INVESTIGATION: Nigerian Recovered Assets Suffering ‘neglect’ After Final Forfeiture
NEWS DIGEST - This report takes a look at how Nigerian government failed to ensure proper utilization of recovered assets, together with the challenges of poor assets management by anti-graft agencies.
Assets recovery is a major activity...
Ibrahim Magu and Fair Hearing
By Godwin Onyeacholem
No sincere follower of the purported ongoing investigation of Ibrahim Magu, who was recently forcibly taken out as Acting chairman of Economic and Financial Crimes Commission (EFCC), would not describe the exercise as what it truly is: a...
Salami Panel: How Osinbajo's Aide Collected N250m without Executing Contracts
After receiving N250 million, Dr. Donald Wokoma, a Special Assistant (SA) to Vice President Yemi Osinbajo, allegedly failed to execute some contracts awarded to his firms in 2018.
The Economic Confidential gathered that Wokoma was a...
Salami Panel: Magu Boys Caught on Tape Demanding N75mn Bribe
A businessman has played a tape recording before the Justice Ayo Salami-led Presidential Probe Panel on how some operatives of Economic and Financial Crimes Commission (EFCC), popularly known as 'Magu boys' used a lawyer to...
Ibrahim Magu: The Emperor Has No Clothes
By Johnmary Chukwukasi Jideobi
“Those who fight corruption should be clean themselves”
- Vladimir Putin
BACKGROUND FACTS:
That the former Acting Chairman of the Economic and Financial Crimes Commission (called EFCC henceforth for short) was arrested on the 6th day of July,...
On Magu, VIPs and Security Agencies
By Mohammed Dahiru Lawal
Since the Economic and Financial Crimes Commission (EFCC) was founded in 2003 and its establishment act (2004) empowers it to prevent, investigate, prosecute and penalise economic and financial crimes in addition to the responsibility of enforcing...
