• Contact Us
  • About Us
Tuesday, May 5, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

EFCC alleges plot to frame Magu

metro by metro
November 2, 2017
in Economy
0
0
SHARES
0
VIEWS
Ibrahim MaguThe Economic and Financial Crimes Commission has raised the alarm over an alleged plot to frame its Acting Chairman, Mr Ibrahim Magu, with ownership of assets abroad.
The spokesman for the commission, Mr Wilson Uwujaren, said in a statement on Wednesday that “shadowy interests at the receiving end” of the agency’s anti-corruption campaign were behind the alleged scheme.
“Those behind the plot, which is believed to be part of a grand design to discredit the anti-graft czar, have allegedly finalised plans to name Magu as the owner of choice properties in exotic locations abroad.
“The commission has information that the desperate cabal could take their gambit to the ridiculous extent of purchasing properties and registering them in the name of Ibrahim Magu to make the plot believable.
“They are also prepared to sponsor some political hirelings who would come out openly to claim they have information about the property acquisitions.”
According to him, the alleged plot is aimed at tainting the “unblemished integrity” of Magu to make him an object of public ridicule.
“The commission, however, wishes to alert the public that Magu has no interest in any property whatsoever outside Nigeria.
“He has neither bought a house anywhere outside Nigeria nor commissioned any person or corporate body to acquire property in his name or any name remotely linked to him.
“The latest plot is coming many months after the commission similarly raised alarm over plots by some interests to pay humungous sums into Magu’s accounts with a view to releasing the information as evidence he had been compromised.”
The EFCC spokesman quoted Magu as saying that the schemes would never make him lose focus in his assignment to defeat corruption in the country.
“They can only irritate me, but they can’t stop me because all men of goodwill in this country know the sacrifices that we are making to improve the fortunes of our nation.
“Those who assume that I have properties abroad, can go and claim them”, Magu was quoted as saying.
(NAN)

Read Also

Nigeria Records First Contraction In Economic Activity In 16 Months As PMI Falls Below 50

Naira Records Lowest Loss In Three Weeks

FG Eyes ₦700bn Via April Bonds

Tags: EFCCMagu
Previous Post

FG moves towards border controls on hard currency

Next Post

Buhari writes NASS, to present 2018 budget Nov 7

Related Posts

CBN
Economy

Nigeria Records First Contraction In Economic Activity In 16 Months As PMI Falls Below 50

April 30, 2026
UBA, Fidelity, Others Extend Workdays As CBN Insists On January 31 Deadline For Depositing Old Naira Notes
Economy

Naira Records Lowest Loss In Three Weeks

April 25, 2026
Debt Management Office
Economy

FG Eyes ₦700bn Via April Bonds

April 23, 2026
FG Intensifies Moves To Avert Looming Inflation Protests Amid Hide & Seek Game In Week Of Decision
Economy

Nigeria’s Budget  System Archaic,  Drives Unsustainable Deficit-Ugwudioha

April 19, 2026
Next Post
Buhari sends 2017 draft budget to Senate for approval

Buhari writes NASS, to present 2018 budget Nov 7

Zenith Bank’s Architect Jim Ovia Retires, Hands Reins To Bello

Zenith Bank’s Architect Jim Ovia Retires, Hands Reins To Bello

May 5, 2026
oil

Oil Eases On Signs US Loosening Iranian Closure Of Strait Of Hormuz

May 5, 2026
US, Iran Launch New Attacks As Wrestling For Control Of Gulf Waters Intensifies 

US, Iran Launch New Attacks As Wrestling For Control Of Gulf Waters Intensifies 

May 5, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version