Tag Archives: efcc

Buhari Orders Suspension of EFCC Secretary And 11 Magu Loyalists

President Muhammadu Buhari has ordered the suspension of the Secretary of the Economic and Financial Crimes Commission, Olanipekun Olukoyede and 11 other directors who are said to be loyalists of the embattled former EFCC Boss, Ibrahim Magu.

According to report, the order was handed down following a request by the presidential panel investigating the allegations of graft and misconduct against the former EFCC acting chairman , Ibrahim Magu .

It was learnt that the directors were asked by the Attorney General of the Federation , Abubakar Malami ( SAN ) , to proceed on suspension on Tuesday in compliance with the presidential order .

A source hinted that the panel actually requested the suspension of all the directors in the commission.

It was gathered that this is happening as some loyalists to Magu were said to have fled with some sensitive files requested by the presidential panel .

It was also said that the failure of some of the loyalists referred to as Magu boys to provide the sensitive files requested by the panel is being treated as a serious security issue.

Meanwhile , Magu on Wednesday demanded a copy of the report of the Presidential Committee on Audit of Recovered Assets and a memo by the Attorney- General of the Federation to the President in which 22 allegations were levelled against him .

The former EFCC boss in a letter to the panel chairman , Justice Ayo Salami, dated July 15 , 2020 , explained that he had not seen the allegations and petitions against him despite spending over nine days in custody.

Osinbanjo Says Finding An Anti-Corruption Crusader Will Soon Be An Issue In Nigeria

Nigeria Vice-President, Yemi Osinbanjo has said that as things is going pertaining corruption in the country it would get to a point that many people would become discouraged to stand up against corruption.

Osinbanjo who said this in his address at the 20th anniversary regional webinar organised by the Independent Corrupt Practices and other offences Commission titled “Combating corruption and illicit financial flows: New measures and strategies”, said the fight against corruption is nuanced and hydra-headed, and that it is not going to get easier by the day; as a matter of fact, it will get more difficult by the day and many will become discouraged in standing up against corruption.

However he pointed that it is the duty individuals and institutions, especially in developing countries where corruption has such a devastating effect, to ensure that fight against corruption is being prioritised and continually devise new ways and new approaches even as the hydra-headed problem itself continues to manifest in different ways.

Osinbajo said the administration of the President Muhammadu Buhari had been demonstrating the political will and support for anti-corruption measures, which, he said, had afforded all anti-corruption agencies in the country the latitude to do their work without interference.

He noted that over the years, massive public resources and assets have been directly stolen, diverted, deliberately misapplied to gratify corrupt tendencies, stashed in foreign jurisdictions or mired in and susceptible to pilferage by the inequitable and unjust international economic system that continues to undermine the social and economic development aspirations of poor countries, especially from Africa.

The VP also noted that without effectively combating corruption and IFFs and promoting international cooperation for asset recovery and asset return, Africa cannot achieve the Sustainable Development Goals 16 which is devoted to corruption.

He as well said that said breaking the wall of secret corporate ownership was crucial, especially in developing countries, because secrecy around corporate ownership was implicated in the countries’ underdevelopment.

The Vice President said the experience in Nigeria, as in other developing countries, is that anonymous corporate ownership covers a multitude of sins, including conflict of interests, corruption, tax evasion, money laundering, and even terrorism financing.

He also disclosed that Nigeria was in the process of amending its corporate law to mandate the disclosure of beneficial interest in a company’s shares and prescribe punitive measures for failure of disclosure.

Osinbanjo added that the country must make corruption expensive for those who engage in it and send the unequivocal message that corruption simply does not pay.

Presidential Panel: Magu unable to account for N550bn cash recovered from 2015 to 2020

The currently sitting Presidential Panel on the embattled Acting Chairman of the Economic and Financial Crimes Commission (EFCC) has said that the EFCC boss had been unable to account for the interest generated from N550bn cash recovered from 2015 to 2020.

Recall that a panel had earlier indicted Magu of similar corruption allegations for which the Nigerian Senate had sort to deny him confirmation as substantive Chairman of the anti-corruption agency.

The current presidential panel is asides from the Justice Ayo Salami, that is also investigating the activities of Magu and other top officials of the Federal Government agencies.

The previous committee was led by Alhaji Abdullahi Ibrahim and the members were DIG Anthony Ogbizi; a member from Federal Ministry of Justice; Mualledi Dogondaji from the EFCC; Hassan Abdullahi from the DSS; an unnamed member from the Office of the Accountant General of the Federation; Chinedu Ifediora from the NFIU, while Mr Kazeem Attitebi served as the secretary.

The committee’s report, it was learnt, became the basis for the setting up of the Salami-led panel.

The report titled, ‘Final Report of the Presidential Investigation Committee on the EFCC Federal Government Recovered Assets and Finances from May 2015 to May 2020’ was obtained by the Federal Government-owned News Agency of Nigeria.

‘What New EFCC Boss Must Do To Succeed ‘ Staff Give Tips

Some staff ofEconomic and Financial Crimes Commission (EFCC) have given out some tips to the newly confirmed Acting Chairman of commission, Muhammad Umar in order for him not to fall in to pit which swallowed his predecessor.

This is a coming after President Muhammadu Buhari had bring an end to the speculation about who would be the next EFCC boss by appointing the Director of Operations at the Economic and Financial Crimes Commission (EFCC), Mohammed Umar, as the commission’s new boss.

The staff of the commission who pleaded anonymity reacting to the appointment said the it is a well deserved one, however for him to succeed, Umar must undo a lot of the decisions Magu made, like acknowledging ‘unjust dismissals’, some of which have been judged in court in favour of the staff, by effecting the judgments and reinstatement.

