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Magu caution BDC operators against aiding corrupt politicians

The Acting Chairman, Economic and Financial Crimes Commission (EFCC) Mr Ibrahim Magu has cautioned Bureau de Change (BDC) operators in the country against aiding corrupt practices of some politicians. Magu made this known at a meeting with the Association of Bureaux De Change Operators of Nigeria (ABCON) in Abuja on Thursday. In a statement by […]

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EFCC in action

Buhari should stick with Magu as EFCC chief, poll shows

Respondents in The Nation online poll have asked the Senate to confirm Mr. Ibrahim Magu as substantive chairman of the Economic and Financial Crimes Commission (EFCC) following President Muhammadu Buhari’s request for his confirmation as anti-corruption arrowhead. The Senate had twice rejected Magu’s nomination, citing the Department of State Service (DSS) report which indicted the […]

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Abubakar Malami

Only the Presidency can decide Magu’s fate, AGF says

The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has said only President Muhammadu Buhari can determine the fate of the acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu. Malami said this on a Channels TV programme titled, ‘Question Time’ on Friday. The AGF was asked if […]

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Senate blocks appointment of Magu as anti-graft chief

Nigeria’s Senate on Wednesday rejected the appointment of President Muhammadu Buhari’s nominee to head the country’s anti-graft agency, in a blow to the government’s war on corruption. Buhari rode to power in 2015 on an anti-corruption platform and appointed Ibrahim Magu as acting chairman of the Economic and Financial Crimes Commission (EFCC). But the Senate […]

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EFCC chair want a legal right to retain parts of recovered loot

The Economic and Financial Crimes Commission has urged a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations. The Acting Chairman of the commission, Mr Ibrahim Magu, made the request at the national anti-corruption conference organised by the Presidential Advisory Committee against […]

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Anti-Corruption War: We‘ll soon go after banks – EFCC

Economic and Financial Crimes Commission (EFCC) Chairman Ibrahim Magu vowed yesterday that the agency would go after banks being used for the looting of the nation’s treasury and money laundering. He asked the Central Bank of Nigeria (CBN) to stop private banking in the country and pledged the determination of his team to give corruption […]

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Anti Graft War: EFCC has recovered billions, Says Magu

CHARIMAN of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu yesterday said the agency has recovered billions of stolen funds. He said the anti-corruption war is “the war of the people.” Stating that “apart from the fear of God, we have no other fear.” Magu, who made the submissions in an address to a coalition of […]

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Halliburton Scandal: Lawyers admit to collecting $3.5m

PROGRESS in the $180million Halliburton Bribery Scandal, The Nation has learnt that the Economic and Financial Crimes Commission (EFCC) have resolved to find the $200m (N66billion) penalty fines paid by five companies involved. The Economic and Financial Crimes Commission (EFCC) has asked the lawyers who handled the settlement agreement to account for the fines and […]

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EFCC

Assign more judges to fraud cases, Magu tells CJ

THE acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, paid a visit to the Chief Judge of Lagos State, Justice Olufunmilayo Atilade, on Wednesday, urging her to designate more judges to EFCC cases. In order to expedite hearings in EFCC cases, Magu also pleaded with the CJ to consider the possibility of […]

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EFCC in action

‘Fight against corruption will be unsparing’ – EFCC chief

The acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Mustafa Magu on Wednesday declared that the fight against corruption will be holistic and unsparing. Magu, however, assured that the process will be open and transparent. He also promised to discharge his responsibility in the EFCC “with the fear of God, in the […]

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‘I would rather starve than refund N400m’ – Metuh

The Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has declared that the war against corruption has just begun. He stated this Monday during an interactive session with online journalists in Lagos, South-West Nigeria. According to Magu, nothing will be left to chance in bringing corrupt elements to justice, whether the persons […]

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