Nigeria News Forum

The Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has said the agency is investigating a sum of $15,591,700, which Patience, wife of former president, Goodluck Jonathan, claimed belongs to her. Magu said this in Lagos on Tuesday while fielding questions from journalists after an interactive session with the commission’s external lawyers and civil society organisations. Patience Jonathan The EFCC chairman added that some banks in the country which allegedly helped in concealing stolen money in the country would soon face trial by the commission. “We are on it (Patience’s $15,591,700). You see, we work for the long-term. We must complete our preliminary investigations before we come out. We will not spare anybody. We cannot protect anyone form answering to the people. EFCC Boss- Magu “Determination is key. I believe we will go a long way. Our tomorrow is better than our today.” Magu said banks and their officials who helped in stealing publi...

Senator Dino Melaye, representing Kogi West Senatorial District, on the platform of ruling All Progressives Congress, APC, has dragged Manitoba Hydro International Nigeria Ltd, to the Economic and Financial Crimes Commission, EFCC, over alleged diversion of N13.8 billion and abuse of Public Procurement Act. In a petition, dated July 28, 2016, submitted to the EFCC, weekend, and received by the agency’s Head of Media and Public Affairs, Osita Nwajah, the senator accused Manitoba Hydro International Nigeria Ltd of diversion of funds, economic sabotage, criminal violation and abuse of Public Procurement Act. Melaye, through his organisation, Anti-Corruption Network, which he founded to assist in fighting corruption in the country, said his petition against the foreign company was borne out of objectives of the organisation’s desire to ensure that economic and financial crimes in the country were not only duly investigated but also prosecuted. In the petition to the anti-graft agency, M...

Speaker Yakubu Dogara The Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to the Speaker of the House of Representatives Mr Dogara Yakubu requesting him and other principal officers “suspected to be involved in the alleged budget padding to step aside pending the outcome of investigation by the Economic and Financial Crimes Commission (EFCC) and other agencies.” The Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to the Speaker of the House of Representatives Mr Dogara Yakubu requesting him and other principal officers “suspected to be involved in the alleged budget padding to step aside pending the outcome of investigation by the Economic and Financial Crimes Commission (EFCC) and other agencies.” Yakubu Dogara The letter dated July 29, 2016 and signed by SERAP executive director, Adetokunbo Mumuni stated that, “Following confirmation received by SERAP from the EFCC that it has taken up and looking into SERAP’s pet...