SALAMI PANEL LATEST: MAGU WRITES TO SUMMON MALAMI AS WITNESS

By Ikechukwu Nnochiri The suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, has applied for the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, to be summoned before the Justice Ayo Salami-led panel of inquiry, to give evidence as a witness.   Magu, who is facing probe over allegations bordering on abuse of office and mismanagement of Federal Government Recovered Assets and Finances from May 2015 to May 2020, applied for Malami to be compelled to appear before the panel…

Read More

P I&D SCANDAL: OVER 301MILLION DOLLARS SPENT AS BRIBE MALAMI

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has said that ongoing investigation has revealed that about $301 million was given as under-hand dealings to some persons in a bid to hide the illegality of the Process and Industrial Developments (P&ID) gas supply and processing deal. The Federal Government, during the administration of Late President Umaru Yar’adua in 2010, signed a contract with P&ID to build a gas supply and processing plant in Calabar, Cross River State capital, a contract the President Muhammadu Buhari government has said is…

Read More

NEW BILL BY MALAMI WEAKENS EFCC CHAIRMAN’S POST, CREATES OFFICE OF DG TO RUN THE COMMISSION

ENIOLA AKINKUOTU, BABATUNDE AJAJA, AFEEZ HANAFI, OLALEYE ALUKO and TOBI AWORINDE A new bill seeking to amend the Economic and Financial Crimes Act has weakened the Office of the Chairman of the EFCC and created a new position known as the Director-General of the EFCC, Sunday PUNCH has learnt. The bill, which was obtained by this newspaper, is titled, ‘An Act to Repeal the Economic and Financial Crimes Commission (Establishment) Act, 2004 (act no. 1 of 2004) and Enact the Economic and Financial Crimes Commission Act Which Establishes a More Effective and Efficient Economic and…

Read More

US TO SEIZE WANTED KOLA ALUKO’S 25MILLION DOLLAR MANSION

The money laundering and asset recovery section of the United States department of justice has begun proceedings to seize a mansion owned by Kola Aluko. The DoJ has initiated proceedings at the US District Court for the Southern District of Texas to seize the mansion which is valued at $25 million and located in Los Angeles. According to Africa Intelligence, the US government told the court that the mansion was bought to “launder ill-gotten gains” from Nigeria. Aluko, an ally of Diezani Alison-Madueke, Nigeria’s former minister of petroleum resources, has…

Read More

BATTLE OVER WHO SUCCEEDS MAGU RAGES IN ASO ROCK

Aisha Buhari, Malami, Gambari, Others Proposed 14 Candidates Indications at the Presidency may have sealed any hope of recalling the suspended acting chairman of the anti-graft agency, the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, a Commissioner of Police (CP). He was suspended on July 7, 2020 on allegations of official corruption. In order to justify his suspension, Malami instituted a probe panel headed by retired Justice Ayo Salami. Magu is being accused of sharp practices while he held sway at EFCC. But Magu is accusing his accusers of…

Read More

EFCC RE-ARRAIGNS MAMA BOKO HARAM, TWO OTHERS FOR FRAUD

By Soni Daniel, Abuja The Maiduguri zonal office of the Economic and Financial Crimes Commission has re-arraigned the Chief Executive Officer of Complete Care and Aid Foundation, Aisha Alkali Wakil, popularly known as ‘Mama Boko Haram’ before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri, on amended four-count charge bordering on conspiracy, giving false information and cheating to the tune of N6 million. At the sitting, prosecution counsel, Mukhtar Ali Ahmad, informed the court of a pending amended charge and urged the court to strike out the earlier…

Read More

MALAMI SPEAKS ON CONSPIRING WITH LAWYER TO NAIL MAGU

Abubakar Malami, the Attorney-General of the Federation, AGF, and Minister of Justice, has described as false reports that he conspired with a lawyer to testify against Ibrahim Magu, the suspended Chairman of the Economic and Financial Crimes Commission, EFCC. Malami made the denial in a statement signed by his spokesman, Umar Gwandu and made available to reporters on Monday. The statement said that report about the Malami’s involvement with one Donald Wokoma was false. The statement reads: “The attention of the office of the Attorney-General of the Federation and Minister…

Read More

NO LET OFF FOR MAGU AS SALAMI PANEL CONTEMPLATES FURTHER INVESTIGATIONS

Olawale Olaleye New facts emerging from the Justice Ayo Salami panel, which investigated the suspended chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, have contemplated the possibility of further investigations, which might lead to a criminal prosecution of the suspended EFCC boss. Some of the new facts have also revealed how the Salami panel might have established enough evidentiary grounds for Magu’s eventual removal in their report, investigation of which started mid July with several witnesses, who assisted in the investigation. The panel, it was also gathered,…

Read More

MAGU REACTS AS JUSTICE SALAMI PANEL RECOMMENDS HIS DISMISSAL AND TRIAL

The Judicial Commission of Inquiry led by Justice Ayo Salami (retd) set up by the President, Major General Muhammadu Buhari (retd), to investigate the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has submitted an interim report to the President. The report was said to have recommended Magu’s sacking. A report by an online medium, TheCable, stated that the President was asked to appoint a new chairman for the anti-graft agency. A top source in the police told Saturday PUNCH that although the panel was still probing Magu, testimonies…

Read More

I DON’T KNOW WHEN THE MAGU PROBE WILL END- JUSTICE AYO SALAMI

Justice Ayo Salami, the Chairman of the Judicial Commission of Inquiry set up to probe the suspended acting Chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Magu, has said he does not know when the probe will end. Salami, who is a former President of the Court of Appeal, said this during a chat with The PUNCH on Thursday. When asked when the probe would end, he said, “I really don’t know.” He subsequently refused to speak afterwards and did not respond to phone calls. The President, Major General Muhammadu…

Read More