Corruption: I Don’t Care Who You Are, I’ll Go After You – Magu

Acting Chairman of the EFCC, Ibrahim Magu speaking to journalists in Benue state


Acting Chairman of the Economic and Financial Crimes Commission, (EFCC), Ibrahim Magu, has distanced himself and the anti-graft agency from political inclination.

Speaking with journalists on Monday, Mr Magu stated that the agency will come after anyone alleged to be corrupt, regardless of who they are.

“I don’t care who you are, where you come from. The political inclination is not an issue, so there is no question of identifying the chairman of a political party under investigation,” he said.

“If you are corrupt, I’ll go after you. You can see the two governors who were convicted were APC governors; there is no doubt about that”.

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He further explained that the agency does not invite people on a hear-say basis, but only when there is something linked to the person.

“If you are corrupt, we usually conduct a very thorough preliminary investigation before we go after you, that’s why if you are invited by EFCC, there must be something.

“I think the fear factor is helping a lot,” he added.

Magu: EFCC Is Investigating Okorocha, Others


The Economic and Financial Crimes Commission (EFCC) has confirmed that it is investigating Governor Rochas Okorocha of Imo State and some other Nigerians.

Acting chairman of the anti-graft agency, Mr Ibrahim Magu, affirmed this during an exclusive interview with Channels Television in London.

Asked if an investigation is ongoing regarding the governor, he responded, “definitely”.

“Of course, we are doing a couple of checks and investigations here and there. We are investigating almost everybody,” the EFCC boss added.

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He noted that the commission has to get to a certain level before it can disclose any information about an ongoing investigation.

EFCC Is Investigating Okorocha, Says Magu


Mr Magu explained that this was necessary to prevent any action that can jeopardise or interfere with the process of the inquiry.

According to him, Governor Okorocha is one of the many people being investigated by the commission.

The EFCC boss said although he was aware of reports of the investigation on the social media, the details the anti-graft agency has was different from what was in the public space.

He, however, declined to disclose it.

On the EFCC’s probe of the Senate President, Dr Bukola Saraki, he said there was nothing personal.

Magu is in the United Kingdom to meet with investigators assisting the Nigerian government in solving cases of money laundering and financial crimes.

Recently, Governor Okorocha gave an indication that he was under the spotlight of the EFCC, saying he is the most investigated governor in the country.

EFCC Recovers Over N117bn, Secures 192 Convictions In Three Months

EFCC Recovers Over N117bn, Secures 192 Convictions In Three Months
A file photo of Mr Ibrahim Magu


The Economic and Financial Crimes Commission (EFCC) says it has made recoveries totalling over N117 billion since the beginning of 2019.

The acting EFCC Chairman, Mr Ibrahim Magu, who disclosed this on Thursday in Abuja, said the commission recovered N239.16 in 2018.

Mr Magu made the disclosure during his appearance before the House Committee on Anti-Corruption and Financial Crimes, to give an appraisal of EFCC’s 2018 budget performance and defend its 2019 budget proposal.

He also revealed that the anti-graft agency obtained 313 convictions in 2018 while more than 190 convictions have been secured since January 2019.

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“In the first quarter of 2019 financial year, the commission made recoveries which include cash recovery of N140.7 million, direct deposit of N2.021 billion, tax recoveries of N7.20 billion, subsidy recovery – N3.06 billion, and USD recovery of $292 million,” the EFCC chairman said.

He added, “In the course of the year 2018 financial year, the commission obtained 313 convictions across its offices. It interesting to know that the commission has also obtained 192 convictions from January 2019 to date.”

Magu, however, identified incomplete budgetary releases as a major reason for the inability of the agency to meet its needs and obligations.

He appealed to the House Committee to increase the budgetary allocation for the EFCC in 2019, in order to carry out its duties effectively.


The Director of the Nigerian Financial Intelligence Unit (NFIU), Mr Modibbo Hamman-Tukur, also appeared before the committee to defend the budget of the agency.

He outlined some of the objectives the NFIU has to meet following the lifting of Nigeria’s suspension from the Egmont Group.

