Connect with us

Hi, what are you looking for?

News

Diezani: UK Slow in Prosecution, No Kobo Recovered From $2.4bn Loot – Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has accused the UK authorities of being too slow with the prosecution of Diezani Alison-Madueke, former minister of petroleum.

Speaking on Wednesday while receiving a team of International Criminal Police Organisation (Interpol) at the commission’s headquarters in Abuja, Magu said the case has festered for the past four years with no positive result.

He said no kobo had been recovered from the $2.4 billion allegedly frittered away by the ex-minister.

“There is the case of Diezani which has been going on for over four years and the amount involved is about $2.4 billion and no kobo has been recovered from overseas,” he said.

“Though we have not been able to arrest some of these fleeing people, it is good that they know they are on red notice, as there are Nigerians like Diezani whom we have applied for.”

Magu disclosed that getting Diezani, Dan Etete, also a former petroleum minister, and those who are abroad but facing fraud charges in Nigeria back to the country has been a problem.

He urged the countries hosting the former officials to either prosecute them or hand them over to Nigeria “since they are Nigerians.”

The EFCC chairman assured Interpol of the commission’s continued support on information sharing.

“We are willing to cooperate with Interpol at all times, if there is anything other enforcement agencies cannot provide especially in financial crime, the Interpol is sure to get result here in EFCC because we specialize in financial crime, money laundering and terrorist financing,” he said.

“We are thankful for Interpol residency in the EFCC 24/7. We are delighted that the collaboration with Interpol is yielding results, especially in the area of intelligence.”

In June, detectives from the UK visited Nigeria to “gather more evidence” against Diezani.

__

Follow us on Twitter at @thesignalng

Copyright 2019 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant source.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

Former Governor Willie Obiano of Anambra State was, on Wednesday, arraigned before a Federal High Court in Abuja, on nine-count charge of money laundering...

News

There is anxiety in some quarters in Rivers State as the Economic and Financial Crimes Commission, EFCC, is set to reopen the books to...

News

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has vowed to revisit the probe of the Minister of State for Defence,...

News

The Chairman House of Representatives North West Caucus Hon. Sada Soli (APC, Katsina) has condemned the recent invasion of the operatives of the Economic...

Copyright ©