Alleged pension fraud: I don’t know where Maina is, Sen. Ndume tells court

Senator Ali Ndume on Friday told the Federal High Court, Abuja that he does not know the whereabouts of ex-Chairman, Pension Reformed Task Team, Abdulrasheed Maina.   Ndume, who is standing as surety for Maina, revealed this to Justice Okon Abang following the ex-Pension boss’ absence in court for the third time, which had stalled the ongoing trial. The News Agency of Nigeria reports that Maina and his surety, Ndume, were not in court at the resumed trial on September 29 and the matter was adjourned till September 30. Maina’s…

Time To Interrogate Internet Fraud In Nigeria By Seun Awogbenle

To save our country from what has become a national embarrassment, we must therefore redouble our fight against Internet fraud and clampdown on all the criminals who are involved. Lack of economic opportunity will never justify this wave of obsession for fraud and resort to cybercrime. Cybercrime and advanced fee fraud is growing at a very disturbing rate almost everywhere in Nigeria. I read recently in the news that two lecturers of the Kwara State College of Health Technology were arrested by the Economic and Financial Crimes Commission over alleged…

Internet Fraud: EFCC nabs Brothers, 3 Others In Ibadan

The Economic and Financial Crimes Commission (EFCC) has arrested two brothers and three others in Ibadan, over their alleged connection with internet fraud. This was contained in a statement signed by the commission’s Head of Media and Publicity, Dele Oyewale and made available to newsmen on Wednesday in Ibadan. The News Agency of Nigeria (NAN) reports that the suspects were arrested on Wednesday at their hideout situated in Alaka, Elebu area of Ibadan. Oyewale said that the suspects were arrested based on intelligence linking them with opulence without any identifiable…

Kwara govt receives N148m looted funds from EFCC

Kwara State Government has received a bank draft for another N148,049,580:81 looted funds which the Economic and Financial Crimes Commission (EFCC) recently recovered from some officials of the past administration. The money was received on Thursday on behalf of the state government by Commissioner for Finance and Planning Olasumbo Florence Oyeyemi, according to a statement from the ministry’s spokesperson Saad Hamdalat. She commended the EFCC for its patriotic efforts to stamp out corruption and abuse of public office, said the recovered funds would be duly appropriated and deployed to serve…

Gov AbdulRazaq hails EFCC,set to receive recovered funds

Kwara State Governor AbdulRahman AbdulRazaq on Wednesday commended the activities of the Economic and Financial Crimes Commission (EFCC), said the anti-graft body has helped to gradually restore some sanity and accountability in public administration in the country. AbdulRazaq stated this in Ilorin, the state capital, when the new Ilorin zonal head of the EFCC Oseni Kazeem paid him a courtesy visit.  Oseni had told the governor that a new N130m “looted funds” have been recovered from the previous administration in the state.  The Governor explained how recovered funds had helped…

EXCLUSIVE: Magu’s Full Response to Malami’s allegations Against Him

The suspended acting chairman of the Economic and Financial Crimes Commission (EFFC) Ibrahim Magu, has denied that he fraudulently enriched himself by diverting and mismanaging proceeds of recovered assets. In his response to a presidential probe panel investigating allegations of gross misconduct against him by the Attorney general of the Federation (AGF) Abubakar Malami, Mr Magu described the allegations against him as false and calculated to tarnish his image despite the “commendable” achievements of the EFCC under his leadership. In the detailed response, obtained by PREMIUM TIMES, Mr Magu instead…

Why are EFCC’s chiefs booted out of office always? By Abba Dukawa

The Economic and Financial Crimes Commission is charged with the responsibility of enforcing the provisions of other laws and regulations relating to economic and financial crimes, including: Money Laundering Act 1995, The Money Laundering (Prohibition) Act 2004, The Advance Fee Fraud and Other Fraud Related Offences Act 1995, The Failed Banks (Recovery of Debts) and Financial Malpractices in Banks Act 1994, The Banks and other Financial Institutions Act 1991; and Miscellaneous Offences Act. Since the Commission was established, it has had four chairpersons, Malam Nuhu Ribadu (2003 – 2007); Mrs. Farida…

Magu, Maggots And Maga Dogs By Festus Adedayo

Is there a crime-fighting institution or architecture in Nigeria? The answer is no. Our measurement of their suitability is the candidate’s ethnic affiliation, the person who introduces them and their loyalty to the occupier of authority seat. To expect a thorough-bred czar to come out of such a nebulous system is hypocrisy of the highest order. Again, the system felled Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission (EFCC) last week. It had always done that. Olusegun Obasanjo, the maiden president at inception of Nigeria’s fourth republic,…

IG orders withdrawal of all police personnel serving at EFCC

The Inspector-General of Police IGP Mohammed Adamu on Friday directed the immediate withdrawal of all police operatives serving at the Economic and Financial Crimes Commission (EFCC). The directive which was contained in a signal to the Assistant Inspector General (AIG), Police Mobile Force (PMF), PMF Squadrons one to 79, Force Secretary and Commissioners of Police of all the state commands and the Federal Capital Territory (FCT) also directed that the exact number withdrawn be replaced with new operatives. According to the order, only staff of EFCC should be allowed access…

Magu and the Abuja Power Game By Olusegun Adeniyi

“Steve Manson’s magazine dealt in corruption: he attacked the rich, the powerful and the famous – and he made enemies. In a job like that, you couldn’t afford to have dirty secrets of your own. With the whole town itching for you to make a slip, it was like living in a goldfish bowl…” — Goldfish Have No Hiding Place. I don’t know if the detained acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, grew up (like some of us) reading the novels of English…