Hamman-Tukur informed the lawmakers that the 2019 budgetary proposal for the agency was insufficient as it needed adequate funds to effectively carry out its role.

The Chairman of the House Committee, Kayode Oladele, promised the EFCC and NFIU that the lawmakers would consider their requests.

Earlier, he welcomed them to what he said was the last defence session of the 8th National Assembly and gave an overview of the committee’s work.

N1.3 Trillion Stolen Between 2011 And 2015, Magu Reveals

BREAKING: Police Promote EFCC Boss Magu, 17 Others
File photo: Ibrahim Magu


The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has revealed that the money stolen between 2011 and 2015 is well over N1.3 trillion.

According to Magu, the money stolen within this period was by 32 entities, both human and corporate.

Magu made the disclosure in his keynote address at the opening ceremony of the 2019 First Batch Conversion Training Programme to Procurement Cadre for Federal Parastatal and Agencies, organised by the Bureau of Public Procurement, BPP, in Lagos on Monday.

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Magu, in a paper delivered on his behalf by the Commission’s Secretary, Ola Olukoyede decried the huge financial loss to the country and noted that a quarter of the money could have been used for education and infrastructure development in the country.

“One third of this money, using world bank rates and cost, could have comfortably been used to construct well over 500km of roads; build close to 200 schools; educate about 4000 children from primary to tertiary levels at N25million per child; build 20,000 units of two-bedroom houses across the country and do even more.

“The cost of this grand theft, therefore, is that these roads, schools and houses will never be built and these children will never have access to quality education because a few rapacious individuals had cornered for themselves what would have helped secure the lives of the future generations, thereby depriving them of quality education and healthcare, among others,” he added.

The EFCC boss further identified the fraudulent practices in procurement processes in Nigeria to include: kickbacks, conflict of interests, and fraud in the bidding process, bid suppression, collusive bidding, bid rotation and market division. Others according to him are: co-mingling of contracts, change order abuse, cost mischarging, defective pricing, false statement and claim, phantom vendors, product substitution, unnecessary purchases and purchases for personal use or resale.

EFCC To Reward Nigerians For Information About Vote Buyers

You Can't Be Fighting Corruption And Be Corrupt – EFCC Boss
File photo: Ibrahim Magu


As part of efforts to ensure a successful general election, the Economic and Financial Crimes Commission (EFCC), has warned against vote-buying and has promised to reward any Nigerian with useful information about anyone involved in the act.

According to a statement issued on Wednesday by the Ag Head. Media & Publicity of the anti-graft agency, Tony Orilade, the reward is in accordance with the Whistle Blowing policy.

Also according to the statement, the Acting Chairman of the Commission, Mr Ibrahim Magu, warned against voter inducement, saying that the full weight of the law will be applied against perpetrators and receivers of illicit funds to undermine the elections and its national security.

The statement read, “We wish to warn Nigerians against those who intend to engage in voters inducement.

“There are existing laws in the Electoral Act, 2010 (EA), which forbid voters inducement.

“For the avoidance of doubt, Section 124 of the Electoral Act, 2010 says that any person paying money to any person as bribe at any election is liable to punishment of N500,000 fine or 12 months imprisonment or both upon conviction.

“Section 124 of the Electoral Act, 2010 also states that any person receiving any money or gift for voting or to refrain from voting at any election will be liable to a maximum fine of N500,000 or 12 months imprisonment or both.

“We, therefore, urge Nigerians to avoid or resist inducement from corrupt politicians and vote for the candidates of their choice.

“We also seize this opportunity to state that that EFCC in collaboration with INEC will reward any patriotic citizen that provides authentic information leading to the apprehension of any culprit of vote buying in accordance with the Whistle Blowing Policy.

“Our investigations and intelligence gathering sources have revealed that certain corrupt politicians have perfected plans to pollute the electoral process with illicit and looted funds.

“We also have intelligence reports on the plans by some countries in collaboration with some politicians and looters to bring in foreign currencies to induce voters and undermine the elections.

