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EFCC Have Secured 486 Convictions From 2015 Till Date – Magu.

For Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, it was time yesterday to give account of his stewardship.

Speaking before an audience of dignitaries, including President Muhammadu Buhari and House of Representatives Speaker Yakubu Dogara and Commonwealth Secretary General Baroness Patricia Scotland, Magu said the EFCC had recovered over N500billion from looters between November 2005 when he took office and now. Besides, 486 convictions have been secured.

The President twice presented Magu’s name for confirmation. He was rejected by the Senate but the Presidency said he remained the best man for the job.

Magu spoke in Abuja during the inauguration of the N24-billion new headquarters of the anti-graft agency.

He said: “In 2018 alone, we have secured 89 convictions. Thus so far, we have secured

Magu spoke in Abuja during the inauguration of the N24-billion new headquarters of the anti-graft agency.

He said: “In 2018 alone, we have secured 89 convictions. Thus so far, we have secured 486 convictions from November 2015 till date.  We have recovered funds in different currencies and, so far, we have recovered more than N500 billion.

“The recoveries meant for the Federal Government are duly remitted to its account while recoveries for individuals and private institutions are equally paid to them in accordance with the law.

“We are also making strides as it relates to the prosecution of high-profile cases. For instance, for the first time in the history of Nigeria, a Senior Advocate of Nigeria was convicted in a case prosecuted by the EFCC.

“I, therefore, again, restate the commitment of the Commission to the fight against corruption.

“We do not go after innocent citizens, we go after those who have stolen and arrogated same to themselves, like President Buhari has said.”

from November 2015 till date.  We have recovered funds in different currencies and, so far, we have recovered more than N500 billion.

“The recoveries meant for the Federal Government are duly remitted to its account while recoveries for individuals and private institutions are equally paid to them in accordance with the law.

“We are also making strides as it relates to the prosecution of high-profile cases. For instance, for the first time in the history of Nigeria, a Senior Advocate of Nigeria was convicted in a case prosecuted by the EFCC.

“I, therefore, again, restate the commitment of the Commission to the fight against corruption.

“We do not go after innocent citizens, we go after those who have stolen and arrogated same to themselves, like President Buhari has said.”

Magu said the Federal Government had recovered and was still recovering trillions of naira stolen in the past few years by “people without conscience”.

President Buhari said his administration never engaged in witch-hunt in its anti-corruption war.

He urged Nigerians to change their ways of handling public trust and pleaded with the Judiciary to continue to collaborate with the Executive to bring corrupt people to book.

He also told the audience that he was ousted from office as a military leader in a palace coup in August 1985 for fighting corruption.

President Buhari, who ruled between January 1, 1984 and August 27,1985 as Head of State, was overthrown in a coup led by then Chief of Army Staff Gen. Ibrahim Babangida and subsequently detained. Gen. Babangida replaced him and ruled the country till he stepped aside on August 27, 1993.

He said although the corrupt would always fight back, he would not be intimidated, adding that the Federal Government was determined to make a success of it.

“War of corruption is not an easy one to fight, because it affects so many different branches of our lives, so much that some people do not even consider breaking trust is anymore a crime. It has become the norm. That is why we must fight this attitude and encourage Nigerians to change their attitudes and perspectives,” Buhari said.

He went on: “The goal of this Administration is to ensure the protection of public trust, and the anti-corruption war is at its centre. We never intended, and we are not engaged in witch-hunt, but we are determined within the laws to call people to account.

“It is for this reason that we appeal to Nigerians to support regulatory agencies, like Economic and Financial Crimes Commission, because fighting corruption is everyone’s concern. I call on the Judiciary and the National Assembly to join hands in this national effort.

“  I am glad to note that quite a number of nations are signifying interest to help us tighten their laws and enter into agreements with Nigeria to repatriate not only stolen funds but to make the culprits face due process of law.

“We are committed to working with our foreign friends to stop the inflow of stolen funds from Nigeria into their countries and recovering what is there already.  These assets, when repatriated will be put to building our infrastructure.”

“My first attempt to fight corruption, corruption fought back successfully. I was removed from office and detained for three years,” the president said.

Buhari said with the anti-graft war by his administration, everyone now knows that corrupt officials will be held to account no matter how long it takes.

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About Olaniyi Apanpa (527 Articles)
Olaniyi Apanpa is a media practitioner and sports enthusiast. Contact at greenballmedia51@gmail.com

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