The investigation into the dealings and management of the Economic and Financial Crimes Commission under the suspended chairman of the commission, Ibrahim Magu, by a presidential probe panel took new dimension on Wednesday. The probe took different turn after a businessman tendered an evidence containing a recording of how officials of the commission compelled him … Read more
Managing director of First City Monument Bank (FCMB), Adam Nuru, says the bank mistakenly credited the church account of Emmanuel Omale with N573 million. The financial institution clarification is coming against the backdrop of accusation levelled against suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. The Presidential Committee on Audit … Read more
President Muhammadu Buhari gave presidential panel probing the activities of suspended chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, 45 days to submit its report to him. Magu first appeared before the presidential a month ago, which leaves the panel with less than two weeks to make available the outcome of his … Read more
The Judicial Commission of Inquiry set up to investigate the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, is expected to submit its report latest next week going by the terms of reference given to the panel by the President, Major General Muhammadu Buhari (retd.). The document inaugurating the panel which … Read more
Suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), says he will stop at nothing to clear his name in the ongoing probe of his activities when he held sway as the commission’s substantive chairman. Magu said all gloves are now off as he would no longer tolerate smearing of his reputation and … Read more
Attorney-general of the federation (AGF), Abubakar Malami, says the probe of suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, is a testament to the seriousness of president Muhammad Buhari administration anti-corruption war. Malami said this during NTA’s ‘One-on-One’ programme hosted by Cyril Stober. Malami said Magu’s probe shows that no … Read more
– The suspended Acting Chairman of EFCC, Mr Ibrahim Magu has been allowed by Justice Salamis Presidential Investigation Committee to enter his defence today. – The 78-page response submitted to the Committee bothers on the AGF and PCARA’s query. – The Committee however informs Mr Magu that his request would be entertained only after serving … Read more
Former governor of Anambra state, Peter Obi, has faulted the manner the federal government is going about its anti-graft war. Obi said fighting corruption as an economic policy is counterproductive. Obi, running mate to Peoples Democratic Party (PDP) presidential candidate during the 2019 polls, Atiku Abubakar, stated this during an interview with The Sun. He … Read more
A former ally of President Muhammadu Buhari Buba Galadima, has weighed in on the crisis rocking the Economic and Financial Crimes Commission (EFCC) and the suspension of its acting chairman, Ibrahim Magu Galadima said Magu was removed because he went after some powerful people in Buhari’s cabinet. Buhari appointed Mohammaded Umar, former director of operations … Read more
Former president of the senate, Bukola Saraki, has disclosed how suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, reacted to his rejection by the upper legislative chamber. Saraki said the embattled EFCC helmsman did not take his rejection in good faith and he became embittered afterwards. Saraki disclosed this while … Read more
In less than twenty-four hours after he was set free from police custody, the suspended interim chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has written to the presidential committee looking into the allegation of mismanagement of the agency. In the letter addressed to the chairman of the panel, Ayo Salami, one … Read more
The suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu on Wednesday wrote to the Justice Ayo Salami-led Presidential panel investigating a 21-point allegation of corruption and insubordination filed against him by the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, asking for copies of the AGF’s … Read more
Suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said the allegation against are targeted at smearing his reputation. Magu made this known in an interview with The Nation hours after he regained his freedom having spent nine days in detention. Magu said he was astounded when he read the … Read more
Ibrahim Magu, the suspended chairman of the anti-graft agency, EFCC, has been released. Mr Magu was released from detention on Wednesday evening. Read Also: Breaking!!! Hope Rekindles As Lagos Missing Nurse Is Discovered In Osun State He was arrested last week Monday and has been detained by the police since then. He has been appearing … Read more
The suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), has been released on bail. He was arrested and detained on Monday, July 6, 2020, following a summons by the presidential panel probing his activities in office His probe is sequel to corruption allegations levelled against him by the attorney general of the … Read more
As the investigation of suspended Chairman of the Economic and Financial Crimes Commission garners momentum and more revelations laid bare, about twelve (12) Directors and highly placed staff of the Commission have been asked to embark on immediate suspension. The notice of suspension was made known to the Interim Chairman of the Commission, Mr. Umar, … Read more
In line with the current investigation into the shady activities of the suspended Boss of the Economic and Financial crimes Commission, EFCC, Mr Ibrahim Magu by the Presidential Committee on Audit of Recovered Assets (PCARA), the Federal government has directed intelligence agencies to build up surveillance on the headquarters of the commission and its branch … Read more
No fewer than 12 directors and top staff of the Economic and Financial Crimes Commission (EFCC) have been suspended with immediate effect. The affected officials are notified of the development in a letter to the Acting Chairman of the Commission, Mr. Mohammed Umar, on Tuesday night by the Office of the Attorney-General of the Federation. … Read more
The embattled chairman has debunked allegations that he re-looted interest gotten from a recovered fund. The suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu says allegations that the Commission under him re-looted interests on the funds recovered from looters, is false. Recall that over the weekend, the Presidential Committee on … Read more
The Presidential Committee on Audit of Recovered Assets (PCARA) has accused suspended acting chairman of the Economic and Financial Crimes Commission (EFCC) of turning the EFCC into a “glorified police station” for alleged selfish interests . The committee levelled the accusation against the embattled acting chairman of the EFCC in a report. President Muhammadu Buhari … Read more