporteur on the situation of human rights defenders over the “intimidation, harassment and unfair treatment” of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC). The upper legislative chamber had refused to confirm Magu’s appointment, citing a security report by the Department of State Services [...]

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    Magu, DSS, Saraki, Buhari and the intrigues of a corrupt cabal

Magu, DSS, Saraki, Buhari and the intrigues of a corrupt cabal

"The President – whoever he is – has to decide. He can’t pass the buck to anybody. No one else can do the deciding for him. That’s his job.” The prologue to this piece was part of the farewell address to the American people delivered in January 1953 by President Harry Truman. It was a categorical reference to the concept of [...]

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    Magu seeks SEC’s help in executing ‘enormous’ anti-corruption work

Magu seeks SEC’s help in executing ‘enormous’ anti-corruption work

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says collective efforts and collaboration are absolutely necessary because the workload at the anti-graft agency is enormous. He also said accountability, probity and transparency were crucial in the protection of investments. Magu made this known when a management team of the Securities and Exchange Commission (SEC) visited him in Abuja [...]

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    We turned down Magu in Nigeria’s interest, says Wakili

We turned down Magu in Nigeria’s interest, says Wakili

Ali Wakili, senator representing Bauchi south, says the rejection of Ibrahim Magu's nomination by the senate was done "in the interest of the Nigerian state". Wakili said this on Friday in reaction to a statement credited to Itse Sagay, chairman of the Presidential Advisory Committee on Corruption. Speaking at a legislative and media roundtable organised by the Policy and Legal Advocacy Centre (PLAC), [...]

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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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