• Contact Us
  • About Us
Wednesday, October 15, 2025
  • 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

$2.5bn: Magu begs UK to extradite Diezani

metro by metro
February 18, 2020
in Economy
0
0
SHARES
0
VIEWS

The Acting Chairman of the Economic and Financial Crimes Commission [EFCC], Ibrahim Magu, on Monday has appealed to United Kingdom to extradite a former Minister of Petroleum Resources, Diezsni Alison-Madueke to Nigeria to account of alleged missing $2.5bn.

Magu who addressed journalists preparatory to the passing out parade of the EFCC trainees for Tuesday at the Nigerian Defence Academy, Kaduna, alleged that the former Minister had stolen so much that she needed to return them to the Nigeria government.

Read Also

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 

He alleged further that Diezani had stolen so much but noted that “unfortunately she has generation of looters supporting her.”

Magu said personnel of the EFCC were trained to shoot and kill corruption in Nigeria, therefore, the commission couldn’t be intimidated by any threat.

The EFCC boss said:

“I was in London this year, we did investigation together with the UK team, and anywhere I go I always call for extradition of corrupt Nigerians to return back the money.

“This woman has stolen so much, not less than 2.5 billion dollars, but unfortunately she has generation of looters who are supporting her. This is not good.

“We are in touch with the international community, she is under protective custody, otherwise, we would have arrested her, return her to Nigeria.”

Going down memory lane, Magu said corruption was surmountable, noting that in 2019, a total of 1,218 convictions were secured by the Commission.

“We will not allow corruption to work here in Nigeria because it is destructive and disastrous. We blocked several accounts,” he said.

Magu also said in January this year, 28 convictions were effected, involving billions of dollars and pound sterlings.

Tags: Diezsni Alison-MaduekeIbrahim MaguNigeriaUK
Previous Post

NERC Directs DISCOs To Increase Tariff From April 1

Next Post

Ship Registry: Nigeria To Begin Online Ship Registration

Related Posts

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility
Economy

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections
Economy

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

October 14, 2025
Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 
Economy

Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 

October 11, 2025
ABC Returns February 2026, Focuses On Growth, Reform, Partnerships
Economy

ABC Returns February 2026, Focuses On Growth, Reform, Partnerships

October 11, 2025
Next Post

Ship Registry: Nigeria To Begin Online Ship Registration

From survivor to global malaria champion

October 15, 2025

Aleph Hospitality Celebrates 50th Hotel and Sets Bold Growth Trajectory for 2029

October 15, 2025
Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
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