Sunday, February 9, 2020

Tag "Ibrahim Magu"

    Magu: I don’t know why UK is protecting Diezani

Magu: I don’t know why UK is protecting Diezani

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says Diezani Alison-Madueke, former minister of petroleum, is being protected in the UK. The ex-minister had relocated to London shortly before former President Goodluck Jonathan handed over to President Muhammadu Buhari in 2015. Later that year, Alison-Madueke was grilled at the Charing Cross Police Station in London. The former minister [...]

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    Adoke: How a desperate EFCC framed me up over Malabu

Adoke: How a desperate EFCC framed me up over Malabu

Mohammed Bello Adoke, the former attorney-general of the federation, says the Economic and Financial Crimes Commission (EFCC) desperately manufactured evidence to implicate him in the bribery allegations over the Malabu/OPL 245 transaction. The senior advocate is expected to be charged to court any moment from now by the anti-graft agency for allegedly collecting N300 million bribe in 2013 -- two years after the [...]

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    Magu: We’ll soon extradite 18 high-profile looters

Magu: We’ll soon extradite 18 high-profile looters

Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), says "18 high-profile looters" outside the country will be extradited in the fight against corruption. Speaking with journalists in Ilorin, capital of Kwara state, on Tuesday, Magu said the fight against corruption has just started. The anti-graft czar, who did not disclose the identities of the "high-profile looters", said the agency will [...]

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    Court: Buhari has ‘the yam and the knife’ to keep Magu as acting EFCC chairman

Court: Buhari has ‘the yam and the knife’ to keep Magu as acting EFCC chairman

A federal high court in Abuja has dismissed suits seeking the removal of Ibrahim Magu as acting chairman of the Economic and Financial Crimes Commission (EFCC). Ijeoma Ojukwu, the judge, delivered the judgment on Wednesday. Magu was appointed in November 2015 after the sack of Ibrahim Lamorde. The suits were challenging Magu's status as acting EFCC chairman, despite the non-confirmation of his appointment [...]

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    Magu: Nigeria, South Africa planning MoU on repatriating stolen assets

Magu: Nigeria, South Africa planning MoU on repatriating stolen assets

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says Nigeria and South Africa are making plans to reach an agreement on assets recovery and repatriation. Magu was speaking at the closing ceremony of the two-week capacity-building and mentorship programme for 10 officials of the Liberian Anti-Corruption Commission (LACC) at the EFCC Academy in Abuja. Under the agreement, assets [...]

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    Lawan: Any request from Buhari will make Nigeria a better place

Lawan: Any request from Buhari will make Nigeria a better place

Senate President Ahmad Lawan says any request that comes from President Muhammadu Buhari will make the country a better place. Lawan said this on Thursday when he received Itse Sagay, chairman of the Presidential Advisory Committee Against Corruption (PACAC), at his office in Abuja. Sagay had appealed to the senate president to ensure that Ibrahim Magu, acting chairman of the Economic and [...]

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    Sagay: Only beneficiaries of corruption question Buhari’s anti-graft war

Sagay: Only beneficiaries of corruption question Buhari’s anti-graft war

Itse Sagay, chairman of the Presidential Advisory Committee Against Corruption (PACAC), says only the beneficiaries of corruption question the anti-corruption war of President Muhammadu Buhari. Sagay said this on Wednesday in Abuja when he led members of the committee on a visit to the Economic and Financial Crimes Commission (EFCC). NAN reports that PACAC was established in 2015 by the Buhari [...]

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    ‘Next question!’ — Magu snubs inquiry on Tinubu bullion van petition

‘Next question!’ — Magu snubs inquiry on Tinubu bullion van petition

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), snubbed a question on the petition against Bola Tinubu over alleged cash-laden bullion vans linked to him. Tinubu is the national leader of the All Progressives Congress (APC). In February, viral pictures on social media showed two bullion vans being driven into Tinubu’s Bourdillon residence in Lagos on the eve [...]