“But our operatives in collaboration with sister agencies are doing everything possible to block the illicit funds and ensure credible polls in the country.

“It is our collective duty to resist attempts to corrupt our electoral process by exposing the evil perpetrators”.

EFCC Boss Raises Alarm Over Name-Dropping, Warns Nigerians Against Impersonators


The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has raised an alarm over the illegal action of some people using his name to defraud innocent Nigerians on the guise of securing favours from him.

He insisted that he has never instructed any relation or officers and men of the commission to engage in any business transaction or wield influence in cases or investigations before the Commission.

In an official statement on Friday, Magu urged the general public to beware of certain dubious people who are dropping his name for non-exiting jobs or favour.

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Magu said, “My attention has just been drawn to latest despicable activities of certain disgruntled elements in our society who have decided to drop my name in order to defraud unsuspecting members of the public over non-existing jobs and unusual favours.

“I wish to say with high sense of responsibility that I have never authorize any officer and men of the commission, including my relations to engage in any business transaction or promise jobs for gratification.

“I wish to further inform the general public that recruitment of officers and men into the commission is strictly on due process.

“I therefore advise the general public to beware of impersonators that are peddling unfounded information about my humble self and the commission.

“I urge the general public to quickly alert the commission whenever anybody claims to be acting on my behalf or the EFCC for favours.”

N5bn Libel Suit: I Wouldn’t Buy Houses In Maitama, Magu Tells Court

N5bn Libel Suit: I Wouldn't Buy Houses In Maitama, Magu Tells Court
Acting EFCC Chairman, Ibrahim Magu, at the Lagos State High Court sitting in Ikeja on December 13, 2018.


The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has told a Lagos State High Court sitting in Ikeja that he has only one house in Abuja, the Federal Capital Territory.

Magu gave the testimony on Thursday while testifying in a suit he filed against the publishers of the Sun Newspaper.

He told Justice Doris Okuwobi that the publication alleging that two houses were traced to his wife by the Department of State Service (DSS) was false, stressing that he has only one house in the Karo area of Abuja.

The EFCC boss had sued the publishers of the newspaper for a series of publications which he described as libellous and claimed had damaged his character.

He claimed N5bn damages and demanded that the Sun Newspapers publishes an apology as well as retract the alleged libellous publications.

While responding to questions today from his counsel, Wahab Shittu, on the allegations of a story published in March entitled, ‘Magu Under Fresh Probe’, Magu said nobody has investigated him since he came to the EFCC.

He said, “I am not under any probe; the publication is totally false. Even if I have the money, I wouldn’t buy houses in Maitama. My wife is a civil servant. We only have one house sold to us in Karo, Abuja. The publication is completely untrue.”

“I want to tell you the damage it has done to me. It was not caused to me alone, it has gone down my lineage, the entire family, and it has done so much wrong. It has done so much damage. They said the houses are located in the Darrubbe and Missouri, Maitama and that they belong to my wife.”

“My wife Fatima Yakaka Magu is a civil servant and cannot afford to buy houses in Maitama. I am an international man and the publication has damaged my reputation. The name Magu does not only end with me. The publication caused a whole lot of trauma for my lineage,” he decried.

“They did not confirm the authenticity of the story, the publication about the properties did not give an address, that indicates that it is a hatched work. After the first publication, there were a lot of reactions so they went to my hometown to interview everybody that knows me just to do justice to the first publication.”

When asked what arm of government was supposed to confirm him as the chairman of the EFCC and how many times has he been rejected by the arm, Magu said the Senate was saddled with the responsibility of confirming him and that he had been rejected twice by the Senate.

He, however, said he was not worried that he was not confirmed as the chairman of the anti-graft agency.

After listening to the arguments in the court, Justice Okuwobi adjourned the matter till February 28, 2019, for further proceedings.

EFCC Secures Over 150 Convictions In Seven Months

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has disclosed that over 150 convictions have been secured by the commission in the last eight months.

