Thursday, November 15, 2018

Tag "Ibrahim Magu"

    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
    Odinkalu: Magu lied! Ikoyi whistleblower has been detained by three agencies

Odinkalu: Magu lied! Ikoyi whistleblower has been detained by three agencies

Chidi Odinkalu, human rights lawyer, has dismissed the claim of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), that the man who gave the anti-graft agency information about the monies stashed in an apartment at Ikoyi, Lagos, is now a millionaire.Magu said this on Thursday while speaking at a programme in Vienna, Austria.“We are currently working [...]

0 comment Read Full Article
    Magu: EFCC fears no one but God

Magu: EFCC fears no one but God

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission(EFCC), says the commission has no other fear except the "fear of God".Magu said this in an interview published in EFCC Alert, the monthly publication of the anti-graft agency.He restated the commission's resolve to fight corruption in the country, adding: “The days of impunity are over, victory is certain for [...]

1 comment Read Full Article
    Ikoyi whistleblower now a millionaire, says Magu

Ikoyi whistleblower now a millionaire, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the “young man” who blew the whistle on the massive stash of money recovered from an apartment in Ikoyi, Lagos, is now a millionaire.In April, operatives of the anti-graft agency broke into a four-bedroom apartment on Osborne Towers, Ikoyi, and pulled out $43 million, £27,800 and N23 [...]

0 comment Read Full Article
    We recovered $43m from Diezani, says Magu

We recovered $43m from Diezani, says Magu

Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), on Wednesday said the agency recovered $43 million from Diezani Alison-Maduke, former minister of petroleum.Speaking at the ongoing 7th session of the Conference of the States Parties to the United Nations Convention Against Corruption holding in Vienna, Austria, Magu said the commission had recovered $2.9 billion between May 2015 and October [...]

0 comment Read Full Article
    Arms deal probe: EFCC says DSS operatives refusing to honour invitation

Arms deal probe: EFCC says DSS operatives refusing to honour invitation

The Economic and Financial Crimes Commission (EFCC) says operatives of the Department of State Services (DSS) have failed to honour its summon concerning the arms deal probe.It also described as “specious” reports that it summoned the DSS operatives as a revenge for the secret police’s indictment of Ibrahim Magu, the commission’s acting chairman.The DSS had, last year, indicted Magu of [...]

0 comment Read Full Article
    Magu: There’s a deliberate plot to annoy and make me resign

Magu: There’s a deliberate plot to annoy and make me resign

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC)¸ says there is a deliberate act to annoy and make him “throw in the towel”.Magu said this after the opening ceremony of the 7th session of the Conference of the States Parties to the United Nations Convention against Corruption (UNCA) holding at the UN House in Vienna, capital [...]

0 comment Read Full Article
    We are prepared to go after traffickers, says Magu

We are prepared to go after traffickers, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the anti-graft agency is prepared to go against traffickers.In a statement, Wilson Uwujaren, spokesman of the EFCC, quoted Magu as saying this when he received a delegation from the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) in his office in Abuja.The acting EFCC chairman [...]

0 comment Read Full Article
    Magu: Those protecting Maina are making his arrest difficult

Magu: Those protecting Maina are making his arrest difficult

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says those offering protection to Abdulrasheed Maina, ex-chairman of Pension Reform Task Team (PRTT), have made it difficult for the agency to arrest him.Magu, who did not disclose the identity of the persons allegedly protecting Maina, absolved himself of any blame in connection to the initial escape of [...]

0 comment Read Full Article
    Magu: I’ll speak on Maina at the appropriate time

Magu: I’ll speak on Maina at the appropriate time

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the anti-graft agency did its best to bring Abdulrasheed Maina, former chairman of the Presidential Task Force on Pension Reforms (PTFPR), to book.Absolving the commission of any blames in connection to Maina's reinstatement, Magu said the EFCC had played its part by declaring him wanted.Magu said this [...]

0 comment Read Full Article
    Anti-graft war will go on without me, says Magu

Anti-graft war will go on without me, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the fight against corruption will go on with or without him.Magu said this in Lagos on Friday during the sensitisation forum on the plan to launch ‘EFCC-Creative youth initiative against corruption (CYIAC); corruption busters’.He pledged the determination of the commission in the fight against corruption but said the [...]

0 comment Read Full Article
    We recovered N527m, $53m through help of whistle-blowers, says Magu

We recovered N527m, $53m through help of whistle-blowers, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the agency recovered N527 million, $53 million and £21 million through the help of whistle-blowers.Magu said this at the  unveiling of 'Corruption Anonymous’, the civil society whistle-blower support initiative of the African Centre for Media & Information Literacy (AFRICMIL) in Abuja on Thursday.He said the negative effect [...]

0 comment Read Full Article
    NNPC: Buhari’s autumn as moral Czar?

NNPC: Buhari’s autumn as moral Czar?

Iron-clad integrity was the chief credential General Muhammadu Buhari flaunted to win power in 2015. Today, that golden badge appears under grave erosion in view of rising tide of sleaze and tales of apparent presidential indifference.Last week's leaked memo by scorned junior oil minister, Ibe Kachikwu, provides what potentially may now be the tipping point.In a rather rambling response yesterday, [...]

0 comment Read Full Article
    Omokri slams ex-US ambassador: You’re diverting attention from NNPC ‘monumental fraud’

Omokri slams ex-US ambassador: You’re diverting attention from NNPC ‘monumental fraud’

Reno Omokri, former aide of ex-President Goodluck Jonathan, has described Peter Campbell, a US diplomat, as a "busybody consultant out to insult Nigerians with his procured opinions”.Campbell, a former US ambassador to Nigeria, had said Patience Jonathan was widely disliked, arrogant and flamboyant during her husband's time as president.He said Jonathan was yet to be convicted of crimes she allegedly [...]

1 comment Read Full Article
Advertisement
Advertisement

 

Advertisement

Advertisement

Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement