Tag Archives: EFCC

Ibrahim Magu Photo

The Case Against Magu

The Case Against Magu

It appears to be the beginning of the end for Ibrahim Magu as chairman of the Economic and Financial Crimes Commission, EFCC, with his suspension by President Muhammadu Buhari. What it suggests is that the allegations raised against him by Abubakar Malami, attorney general of the Federation and minister of justice may have merit after

Ibrahim Magu Photo

Buhari Suspends Magu

President Mohammadu Buhari has suspended Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission, EFCC, as his investigation entered the second day Tuesday at the Presidential Villa, Abuja. There had however been no official confirmation to this effect. A Presidential aide has described the allegations against Magu as weighty. The presidential aide who

Osagie Ize-Iyamu Photo

Ize-Iyamu’s Ill-health Forces Adjournment of EFCC N700m Money Laundering Case

The Federal High Court in Benin, Edo State adjourned till July 14, 2020, the N700 million alleged money laudering suit filed by the Economic and Financial Crimes Commision (EFCC), against Osagie Ize-Iyamu, governorship candidate of the All Progressives Congress, APC, and four others. The other defendants in the suit are former Edo State Peoples Democratic

Ibrahim Magu Photo

Magu, EFCC Chairman Arrested By DSS

Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission, EFCC has been arrested by operatives of the Directorate of the State Services, DSS early Monday morning. Though the initial reports of the arrest indicated that he was arrested based on the allegations that dated back to 2010 and 2016, it is said

Buharu, Trump, EFCC & ICPC Photo

War Against Corruption or War Against Opposition?

President Muhammadu Buhari’s war against corruption is yielding visible results yet more money is being looted from government treasury than ever while loyalists and core APC members appear exempted from prosecution. Five years into the eight President Muhammadu Buhari has to leave indelible marks on the sands of time, some loyalists are getting worried that

Paulinus Nsirim Photo

N118bn Unlawful Withdrawals: Rivers State Insists on Not Releasing Officials to EFCC

Rivers State Government has insisted that it would not release any government official to the Economic and Financial Crimes Commission (EFCC) for any investigation. The Commissioner for Information and Communication, Paulinus Nsirim, said apart from the fact that the state government would not submit to a media trial of its officials by the EFCC, there

How EFCC, FBI Traced Over N.6 Bn to Suspected Female Cyber Fraudster

A joint operation by the Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, and the Federal Bureau of Investigation, FBI, has led to the arrest of a female suspected cyber fraudster to whom 185 Bitcoin with a market value of N656,371,490 had been traced. Disclosing this to newsmen Monday in Benin, Muhtar