Magu said this on Monday during a stakeholders’ meeting with religious leaders, labour unions, and traders associations at the South West Zonal Office of the commission in Iyaganku, Ibadan, the Oyo State capital.

He called on individuals at the meeting to embrace the fight against corruption and urged them not to glorify corrupt leaders.

“This is a stakeholders’ summit because the fight against corruption affects all of us. Everybody in Nigeria is a stakeholder. Nigerians must take ownership of the fight against corruption.

“The number of convictions alone this year, I think we have about over 150 as at July.

“Corruption fight is not something you leave to only anti-corruption agencies. We can see that if Nigerians join in the fight against corruption, we have a longer and wider reach. The looting must stop. We should not glorify the corrupt; we should not appreciate the corrupt,” he said.

Magu also exonerated the commission of partisanship, noting that the EFCC has always made the general interest of the Nigerian populace arrowhead of its operation.

He also urged Nigerians to be transparent in the business activities they are engaged.

Magu was welcomed to the zonal office by the zonal director of EFCC South-West zonal headquarter, Mr Ibrahim Abdulrasheed Bawa; zonal director of National Orientation Agency (NOA) Mrs Dolapo Dosunmu, and leaders of labour unions, religious organisations, trade unions.

Osinbajo Meets With Magu, New Acting DSS DG

Yemi Osinbajo


Acting President Professor Yemi Osinbajo on Tuesday met with the Economic and Financial Crimes Commission (EFCC) boss, Ibrahim Magu, and the new acting Director-General of the Department of State Services, Mattew Seiyefa.

The meeting comes hours after the acting president directed the termination of the appointment of the former DSS DG, Lawal Musa Daura with immediate effect.

Subsequently, Daura was asked to hand over to the most senior officer of the agency until further notice.


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DSS officials had stormed the premises in the early hours of Tuesday, barricading the entrance and preventing the lawmakers from entering.

Journalists were also barred from entering the complex with the DSS officials claiming that the blockage was an order “from above.”

The lawmakers alleged that the move by the security officials was an attempt to aid the impeachment of Senate President Bukola Saraki and the Deputy Senate President Ike Ekweremadu.

Magu Calls for Reforms To Tackle Corruption In Education Sector


Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has urged members of the academia to rise up to the challenges of the 21st century, and to nip in the bud, the rising cases of corruption in Nigeria’s tertiary institutions.

Magu said this at the closing event of a two-day retreat for the National Universities Commission (NUC) Committee of Vice Chancellors and Pro Chancellors, which held at the NUC head office in Abuja, between May 8 and 9, 2018.

In a statement on Thursday by the Head, Media & Publicity, Wilson Uwujaren, Magu also described as unfortunate, a situation where “universities have been turned into contract awarding institutions without regards to rules and regulations attributed to procurement processes”.

He said: “It is ironic that funds allocated for development and researches in the universities are diverted into private pockets by unruly kleptomaniacs.”

Speaking on the theme, “Elements of Statutory Governance, Procurement and Financial Accounting in Nigeria Universities”, Magu, therefore, stressed that the EFCC remained resilient in the fight against corruption.

“We at EFCC are passionate towards engendering accountability and transparency through our proactive mechanism of checkmating corruption and we will remain antagonistic against fraud and every form of corruption in our institutions,” he said.

While calling for partnership, he added that: “We may not eradicate corruption completely because it is a crime as long as there are human beings, but we will reduce it if we agree to work together.”

He also used the opportunity to intimate participants of ongoing efforts of the EFCC at ensuring that anti-corruption course is incorporated into the university curriculum.

“We are partnering with the NUC to develop a robust curriculum in economic crimes and anti-corruption which will be integrated into the university system,” he said.

Magu acknowledged the strides in the educational sector, with the production of great minds like Prof. Iliyasu Bakarau, Prof. Wole Soyinka and the late Prof. Chinua Achebe, but noted that recent developments now place the citadels of learning at an environment rift with corrupt practices, maladministration and diversion of public funds.

“Our universities must endeavour to change the current negative narrative regarding the quality of education in Nigeria,” he said.