The staff again said that he must return the training of staff to the commission’s academy and return it to its pride of place before the emergence of Magu in 2015.

Another staff said he must also restore strict adherence and implementation of the rights and privileges of the staff of the commission by bringing back the implementation and enforcement of the Staff Regulations of our commission which had always been the yardstick before Magu,” another staff said.

A senior official of the EFCC said Umar must have the courage to recognize and acknowledge the ranking system of the commission and discontinue the internal strife that continues to grow within as regards promotion, responsibility of regulars who were usually made to condescend to police officers lower in rank on grounds of “experience”.

“He must undo the creation of many redundant and non-efficient zonal offices which Magu created with no sincere purpose but to siphon funds which otherwise would have been used for operation costs. He must pay cognizance to the specialized trained forensic and special duty officers and their units because they were trained at a huge expense only for Magu to transfer them out on a frivolous basis,” the official said.

In the same vein a female staff said the new EFCC boss must ensure that career progression as stalled by Magu to allow police superiority in the commission, be addressed as many promotions have been stalled for years.

She further said that he must ensure prompt payment of backlog of staff allowances which have altogether been stopped for years by Magu. She also added that delays in payment of operational travel allowances and nonpayment thereof must stop.

Another staff stated that he must begin to observe the rights of alleged persons in EFCC media publications in line with the adherence to the not guilty until proven guilty by law aspect, to avoid defamation of character and other unnecessary litigations by persons investigated.

He added that he must strive to achieve special courts for corruption to hasten the judicial process in corruption cases because our cases are sometimes deliberately made to linger for no reason.

[Opinion] Of Suspension Jinx In Nigeria’s Anti-graft Boss Office

Since the establishment of the anti corruption agency known as Economic and Financial Crimes Commission saddled with the responsibilities of combating financial and economic crimes and also to prevent, investigate, prosecute and penalise economic and financial crimes in Nigeria, by Olusegun Obasanjo Administration back in 2003, four high profile police officers with very vast experience of financial crime have assumed the head of the commission.

There haven’t been an eagle that lacks the capacity killing a chicken among them, but despite their crusade in ensuring that the corruption becomes a thing of history in this country, none of these four have left office without facing at least one or two allegations that will inadvertently lead to their removal or suspension from office. The latest been Ibrahim Magu.

The suspended EFCC boss who is still answering questions from the Justice Ayo Salami-led presidential panel became the boss of the anti-graft commission in 2015. He is been questioned over the allegations which emanated from a report by the Attorney- General of the Federation, Abubakar Malami ( SAN ) and a DSS report which was submitted to the Senate in 2016 and 2017. Magu was accused of living above his means, fraternising with corrupt individuals, diversion of recovered funds and many others.

The anti-graft boss was also accused of insubordination as well as discrepancies in the figures of funds recovered by the EFCC, disposing of assets, especially buildings seized from corrupt politicians and others, without approval, or knowledge of the AGF’ s office, which is the supervisory ministry of the EFCC .

He succeeded Ibrahim Lamorde who was suspended in the early days of Buhari’s administration for allegedly mismanaging N1. 3trillion recovered by the anti-graft agency and also on the account that the presidency was angry that the EFCC did not take action on former Minister of Petroleum Resources Mrs. Diezani Alison-Madueke until the National Crimes Agency in the United Kingdom invited her for questioning.

Lamorde himself took over the mantle of leadership in the anti corruption agency after his predecessor who was the second Boss of the agency was asked to vacate office by President Goodluck Jonathan over the accusation that EFCC had been selective in its investigations and there was news of her falling out with the Attorney-General and Minister of Justice, Mohammed Bello Adoke over the prosecution of cases that were brought before the court. It was also alleged that Farida Waziri might have compromised the investigation into financial misappropriation against the former governor of Bayelsa state, Timipreye Sylva.

Nuhu Ribadu, the first EFCC chairman who also set the sack/suspension record associated with the last days of anyone who has ever sited on the apex chair in the anti corruption agency’s office was not only sacked from office but was demoted from Assistant Inspector General of Police to Commissioner of Police. He was alleged to have been involved in abuse of human rights of suspects among other things and it was also believed that Ribadu’s troubles was link to his refusal to terminate the corruption trial of James Ibori, former governor of Delta state and Yar’Adua’s close ally.

As observed, no EFCC boss have been able to receive ‘thank you, you have done well’ message as they leave office, despite been an alpha-dog against corruption in the country. And the question is why is it so? This was partially answered by a source in a report published by Dailytrust on July 8, this year particularly on Magu’s saga. The source said “I can tell you that all the allegations against Magu are untrue. I see the whole situation as a power play. He concluded by saying; “Preparations for the 2023 elections are another reason they want Magu out because he knows too much.

To large extent, one will agree with the source that perhaps EFCC bosses always know too much that is why there is hardly a farewell funfair for them as they leave office but rather a suspension or sack notice. One can also say( as held by some quarters) that it is perhaps, due to the fact it is not possible to fight corruption in this country, because it seems it always fight back, something sort of a karma. But why is karma not fighting anti-graft crusaders in other climes?

Things will surely continue as they’re and the onlookers will as usual be taking the country for a joke until it finds a means of ensuring that the looted funds recovered are not relooted by those responsible for recovering the funds and the government itself.

The next EFCC boss will not be able to break the suspension jinx until the government begin to be using the recovered funds for tangible projects which will not be of benefit to some set of people but to the general public, so as to make us know that the corruption agency isn’t set up just to humble those that don’t want to be licking the government’s butt.

Written by: Hassan Temitope

Twitter: @hatdapoet

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