Wednesday, September 26, 2018

Tag "Ibrahim Magu"

    EFCC recovered N511.9bn in 2017, says Magu

EFCC recovered N511.9bn in 2017, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the commission recovered about N511.9 billion in 2017.Magu said this on Monday when he appeared before a budget defence session organised by the house of representatives committee on financial crimes.He listed the monies recovered to include N473.065 billion, $89,258,124.97, £294,851.82, €7,247,363.75, 443,400 dirhams and 70,500.00 South African [...]

0 comment Read Full Article
    Maina files N10bn suit against Magu, EFCC

Maina files N10bn suit against Magu, EFCC

Abdulrasheed Maina, former chairman of the Presidential Taskforce on Pension Reform, has filed a N10 billion suit against the Economic and Financial Crimes Commission (EFCC) and Ibrahim Magu, acting chairman of the agency.In the suit filed before a high court in Lafia, Nasarawa state, Maina accused Magu of granting press interviews which are "slanderous, untrue and malicious".In the writ of summons, James Onyilo, Maina's [...]

0 comment Read Full Article
    ‘Court didn’t order his removal’, ‘He should quit’ — Lawyers argue over ruling on Magu

‘Court didn’t order his removal’, ‘He should quit’ — Lawyers argue over ruling on Magu

The high court judgment regarding the confirmation of Ibrahim Magu as chairman of the Economic and Financial Crimes Commission (EFCC) by the senate seems to have raised more questions than answers.What now becomes of Magu? Is it against the law for him to continue in that position? How long can he continue to function in acting capacity?John Tsoho, a judge [...]

0 comment Read Full Article
    ‘No evidence linking Adoke, Etete to charges’ — Malami writes Magu on OPL 245

‘No evidence linking Adoke, Etete to charges’ — Malami writes Magu on OPL 245

Abubakar Malami, attorney-general of the federation (AGF), has advised Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), that nothing in the court charges links the accused to the alleged offence in the OPL 245 saga.Mohammed Adoke, former minister of justice and attorney general, and Dan Etete, a former minister of petroleum resources, are among those accused by [...]

0 comment Read Full Article
    Magu, four ministers in Buhari’s delegation to Ethiopia

Magu, four ministers in Buhari’s delegation to Ethiopia

President Muhammadu Buhari will on Friday depart for Addis Ababa, Ethiopia, to participate in the 30th ordinary session of the assembly of heads of state and government of the African Union (AU).Femi Adesina, special adviser to the president on media and publicity, disclosed this in a statement issued on Thursday.The statement listed four ministers - Geoffrey Onyeama (foreign affairs), Abubakar [...]

0 comment Read Full Article
    At last, EFCC grants autonomy to NFIU

At last, EFCC grants autonomy to NFIU

The Nigeria Financial Intelligence Unit (NFIU) has been separated from the Economic and Financial Crimes Commission (EFCC).Ibrahim Magu, acting chairman of the EFCC, disclosed this when he appeared before the senate committee on anti-corruption and financial crimes on Wednesday.Magu was at the upper legislative chamber to defend the 2017 budget of his agency.He said from January 1, 2018, NFIU would [...]

0 comment Read Full Article
    Muslim group: Heads will roll if anything happens to Magu

Muslim group: Heads will roll if anything happens to Magu

The Muslim Rights Concern (MURIC) has reacted to the attack on the farmhouse of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC).A police sergeant was killed after some gunmen broke into the farm in Abuja, on Tuesday.In a statement signed by Ishaq Akintola, director, MURIC, the group said “heads must roll if anything happens Magu".“Unknown gunmen have [...]

0 comment Read Full Article
    THE INSIDER: How gunmen attacked Magu’s farm — and stole rifles

THE INSIDER: How gunmen attacked Magu’s farm — and stole rifles

Gunmen who attacked a farmhouse belonging to Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), took away some rifles from the farm, TheCable has learnt.The attackers overpowered two security guards they met at the farm, beating one to death.TheCable gathered that the two mobile policemen, identified as Haruna Seriki and Musa Izah, were drafted from Mopol [...]