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    ‘He operates 51 Nigerian bank accounts’ — Magu says Mompha’s arrest an achievement

‘He operates 51 Nigerian bank accounts’ — Magu says Mompha’s arrest an achievement

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the arrest of Ismaila Mustapha better known as Mompha and Hamza Koudeih, his associate, is a landmark achievement. Mompha was arrested in Abuja on October 18 while Koudeih was arrested in Lagos state on Tuesday. Mompha and Koudeih are alleged to have been involved in internet-related fraud and money [...]

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    ‘They can be useful in future’ — Magu on rehabilitating ‘Yahoo boys’

‘They can be useful in future’ — Magu on rehabilitating ‘Yahoo boys’

The Economic and Financial Crimes Commission (EFCC) says it is considering rehabilitating internet fraudsters, better known as Yahoo Yahoo boys. Ibrahim Magu, acting chairman of the agency, made this known while delivering a paper entitled, 'Strategic change administration and innovation to curb corruption in Nigeria', at the third all administrators national conference of the Chartered Institute of Administration, in Lagos, on [...]

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    EFCC: Why we are still keeping funds recovered from NHIS

EFCC: Why we are still keeping funds recovered from NHIS

The Economic and Financial Crimes Commission (EFCC) says it retained recovered funds from the National Health Insurance Scheme (NHIS) scheme for safety reasons. The EFCC had assisted the scheme in recovering funds from certain persons and institutions who had improper custody of such funds. In a statement on Saturday, Ayo Osinlu, NHIS spokesman, said Ibrahim Magu, chairman of the EFCC, gave assurance [...]

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    Magu: NGOs moving cash in north-east must get clearance from EFCC

Magu: NGOs moving cash in north-east must get clearance from EFCC

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says all non-governmental organisations (NGOs) moving cash in areas affected by Boko Haram must first be cleared by the anti-graft agency. He said this when he visited the theatre command of Operation Lafiya Dole in Maiduguri, Borno state capital, during the weekend, according to a statement by the commission. Represented [...]

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    EFCC: We received complaints on social investment programmes NOT N-SIP

EFCC: We received complaints on social investment programmes NOT N-SIP

The Economic and Financial Crimes Commission (EFCC) says it received complaints from some zones on social investment programmes, particularly the anchor borrowers' programme coordinated by the Central Bank of Nigeria (CBN).  The commission said it never alleged there was corruption in the national social investment programme (N-SIP) coordinated by the office of the vice-president. In a statement issued on Wednesday, Wilson Uwujaren, [...]

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    Magu: People bagging sand as fertiliser under CBN’s anchor borrowers’ programme

Magu: People bagging sand as fertiliser under CBN’s anchor borrowers’ programme

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says some persons are bagging sand as fertiliser under the anchor borrowers' programme coordinated by the Central Bank of Nigeria. Speaking at the 15th anti-corruption situation room organised by the Human and Environmental Development Agenda (HEDA) in Kaduna, on Tuesday, the EFCC chief, who was represented by Wilson Uwujaren, [...]

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    EFCC investigating N-SIP ‘fraud’ in Borno, Yobe

EFCC investigating N-SIP ‘fraud’ in Borno, Yobe

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the commission is working on fishing out those who use the National Social Investment Programmes in Borno and Yobe states for fraudulent activities. Magu spoke during a Hausa programme on Peace FM, a Maiduguri-based radio station. The N-SIP is coordinated by Maryam Uwais, special adviser to the president on social [...]

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    Magu: I’ve been fighting corruption without political interference

Magu: I’ve been fighting corruption without political interference

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says he has been fighting corruption without political interference. Wilson Uwujaren, EFCC spokesman, quoted Magu as saying this on Tuesday while speaking at the 49th annual conference of the Institute of Chartered Accountants of Nigeria (ICAN) in Abuja. The theme of the conference was “Building Nigeria for Sustainable Growth and [...]

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Exchange Rates

February 04, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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