Sunday, July 21, 2019

Tag "Ibrahim Magu"

    Magu: Me? Disobey court order? Never!

Magu: Me? Disobey court order? Never!

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says he has not disobeyed any court order.Magu was reacting to reports that he had been slammed with a contempt charge over his refusal to obey a court order releasing Wolfgang Reinl, an Austrian businessman, in the custody of the anti-graft agency.“The attention of the Economic and Financial [...]

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    Magu slammed with contempt charge

Magu slammed with contempt charge

A contempt charge has been filed against Ibrahim Magu, acting chairman of the Economic Financial Crimes Commission (EFCC), at an Abuja high court over his alleged disobedience of court order.The contempt charge contained on form 49 of the Abuja high court is asking Magu to show cause why he should not be committed to prison.The contempt charge followed the refusal of [...]

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    Anti-graft war takes Buhari, Magu to London

Anti-graft war takes Buhari, Magu to London

President Muhammadu Buhari will travel to London to participate in the international anti-corruption summit, Femi Adesina, presidential spokesman, has said.According to him, the president’s delegation to the summit will include Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), and Abubakar Malami, minister of justice and attorney-general of the federation.“As an internationally recognised leader in the global fight [...]

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    EFCC ‘uncovers 37,395 ghost workers’ in civil service

EFCC ‘uncovers 37,395 ghost workers’ in civil service

The Economic and Financial Crimes Commission (EFCC) says it has detected 37,395 ghost workers on the payroll of the federal civil service.Ibrahim Magu, acting chairman of the commission, announced the figure at an anti-corruption sensitisation programme.Magu said apart from the widespread procurement frauds in ministries, departments and agencies (MDAs), the issue of ghost workers was a source of serious concern [...]

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    EFCC weeding out the bad eggs, says Magu

EFCC weeding out the bad eggs, says Magu

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), says the agency is "restructuring its operations and weeding out the bad eggs".Magu, who stated this while speaking with members of the presidential advisory committee on corruption led by Itse Sagay in Abuja on Thursday, said the commission would get to the root of all major corruption cases, including the [...]

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    Govt officials trained to combat money laundering

Govt officials trained to combat money laundering

The Inter-Governmental Action against Money Laundering in West Africa (GIABA) has commenced training of government officials on combating money laundering and terrorist financing.Speaking at the event in Abuja on Monday, Modibo Tukur, head of international operations of the Economic and Financial Crimes Commission (EFCC), who represented Ibrahim Magu, the commission’s acting chairman, said the political will of President Muhammadu was aiding [...]

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    Magu asks journalists to monitor EFCC

Magu asks journalists to monitor EFCC

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), has appealed to journalists to monitor the activities of the EFCC with a view to providing useful suggestions on how to correct its mistakes and shortcomings.Magu said this on Thursday when he paid a courtesy visit to the NUJ Press Centre in Kano.He also solicited the support of journalists [...]

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    Britain has helped us to ‘touch the untouchables’, says Magu

Britain has helped us to ‘touch the untouchables’, says Magu

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    Magu: Nigeria has some of Africa’s best lawyers

Magu: Nigeria has some of Africa’s best lawyers

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says that despite his recent criticism of "some bad eggs in the legal profession", he is aware that Nigeria is blessed with some of the best lawyers and judges on the continent.He therefore reassured legal practitioners that comments attributed to him in recent media reports regarding the conduct of [...]

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    Magu: Those who return loot may still face trial

Magu: Those who return loot may still face trial

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), says the commission could still prosecute suspects even after they have returned stolen money to the treasury.Magu had said in recent press interviews that the EFCC had recovered billions of naira, especially from its ongoing investigations into the $2.1billion arms money allegedly diverted by Sambo Dasuki, former national security adviser [...]

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    Magu: One small EFCC lawyer defeated 34 SANs

Magu: One small EFCC lawyer defeated 34 SANs

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), says the anti-graft agency is winning the fight against corruption, recalling how a lawyer "defeated” 34 Senior Advocates Nigeria (SAN) in a corruption case.Magu accused some senior lawyers, who benefitted from the federal government's scholarship opportunities, of turning round to work against the country by defending corrupt individuals.He also [...]

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    Magu: UAE still ‘a safe haven’ for corrupt people

Magu: UAE still ‘a safe haven’ for corrupt people

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    EFCC will not disobey court orders, says Magu

EFCC will not disobey court orders, says Magu

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), has re-emphasised that the commission will not disobey any court order in the course of its anti-corruption war.Magu said this on Tuesday in Abuja at a meeting with journalists.He said media cooperation was critical to keeping Nigerians informed of happenings in the commission.Magu added that media support was also [...]

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    REVEALED: Buhari’s associate, Isa, got N170m from Dasuki but has returned N100m to EFCC

REVEALED: Buhari’s associate, Isa, got N170m from Dasuki but has returned N100m to EFCC

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), says Jafaru Isa, an associate of President Muhammadu Buhari, who received a cash gift of N170m from Sambo Dasuki, former national security adviser (NSA), will still be prosecuted despite returning a part of the money.Isa, who was arrested last Wednesday, was released after he returned N100m to the EFCC, [...]

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    Magu: More influential Nigerians will be arrested

Magu: More influential Nigerians will be arrested

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    EFCC to go after BDC beneficiaries of armsgate

EFCC to go after BDC beneficiaries of armsgate

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says Bureau de change operators involved in the ongoing $2.1 billion arms deal probe would not be spared.According to Wilson Uwujaren, EFCC spokesman, Magu made the declaration while speaking to bureau de change operators who paid him a visit in Abuja on Tuesday.Magu also said existing mutual relationship [...]

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Exchange Rates

July 12, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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