Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission EFCC has said he never stole, diverted or converted recovered funds for his private use while he held sway as the head of the antigraft agency. Magu said this in an interview with The Nation shortly after he was granted bail and released from detention after 10 days. Magu said the allegations of corruption against him are just to tarnish his image and that of the …
Tag: Magu
Crack teams from the Department of State Service (DSS) and the Force Criminal Investigation Department (FCID) of the Nigeria Police have begun a manhunt for those behind the recent burgling of the office of the Nigerian Financial Intelligence Unit (NFIU) located at No. 12, Ibrahim Taiwo Street, Aso Villa. The leadership of the NFIU had appeared before the Justice Ayo Salami-led presidential panel investigating the suspended chairman of the Economic and Financial Crimes Commission EFCC, Ibrahim Magu on July 9 and they asked …
The Presidential panel investigating corruption allegations against the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has started probing his relationship with a Bureau De Change company based in Kaduna that has transacted business in the range of N336 billion, $435 million and about 14 million Euros. Vanguard reports that the embattled boss of the antigraft agency is expected to respond to the discovery by the Nigerian Financial Intelligence Unit, NFIU, that he allegedly has connection with the …
Osinbajo writes IGP, demands investigation of ‘false’ allegation of him taking N4b from Ibrahim Magu
Vice President Yemi Osinbajo has petitioned the Inspector General of Police Muhammed Adamu, demanding for an investigation of “false” allegation of him allegedly taking N4b from the money allegedly stolen by suspended Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. Jackson Ude, a former director of strategy and communications under President Goodluck Jonathan administration had alleged that Magu embezzled over N39 billion and gave Mr Osinbajo N4 billion for soft landing. He also claimed that the Vice President is …
Olusegun Adeniyi, chairman of THISDAY editorial board has narrated how the harassment of two allies of President Muhammadu Buhari without his knowledge, led to the suspension and detention of Ibrahim Magu as the acting chairman of the Economic and Financial Crimes Commission. The former spokesman to late President Umaru Musa Yar’Adua said Buhari learnt about Magu’s actions, only after they had been carried out. Adeniyi also disclosed that Former Defence Minister, Lt General Theophilus Yakubu Danjuma (rtd) recent visit to the villa was borne out of …
Vice President Yemi Osinbajo has reacted to allegation of receiving N4bn from suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. The Vice President’s media aide Laolu Akande who rubbished the claim, described it as lies “calculated to confuse and concocted to smear Prof. Osinbajo’s image.” He added that Osinbajo hasn’t and will never be involved in any shady activity. The tweet read; “Inundated by wide circulation of Fake News about VP’s purported involvement in some EFCC recovery billions, …