Tag: Magu
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Magu: Malami gives reason for ignoring Salami panel’s invitation
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), on Thursday, explained why he decided not to honour the invitation by Justice Ayo Salami panel was based on constitutional consideration. The panel is probing the suspended Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. The minister, who stated…
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Probe: I have never received bribe all my life – Magu
Suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Wednesday said he has never received bribe all his life. Magu was testifying before the Justice Ayo Salami panel probing allegations of corruption against him. The suspended EFCC boss said anyone who claim he had ever given him bribe should come…
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Magu’s ‘spiritual father’ sues FCMB for N5b over alleged false report
For reporting a false report about his financial transactions to the Nigerian Financial Intelligence Unit (NFIU), the General Overseer, Divine Hand of God Prophetic Ministry, Prophet Emmanuel Omale, has sued First City Monument Bank Plc (FMCB) for N5bn. Omale, who claims to be the spiritual guide of the suspended acting Chairman of the Economic and…
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I really don’t know when Magu’s probe will end – Justice Salami
The Chairman of the Judicial Commission of Inquiry set up by President Muhammadu Buhari to probe the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Justice Ayo Salami, the has said he does not know when the probe will end. Recall that President Buhari had while inaugurating the seven-man panel on July…
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Osinbajo’s ex-aide in trouble, allegedly collected N250m without executing contracts
An ex-aide to Vice President Yemi Osinbajo, Donald Wokoma, allegedly failed to execute some contracts awarded to his firms in 2018, after receiving N250million. This was when he served as Special Assistant to the VP on the National Economic Council (NEC). A report published in PRNigeria’s Economic Confidential reveals that Wokoma was a signatory to…
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Magu probe: We mistakenly transferred N573m to Prophet Omale, says FCMB MD, Adam Nuru
Managing Director of First City Monument Bank (FCMB), Adam Nuru said the bank made an error of posting N573 million into the church account of Emmanuel Omale. The Presidential Committee on Audit of Recovered Assets (PCARA) had accused Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), of allegedly using Omale,…
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How can corruption be killed by employing corruptive mechanism? – Godwin Etakibuebu
By Godwin Etakibuebu It shall forever remain a mission impossible. It would always be a futile attempt into a fruitful journey of discovery. It would draw a positively negative end – a melancholy in perpetuity. A voyage of no return shall such an attempt remains. Let’s go back, laying the foundation, before bringing the blocks…
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Magu, EFCC, NDDC probes to redefine Buhari’s anti-graft war, By Ehichioya Ezomon
By Ehichioya Ezomon If President Muhammadu Buhari ever needed to reassure Nigerians, and the international community about his commitment to fighting corruption, the financial probes going on simultaneously in Abuja present that opportunity on a platter. The investigations of frauds at the Economic and Financial Crimes Commission (EFCC) and Niger Delta Development Commission (NDDC) are…
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Magu’s probe, suspension ‘a plus’ for Buhari’s government – Malami
The Attorney-General of the Federation, Abubakar Malami (SAN) has said the probe and subsequent suspension of the former acting chairman of the Economic and Financial Crimes Commission (EFCC) is a plus for the administration of President Muhammadu Buhari. Malami said this on NTA’s ‘One-on-One’ programme on Friday night while reacting to questions from the host,…
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Magu to open defence before Salami panel today
After awaiting a copy of the claims against him, the Presidential Investigation Committee on the activities of the Economic and Financial Crimes Commission (EFCC), on Wednesday agreed to give the suspended Acting Chairman of the agency Mr. Ibrahim Magu a report to enter his Defence. The report is that of the Presidential Committee on…