Magu sold seized assets to associates – Fayose

Former Ekiti State Governor, Ayodele Fayose, has alleged that the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, sold recovered assets under his watch to his associates. Fayose demanded that the sales of properties confiscated by the anti-graft agency under Magu be investigated. In a statement on Friday released via his […]

Magu took his non-confirmation personal —Saraki

By Eniola Akintuotu, Abuja Former Senate President Bukola Saraki says the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, took his non-confirmation by the 8th Senate personal hence his decision to go after him. Saraki said this in a statement while reacting to the court order on the return of his two […]

12 EFCC directors suspended

About 12 directors and top staff of the Economic and Financial Crimes Commission (EFCC) have been suspended with immediate effect. The notice of suspension was communicated to the acting chairman of the commission, Mr Mohammed Umar, on Tuesday night by the Office of the Attorney-General of the Federation. Their suspension was said to be in […]

Magu: Fresh posers over N7.5bn, 332 seized houses

EFCC Acting Chairman, Ibrahim Magu. • Questions over N5b election fund, N2.5b recruitment fund • Panel calls for files on all politically exposed persons on EFCC’s radar • Magu’s untouchables, others, reappear before panel today • FG asks govs to file reports on EFCC activities in their states since 2015 By Emma Nnadozie, Crime Editor, […]

I took $70m in 12 bags to Abuja banker, on the instruction of former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, ex-NNPC boss tells court

  By Innocent Anaba A Nigerian National Petroleum Corporation, NNPC, former Group General Manager in charge of Crude Oil Marketing has narrated to a Federal High Court sitting in Lagos, how he delivered 12 padlocked bags containing $70 million to an Abuja-based banker on the instruction of former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. […]

Court declines to stop probe of ex-Gov, Okorocha by EFCC, Imo state Govt

….adjourns case till July 14 By Ikechukwu Nnochiri The Abuja Division of the Federal High Court, on Wednesday, declined a request by former governor of Imo State, Rochas Okorocha for an interim injunction to stop the Economic and Financial Crimes Commission, EFCC, and panel of inquiry that was set up by the state government, from […]

Buhari speaks on Magu: No one above scrutiny

By Ismaila Chafe The Buhari Presidency said the ongoing interrogation of the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, is to clear him of weighty allegations levelled against him. A presidency source, who preferred not to be named, told State House correspondents in Abuja on Tuesday that the probe of […]

I confronted Magu, exposed him to Osinbajo – Ozekhome

By Ifreke InyangA Senior Advocate of Nigeria (SAN), Mike Ozekhome, has claimed that he wrote vice-president, Yemi Osinbajo in 2017, giving several warnings that the acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, was looting funds. Magu was on Tuesday, suspended by President Muhammadu Buhari, after he was arrested and detained […]

Police search Magu’s residence, as he spends second day under interrogation

EFCC Acting Chairman, Ibrahim Magu …Magu’s private residence at Karu searched …Grilled till 8.30pm yesterday …Any EFCC chair must be above suspicion – PRESIDENCY By Dapo Akinrefon, Olasunkanmi Akoni, Johnbosco Agbakwuru & Henry Ojelu Embattled Acting Chairman of the Economic & Financial Crimes Commission, EFCC, Ibrahim Magu, yesterday spent the second day answering questions from […]

Presidency suspends EFCC acting Chairman, Magu, over corruption allegations

Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has been suspended by the Presidency. Magu was arrested on Monday by a combined team of Department of State Services personnel and policemen at the Wuse II office of the EFCC to face an interagency committee investigating corruption allegations against him. He was detained […]

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