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Buhari appoints 40-year old investigator as EFCC chairman

Mr. Abdulrasheed Bawa, EFCC chairman nominee. By Editor, (Finance and Economy). President Muhammadu Buhari has finally sealed the fate of the former acting chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu, with the appointment of a 40-year old 2005 cadet investigator with EFCC, Abdulrasheed Bawa as new chairman. Magu, who was arrested, detained and recently investigated by the Justice Ayo Salami probe Panel sitting at Aso Rock, over corruption allegations, is yet to be retired or…

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NDDC: Sagay asks Buhari to sack IMC, inaugurate governing board

Prof. Itse Sagay, SAN, Chairman, PACAC. By Editor. Following the roiling saga of the large scale fraud, financial recklessness and incompetence of the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC), more leaders of the Niger Delta region have questioned the propriety of having the IMC in place and called for its disbandment.Giving his view on the saga, the Chairman of the Presidential Advisory Committee Against Corruption, Prof. Itse Sagay, has called on President Muhammadu Buhari…

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Arrest, grilling and detention of Ibrahim Magu: The ephemerality of power

Ibrahim Magu, EFCC chairman. OPINION. By Mike Ozekhome, SAN. Mr Ibrahim Magu has been acting as EFCC  Chairman for over five years. The Senate on two  occasions refused to confirm him, based on clear report on damning allegations of corruption leveled against him by Government secrete agency, the DSS. Magu’s compromised supporters and cheap publicists, eating from his table and those afraid of public denigration in the so called “anti- corruption war ” hailed and ‘ranka dede-d’ him. They …

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Diezani, others’, criminal charges not yet over, says EFCC

Ex-petroleum minister, Diezani Allison-Madueke. By our Correspondent. The Economic and Financial Crimes Commission (EFCC) has released a statement disclaiming the purported report that is making the rounds that it has dropped all criminal charges against the former minister of petroleum, Diezani Allison-Madueke and others indicted for money laundering. In a statement released today, November 27, 2019, and signed by its head of media and publicity, Wilson Uwajeren,, the agency said: “The attention of the Economic and Financial Crimes Commission,…

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Osinbajo releases details of grand corruption in Jonathan’s era

  Vice President, Yemi Osinbajo. Vice President Yemi Osinbajo’s office has revealed details of mind-boggling corruption during the Jonathan era and even called them a tip of the iceberg. The details were published last night in a reaction to the accusations by spin doctors of former President Goodluck Jonathan, who claimed Osinbajo made unsubstantiated allegations about grand corruption during the Jonathan era. The statement by senior special assistant on media, Laolu Akande, said the Vice President did not at…

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China rice donation: NEMA DG paid N400m demurrage for goods worth N414.8m

 The National Emergency Management Agency (NEMA) paid a whopping sum of N400 million in demurrage to clear rice donated by the Chinese government for distribution to Internally Displaced Persons (IDPs) in the North East which is valued at N414 million, the Director General of the agency Mustapha Yunusa Maihaja, has said. Documents submitted to the committee by the ministry of finance dated July 20, 2017, indicates that the total quantity of the rice is 6,779 metric tonnes valued at…

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