Magu stated this in a report he presented to the House of Representatives Committee on Financial Crimes during the 2016 budget performance appraisal and defence of 2017 budget before the committee
Browsing: Economic and Financial Crimes Commission
The Economic and Financial Crimes Commission had charged the duo before a Federal High Court, Lagos for alleged five-count offences bordering on money laundering to the tune of N450 million
Her application, however, could not be heard because the judge ruled he would first consider a pending application challenging the court’s jurisdiction
In a statement after their arraignment, Belgore and Sulaiman said there was much more to the action of the EFCC than their receipt of the N450 million campaign fund from the Peoples Democratic Party Presidential Campaign Organisation
According to the petitioner, the accused diverted the money to pay for land allocations from the Lagos State Government in favour of Grand Towers Plc and MVJJDA Africa Limited, companies he allegedly has interest in
Nwosu and three former directors of the bank: Dayo Famoroti, Danjuma Ocholi and Agnes Ebubedike, are facing a 26-count charge bordering on stealing of N10.9 billion preferred against them by the Economic and Financial Crimes Commission
The party’s Publicity Secretary, Abayomi Adesanya, made the allegation in a statement in Akure on Tuesday
The money, domiciled with Guaranty Trust Bank, was discovered by the Economic and Financial Crimes Commission
The Economic and Financial Crimes Commission had dragged Fani-Kayode to court for allegedly receiving N26 million from the office of the former National Security Adviser, retired Colonel Sambo Dasuki
The Counsel to Fani-Kayode, Ameh Raji (SAN), made the application on his behalf
Ifeorah was on arraigned on January 18 alongside his company, Wigmore Trading Limited, by the Economic and Financial Crimes Commission on a two-count charge of stealing and fraud to which he pleaded not guilty
The two suits, which have been consolidated since the subject matter revolves around Magu, are now before Justice John Tsoho
The defendant pleaded not guilty to charges preferred against him
The EFCC will arraign him on Wednesday in court alongside four others – Bird Trust Agro Allied Limited, Intertrans Global Logistics Limited, Diakin Telecommunications Limited and Bal-Vac Mining Limited
Dogara gave the assurance on Tuesday during an inspection visit to assess the progress of work at the site
The group, numbering over 38, specifically urged the President to “ignore the detractors, who have been bought by corrupt politicians ahead of the 2019 general elections”
This was disclosed on Tuesday at a media briefing by the National Coordinator of HURIWA, Comrade Emmanuel Onwubiko; the Nigerian Human Rights Queen (2017), Miss Chioma Okoli; and other officials
The EFCC had on June 21, 2016 placed restrictions on two accounts of Fayose with Zenith Bank in connection with funds traced to a former National Security Adviser, retired Colonel Sambo Dansuki
In a statement by the acting spokesman of the APC in Delta State, Leonard Obi, the party called on the Economic and Financial Crimes Commission to probe the allegation of the missing $10 million to establish if Okowa was the one involved and also look into the alleged missing N48.6 billion Delta State Oil Producing Areas Development Commission fund
Magu said this in a statement signed by Wilson Uwujaren, the Head Media and Publicity of the commission, in Abuja