EFCC Chairman
PSC: Why Ibrahim Magu’s name was dropped promotion list
The Police Service Commission (PSC) on Thursday said it dropped the name of former Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, from promotion list because it is still awaiting clearance from the Office of Attorney General. The PSC had promoted 24 CPs, 35 DCPs, 52 ACPs, 50 CSPs and dropped Magu from promotion. A statement issued by Ikechukwu Ani, Head, Press and Public Relations of PSC said the decisions were the high-points of the Commission’s 12th Plenary Meeting held on Tuesday and Wednesday, which was presided over by the Commission’s Chairman, Musiliu Smith, a retired Inspector General of Police. “The Commission declined the promotion of CP Magu pending clearance from the office of the Attorney General of the Federation and Minister of Justice and the Offic...
EFCC has recovered over $100 million for NPA – chairman
The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, says the agency has recovered over $100 million for the Nigerian Ports Authority Bawa said the recovery was part of the outstanding remittances owed to the country through the Nigerian Ports Authority. In 2017, the federal government had terminated the boat pilotage agreement it signed with Intels, after Abubakar Malami, attorney-general of the federation (AGF), said it violated the constitution. The company was also accused of not paying taxes in 2017 — the same year NPA accused it of failing to remit an outstanding debt. Speaking at the weekly ministerial briefing organised by the presidential media team at the presidential villa, Abuja, on Thursday, Bawa said EFCC had made recoveries directly for the...
EFCC unveils Abdulrasheed Bawa’s authentic Facebook account
The Economic and Financial Crimes Commission (EFCC) on Sunday finally revealed the Facebook account of its chairman, Abdulrasheed Bawa. EFCC’s spokesperson, Wilson Uwujaren, disclosed Mr Bawa’s only Facebook account as, @AbdulRasheedBawa. The commission had since Mr Bawa’s appointment late February pointed out fake accounts being operated on Facebook and Twitter in his name, and warned members of the public against having any dealing with them. On different occasions, the commission vowed to unearth those behind the fake accounts and make them to face the wrath of the law for their act of “identity theft.” Sunday’s announcement of Mr Bawa’s authentic Facebook account by the EFCC appeared to have stemmed from the commission’s frustrations in stopping the proliferation of more fake social me...
House displeased with EFCC over delay in disposal of recovered N46 billion from ex-oil minister
The House of Representatives has expressed displeasure with the Economic and Financial Crimes Commission (EFCC) over the delay in disposing of the N46 billion assets seized from the former Petroleum Minister, Mrs Diezani Alison-Madueke. The Chairman of the Ad hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, Hon. Adejoro Adeogun, expressed his displeasure on Friday when the Chairman of the EFCC, Mr. Abdulrasheed Bawa, appeared before the committee. The chairman of the committee opined that it was not ideal to continue keeping such recoveries as they were losing value over time. He said: “Given the financial situation of Nigeria, sho...
Whistleblower petitions EFCC, justice minister over corruption in maritime academy
Pool Photo A whistleblower in the Maritime Academy of Nigeria (MAN), Oron in Akwa Ibom State, has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute the management of the institution over multiple fraud, as well as systemic and perennial corruption. In a two-page petition to EFCC by Mr. Adamu Jibrin, a staffer of the Academy dated 6th April 2021 through his Attorney, Michael Edet and Associates, and made available to newsmen in Uyo titled, “Petition of Fraud, Embezzlement, Misappropriation and Criminal Conversion of Public Funds to Personal Use by the Rector of Maritime Academy of Nigeria, Oron,” the petitioner alleged that millions of naira have been siphoned from the treasury of the academy. Copies of the petition to the EFCC Chairman, the Attorne...
Ayo Fayose: Ex-President Obasanjo sent Bode George to jail because of PDP national chairmanship position
Ayo Fayose, former governor of Ekiti state on Sunday revealed that former President Olusegun Obasanjo masterminded the incarceration of Chief Olabode George, a former Deputy National Chairman of the Peoples Democratic Party (PDP) over tussle for the party’s national chairmanship position. Chief George had in an interview with a national daily accused Asiwaju Bola Tinubu, former Lagos state governor and Vice-President Yemi Osinbajo who was the Attorney-General and Commissioner for Justice in Tinubu’s government as the men behind his incarceration during the Nigerian Ports Authority (NPA) crisis. Although he was sentenced to two years imprisonment, alongside five others, by an Ikeja High Court on October 27, 2009, without an option of a fine, he appealed the judgment after serving his term a...
Femi Falana: EFCC can mandate bank MDs, executives to declare assets
The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said. Consequently, according to the senior advocate, the anti-graft commission is empowered to cause investigations to be conducted into the properties of any person as stipulated under Section 7 (1) (b) of the EFCC Act, 2004. Also yesterday, Transparency International (TI) argued that if the provisions of the Bank Employees, etc. (Declaration of Assets) Act, 1986 were effectively enforced, Nigeria could save between $15 billion and $18 billion illicit financial flows (IFFs) annually. Falana clarified the roles of the EFCC in a response to inquiries on whethe...
AGF: Why I’ll not testify before Justice Salami panel
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, on Thursday, gave reasons why he would not appear as a witness in the ongoing probe of the suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, by the Justice Ayo Salami-led panel of inquiry. In a statement that was signed by his media aide, Dr. Jibrilu Gwandu, the AGF, maintained that his refusal to testify before the panel was “purely constitutional and not based on any ulterior motive”. Malami contended that as an AGF, his appearance or otherwise as a witness in any investigation should be a constitutional matter. “In establishing propriety or otherwise of the presence of the Attorney-General of the Federation and Minister of Justice whose responsibility is...
NAN board chairman Wada Maida laid to rest
The remains of the News Agency of Nigeria Board Chairman, Alhaji Wada Maida, was buried at Gudu Cemetery, Apo District, Abuja, on Tuesday in accordance with Muslim rites. Newsmen report that the funeral prayer was led by Imam Rabiu Suleiman amidst tears by his family members, friends, associates and Muslim Ummah. The funeral prayer for the deceased was held at the Shagari Jumma’at Mosque in Area I Garki in Abuja. Speaking shortly after the burial, Gov. Aminu Masari of Katsina State described the death of Alhaji Wada Maida as a personal loss to him and the great people of Katsina state. Masari said that the deceased was a patriotic citizen who dedicated the whole of his life in the service of the country. “Whenever we lose somebody in Islam, we say to Allah we all come from Him and unto Him...
EFCC: Lockdown won’t abort cases against ex-first lady, former governors, others
The lockdown arising from coronavirus appears to have slowed down the fight against corrupt practices in the country for close to six weeks. Meanwhile, the Economic and Financial Crimes Commission, EFCC, says there is no cause for alarm as it will ensure that none of its ongoing investigations and cases in court will be aborted. The Commission is certain that as the federal and state governments begin to reopen the economy, it will ramp up legal actions to bring the suspects of financial crimes to account for their actions. “These suspects will unfailingly have their days in court,” EFCC Acting Chairman, Ibrahim Magu, declared. Documents reviewed by newsmen indicate that the Commission has its hands full of cases awaiting resolution in court, while some cases being investigated are ripe en...