Police Promote EFCC Boss Magu, 17 Others

BREAKING: Police Promote EFCC Boss Magu, 17 Others
File photo: Ibrahim Magu


The Police Service Commission (PSC) has approved the promotion of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), DCP Ibrahim Magu, to the rank of Commissioner of Police.

A statement from the PSC Head of Press and Public Relations, Mr Ikechukwu Ani, revealed that the commission also promoted 17 other senior police officers.

The promotions were one of the high points of the commission’s 27th plenary meeting which ended on Friday in Abuja, the nation’s capital.

The meeting was presided over by Chairman of the PSC and a retired Inspector General of Police, Dr Mike Okiro.

According to the statement, the PSC approved promoted AIG Agbola Oshodi-Glover who is in charge of Zone 11, Osogbo, to the next rank of a Deputy Inspector General of Police.

Similarly, CP Ghazzali Mohammed, the Commissioner of Police, Administration, DLS, Force Headquarters, and CP Peace Ibekwe Abdallah who is the former Commissioner of Police in Ebonyi State Command and currently the CP, Force Intelligence Bureau at Force Headquarters, were promoted to Assistant Inspector General of Police.

Senior officers also elevated to the rank of Commissioner of Police are Ebere Onyeagoro – DCP Administration, Kaduna State Command, and Moshood Gbolarumi – DCP Maritime, Lagos.

Other promotions approved by the PSC include one Assistant Commissioner of Police to Deputy Commissioner of Police, nine Chief Superintendents of Police to Assistant Commissioners of Police, one Deputy Superintendent of Police to Superintendent of Police, one Assistant Superintendent of Police to Deputy Superintendent of Police, and one Inspector to Assistant Superintendent of Police.

Dr Okiro congratulated the newly promoted officers and urged them to rededicate themselves to the service of their fatherland.

He also assured them that the commission would continue to pay attention to their basic entitlements which include regular promotions.

You Can’t Be Fighting Corruption And Be Corrupt – EFCC Boss

You Can't Be Fighting Corruption And Be Corrupt – EFCC Boss
File photo: Ibrahim Magu


The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has warned officials of the agency to shun underhand dealings that can put the commission in a bad light.

He gave the warning on Monday at the EFCC Zonal office in Enugu State, where he urged the officials to see their work as a call from God to serve humanity.

“You cannot be fighting corruption and be corrupt,” Magu said in a statement by the EFCC spokesperson, Wilson Uwujaren.

“You must be committed to your work and not mind the temptations because we will not spare anyone who is corrupt,” he said.

The EFCC boss also advised them to always seek to learn from their superiors, saying nobody is a repository of knowledge.

Earlier before addressing staff members at the zonal office, he paid a courtesy visit to the Chief Judge of Enugu State, Justice Ngozi Emehelu.

Magu noted that the EFCC remains committed to learning and being guided by judicial prefects to carry out its functions of ridding Nigeria of corruption.

He said: “We are here to thank you for all your support and also solicit for more, knowing that we are not above board and will constantly need directions and guidance in the work we do.”

The EFCC boss stressed further that the judiciary was instrumental to the achievement of the anti-graft agency, adding that its support would be highly needed for continued success.

He also called on Nigerians across the country to do the needful and join forces with the commission to move the nation forward positively.

In her response, Justice Emehelu lauded the visit of the EFCC boss whom she described as a formidable and hardworking man.

She also assured him that the judiciary was poised to support the anti-graft agency in its efforts at eradicating corruption from the country.

On the relationship between the commission and the judiciary, Justice Emehelu said: “The work we do and yours are very similar because they are service and public-oriented jobs that call for closer synergy between not just the EFCC and the judiciary, but also among other law enforcement agencies. We are ready and willing to support you but on the basis of mutual respect.”

Citing the judiciary as the balance between the legislature and executive, the Chief Judge said the need for a speedy trial of criminal cases cannot be over-emphasised, and that the judiciary was committed to effective justice delivery and speedy determination of cases.