0 comment Read Full Article
    ‘We can’t be intimidated’ — EFCC speaks on attack at Magu’s farm

‘We can’t be intimidated’ — EFCC speaks on attack at Magu’s farm

The Economic and Financial Crimes Commission (EFCC) has confirmed the attack on the farmhouse of Ibrahim Magu, acting chairman of the commission.In a statement signed by its spokesman, Wilson Uwujaren, the commission said the attack would not make it lose focus in the fight against corruption.A policeman was killed in the attack which occurred around 10pm on Tuesday.“The property, a [...]

0 comment Read Full Article
    Policeman killed as gunmen break into Magu’s farm

Policeman killed as gunmen break into Magu’s farm

A police sergeant attached to Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), was reportedly killed on Tuesday after some gunmen broke into the farm of the anti-graft czar in Abuja.According to the Nation, the tragic incident occurred around 10pm.The attackers were said to have stormed the farm located in the Karshi area of the federal [...]

0 comment Read Full Article
    Magu says anti-graft war is a do-or-die affair

Magu says anti-graft war is a do-or-die affair

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), has described the fight against corruption as a “do or die” affair.Speaking on Monday after a rally organised by the commission to commemorate the World Anti-Corruption Day, Magu said the country must win the fight against all odds.He said for the war against corruption to be successful, Nigerians must [...]

0 comment Read Full Article
    NANS reject ‘persecution’ of Patience Jonathan

NANS reject ‘persecution’ of Patience Jonathan

The National Association of Nigerian Students (NANS), zone B has expressed displeasure with what it described as the persecution of Patience Jonathan, former first lady.Addressing reporters in Ondo state on Thursday, Pedro Obi, coordinator of the zone, alleged that the wife of the immediate past president is being witch-hunted.He said the refusal of the commission to obey the court ruling which ordered [...]

1 comment Read Full Article
    No going back on arrest of Ekpeyong, Oke, says Magu

No going back on arrest of Ekpeyong, Oke, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the EFCC is determined to bring Ita Ekpeyong, former director-general of the Department of State Services (DSS), and Ayo Oke, former head of the National Intelligence Agency (NIA), to justice.DSS operatives had prevented the arrests of both men who failed to honour the invitation of the anti-graft [...]

0 comment Read Full Article
    ICPC seeks approval to keep percentage of recovered loot

ICPC seeks approval to keep percentage of recovered loot

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has written the national assembly, requesting approval to keep a part of recovered loot.Rasheedat Okoduwa, ICPC spokesperson, made this known in a statement on Friday.She said the request was one of the proposals made by the commission through a memorandum submitted to the house of representatives committee on anti-corruption.According to the [...]

0 comment Read Full Article
    ‘We don’t pay whistleblowers’ — EFCC speaks on Ikoyi cash controversy

‘We don’t pay whistleblowers’ — EFCC speaks on Ikoyi cash controversy

The Economic and Financial Crimes Commission (EFCC) says it is not directly involved in the payment of whistleblowers.The commission said this in reaction to the controversy generated by Ibrahim Magu, acting chairman of the commission, on the whistleblower who tipped off the agency on the monies stashed in an apartment at Ikoyi, Lagos, has been paid.Magu had said the whistleblower [...]

0 comment Read Full Article
    EFCC has abandoned my client, says lawyer of Ikoyi whistleblower

EFCC has abandoned my client, says lawyer of Ikoyi whistleblower

The whistleblower who gave information that led to the recovery of over $43 million at an apartment in Ikoyi, Lagos, has been abandoned, according to Yakubu Galadima, who identified himself as the lawyer of the informant.Under the whistleblower policy, the individual who gives information is entitled to between 2.5 percent and 5 percent of the recovered loot.On Thursday, Ibrahim Magu, acting [...]

0 comment Read Full Article
Advertisement

 

Advertisement

Advertisement

Exchange Rates

September 24, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement