Tag "Ibrahim Magu"

    Magu appears before reps panel

Magu appears before reps panel

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC) is currently appearing before the house of representatives committee on emergency and disaster preparedness.The committee is investigating the alleged breach of public trust at the National Emergency Management Agency (NEMA).They are also investigating the alleged illegal suspension of six officials of the agency by its governing board. [...]

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    Adeosun backtracks on ‘query’ to Magu

Adeosun backtracks on ‘query’ to Magu

Kemi Adeosun, minister of finance, says there is no ulterior motive behind the letter she wrote to Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC).In a letter dated February 9,  Adeosun asked Magu to provide more information on recovered loot.She said there were conflicting figures on recovered funds."This is to notify you of the records of [...]

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Political gridlock ‘shouldn’t affect’ policy making

Omotola Abimbola, an investment analyst, says political gridlock that affects policy making could lead to market shock.Abimbola made the statement in reaction to an announcement by the Central Bank of Nigeria (CBN) that its monetary policy committee (MPC) meeting would hold April 3 and April 4.The first meeting which was scheduled to hold in January according to the apex bank’s [...]

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    FG queries Magu, Keyamo over charges filed against CCT chairman

FG queries Magu, Keyamo over charges filed against CCT chairman

The federal government has queried Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), and Festus Keyamo, a senior advocate of Nigeria (SAN), over the corruption charges filed against Danladi Umar, chairman of the Code of Conduct Tribunal (CCT).On behalf of the EFCC, Keymao filed a two-count corruption charge against Umar at a federal high court in [...]

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    EXTRA: Cancer is caused by corruption, says Magu

EXTRA: Cancer is caused by corruption, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says cancer is caused by corruption.Magu said this on Thursday when he visited Mahmoud Yakubu, chairman of the Independent National Electoral Commission (INEC), at his office in Abuja.The acting EFCC chairman said every evil in society is caused by corruption."Corruption is the worst enemy of Nigeria. It is [...]

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    Reps accuse Malami, Magu of manipulating justice system

Reps accuse Malami, Magu of manipulating justice system

The house of representatives has accused Abubakar Malami, attorney-general of the federation (AGF), and Ibrahim Magu, acting chairman of the Economic and Financial Commission (EFCC) of manipulating the country's legal system.The resolution of the house was sequel to a motion sponsored by Yakubu Barde, minority whip.While moving the motion on the floor of the house on Thursday, Barde spoke about [...]

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    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 [...]

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    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 [...]

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    ‘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 [...]

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    ‘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 [...]

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    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 [...]

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Magu’s rejection, PDP reps failed protest against Buhari – major n’assembly events in 2017

From the beginning of the year, both chambers of the national assembly have had their fair share of drama and intrigues.There were heated debates on issues, sack of lawmakers by the court and the rejection of nominees sent by the president among others.Here are some of the major events that occurred in the national assembly this year.MAGU REJECTEDOn March 15, [...]

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    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 [...]

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    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 [...]

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    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 [...]

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    ‘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 [...]

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December 12, 2019USDGBPEUR
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