Magu Derides Fresh Plot to Sack Him

Mr. Ibrahim Magu
Mr. Ibrahim Magu

Magu Derides Fresh Plot to Sack Him

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, yesterday said the war against corruption has just started.

Mr. Ibrahim Magu
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu

He said he had no fear in his “Deoxyribo Nucleic Acid” (DNA) which is sometimes called “the molecule of life”. “Corruption flourishes when good people fail to confront it”.

Magu, who opened up in an in-house magazine of the anti-graft agency, EFCC Alert, said the battle against corruption had reached a level where no one could stop it.

The Acting EFCC Chairman said the commission would not succumb to pressure under any guise.

Magu has been facing a series of plots since he stepped on toes with the investigation of many high-profile cases.

The National Assembly has launched a fresh plot for the removal of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.

The plot includes the alleged instigation of a petition by some forces and anonymous staff of the EFCC in order to rein in Magu.

But the EFCC boss said he was ready to fight corruption to the end and warned that the days of impunity are over.

He said: “Those talking about succumbing to pressure do not know Ibrahim Magu. I have no fear in my DNA. The bigger they are, the better for me. I do not fear anybody.

The EFCC’s motto is ‘Nobody is above the law’. That is what it is supposed to be; equality before the law is the grand norm of our constitution. So, we cannot succumb to pressure.

“Victory is certain for the common man. It is part of my vision to take the fight against corruption to the grassroots. We shall not betray the trust and confidence reposed in us. We have reached a level where nobody can stop us in the fight against corruption, but we all must realize that we are all stakeholders, and this fight is for the future generation.”

Magu said the only way to bring succour to this country was to wage war against corruption.

He added: “Those who dread to be punished for their corrupt deeds should take notice that the EFCC is watching. It would be naive for anyone to expect the fight against corruption to be smooth; you should expect resistance and opposition which are expressed in various guises.”

“If you go to the United States or the United Kingdom, they are all awash with news about our efforts in the fight against corruption, particularly the Malabu Oil scandal.”

In spite of the criticisms against the EFCC, he said the agency had recorded some achievements, including a record of 137 convictions between January and August 2017.

He said: “We are making progress. Nigerians are aware of the achievements that we have recorded in the fight against corruption especially in the area of assets recovery. We got the court to forfeit to the Nigerian Government a sum of N7.6 billion which was hidden in a Nigerian bank by a former petroleum resources minister, Diezani Alison-Madueke.

“The commission recovered over N329 billion from a group of oil marketers for the Nigerian National Petroleum Corporation. These are major recoveries from a sector of the economy. I have the pleasure to report that the commission between January and August 30, 2017 recorded monetary recoveries (that amounted to) N409,270,706,686.75; $69,501,156.67;£231,118.69; €610,816.20; 443,400.00 Dirham; and 70,500 Saudi Riyal. Remarkable as this feat is, we are not resting on our oars.

“In the area of prosecution of cases in court, we are making progress despite the antics of some persons accused of grand corruption to delay trial. Between January and August this year, the EFCC recorded 137 convictions. The potential for improvement is good as more cases are brought to conclusion.”

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