A former Executive Director with First Bank of Nigeria Plc, Dauda Lawal, currently standing trial for allegedly receiving money traced to the purported loot of Diezani Alison-Madueke, a former minister, has testified before the presidential panel investigating Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC). Lawal testified before the […]
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The South-South Governors Forum on Thursday declared wholehearted support for the forensic audit of Niger Delta Development Commission (NDDC) ordered by President Muhammadu Buhari. The Forum, however, deplored, with great concern, the crisis rocking the commission and said that it was convinced and expecting that the audit would serve to put the NDDC on a […]
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The suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu,has described the allegations levelled against him as “nonsense”. Speaking with The Nation hours after he was released from police custody, Magu said he was shocked when he read the allegations designed to tarnish his image. He was arrested last week and […]
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The Honourable Minister for Niger Delta Affairs, Senator Godswill Obot Akpabio, has said that the events of the last few days at the National Assembly were a clear indication that corruption is fighting back at him. Senator Akpabio who was a former Governor of Akwa Ibom State and one-time Senate Minority Leader was speaking in […]
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The Office of the Vice President of Nigeria, Prof. Yemi Osinbajo on Wednesday responded to a series of tweets and online publications on PointBlank News and Newsreel.com.ng credited to one Jackson Ude. The publication stated that he received the sum of N4 billion from the embattled acting chairman of Economic and Financial Crimes Commission (EFCC), […]
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The Peoples Democratic Party (PDP) has insisted that Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC) must be prosecuted for the allegations of corruption levelled against him. The PDP made the demand in a statement issued by Kola Ologbondiyan, its National Publicity Secretary, on Wednesday. Magu has since Monday […]
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A former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu, who is facing tiral for alleged money laundering, says 98 per cent of the $9,772,800 and £74,000 cash recovered from a safe in his house in Kaduna State are gifts from well-wishers. He stated that the other two per […]
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Nigeria’s President Muhammadu Buhari has suspended Ibrahim Magu as Acting chairman of the Economic and Financial Crimes Commission, EFCC, Magu had spent the night in a police cell at the Headquarters of the Force Criminal Investigation Department (FCID) in Abuja. This comes after a six-hour grilling by a presidential panel, chaired by Justice Ayo Salami, […]
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The candidate of the All Progressives Congress, APC, for September 19th governorship election in Edo State, Osagie Ize-Iyamu, will appear in court on today (Tuesday) Ize-Iyamu is standing trial for eight counts of money laundering to the tune of N700m meant to prosecute the general election of 2015, in a case preferred against him by […]
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The Department of State Services, DSS, has said that it did not arrest the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. The Service’s Public Relations Officer, Peter Afunanya, made this known in a statement on Monday. The statement reads: “The Department of State Services (DSS) wishes to inform the public […]
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