A Nigerian cleric has been named as a channel through which Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), laundered funds abroad.

This is according to findings from The Presidential Committee on Audit of Recovered Assets (PCARA).

One Emmanuel Omale, a pastor at Hand of God Prophetic Ministry, in the report of the PCARA, which probed the federal government assets recovered by the EFCC from May 2015 to May 2020, was said to have been used by Magu to launder funds.

According to the report after an investigation on EFCC’s activities by the Nigeria Financial Intelligence Unit (NFIU), the cleric bought a landed property worth N573 million in Dubai, United Arab Emirates, on behalf of Ibrahim Magu.

The report read. “Another individual who is helping in laundering funds for the Acting Chairman and who has been referred to in several petitions is one Pastor Emmanuel Omale (Hand of God Prophetic Ministry).”

“He is reported to have travelled to Dubai with Mr Magu and his name was used in purchasing property in Dubai for Mr Magu”.

“As an unknown pastor, the NFIU’s report showed huge movement of funds ranging from N573,228,040.41.”

Source: AfricaCelebrities.Com

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Nigerian Vice President, Yemi Osinbajo, has rubbished claims that he receieved N4bn from suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

Reacting to news making rounds of the Veep’s alleged involvement, the Vice President’s media aide Laolu Akand stated in a tweet that his boss will never be involved in any shady activities, and he described the news as lies “calculated to confuse and concocted to smear Prof. Osinbajo’s image.”

Source: AfricaCelebrities.Com

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President of Nigeria, Muhammadu Buhari has reportedly ordered for the suspension of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission EFCC.

READ ALSO: Nigeria’s Anti-Corruption Boss Arrested For Corruption

Recall earlier that the anti-corruption boss was arrested earlier this week over some alleged corruption leveled against him by the Minister of Justice and Attorney General of the Federation, Abubakar Malami.

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Magu was called before a panel for questioning on Monda, after the Minister wrote a letter to the President petitioning him to dismiss the EFCC chairman on acts of corruption, diversion of recovered fund and other offenses.

Below is a list of some of the 22 charges being investigated by the panel.

• Declaration of N539billion as recovered funds instead of N504b earlier claimed
• Not respecting court order to unfreeze a N7billion judgment in favour of a former Executive Director of First Bank
• Insubordination to the office of the AGF by not seeking his approval on some decisions
• Alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on recovered funds
• Not providing enough evidence for the extradition of ex-Minister of Petroleum Resources, Diezani Alison-Madueke
• Alleged issuance of investigative activities to some media prejudicial to some cases.
• Alleged late action on the investigation of Process and Industrial Development (P&ID) leading to legal dispute
• Alleged delay in acting on two vessels seized by Nigerian Navy leading to the loss of crude
• Alleged favouring of some investigators called Magu’s Boys
• Reporting some judges to their presiding officers without deferring to the AGF
• Alleged sales of seized assets to cronies, associates and friends

SOURCE: AfricaCelebrities.Com

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The Economic and Financial Crimes Commission(EFCC), has commented on news of the arrest of its acting chairman, Ibrahim Magu.

Earlier today, this platform reported the arrest of Ibrahim Magu at the office of the DSS on Monday afternoon over some corruption allegations.

READ ALSO: Nigeria’s Anti-Corruption Boss Arrested For Corruption

Reports also stated that he was under interrogations but the State Security Service (DSS) has denied the reports stating that Mr Magu was taken to a presidential panel sitting at the banquet Hall of the villa.

The EFCC also said in a statement that their acting chairman was not arrested or forced to appear before the panel but went on his freewill.

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Statement below.

“Acting Chairman of the Economic and Financial Crimes Commission(EFCC), Mr. Ibrahim Magu on Monday, July 6, 2020, honoured an invitation by a Presidential Panel reviewing the activities of the EFCC, at the Banquet Hall wing of the Presidential Villa, Abuja.

He was served the invitation to the Panel, while on his way to the Force Headquarters, Abuja for a meeting.

The EFCC’s boss was neither arrested nor forced to honour the invitation. A member of a legal team from the EFCC is also with him on the Panel.”

SOURCE: AfricaCelebrities.Com

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The chairman of Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission, EFCC, has been arrested by officials of Department of State Services (DSS) on the orders of the country’s Attorney-General.

Ibrahim Magu, who is in acting position was arrested today Monday and detained by the national security agency and is currently being interrogated at the DSS headquarters in the country’s capital, Abuja.

According to unconfirmed reports, the EFCC boss was arrested over allegations he was diverting some of the funds recovered from suspected looters by the commission.

It was gathered that the DSS operatives had a difficult time arresting Ibrahim Magu as his security personnel gave a strong resistance during the arrest of their boss.

Ibrahim Magu’s arrest comes just a few weeks after the country’s Attorney-General, Abubakar Malami, wrote a letter to President Buhari demanding Magu’s removal.

He accused the EFCC boss of gross corruption raging from diversion of recovered loot to insubordination and misconduct.

SOURCE: AfricaCelebrities.com

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