👤 EXCLUSIVE: Adenike Lucas, DENISAURUS News
The battle to save the job of the rejected acting chairman of the Economic and Financial Crimes Commission, EFCC, by the pioneering executive of the commission has exposed the hidden secret shared by both.
An investigation conducted by a top security and investigation consultant, George Uboh has shown that two former heads of the commissions had failed to remit the sum of N1.993 trillion.
Mr Uboh’s investigation gave details of how Nuhu Ribadu who served as the Executive Chair of the EFCC, between 2003 and 2007, and Ibrahim Lamorde (2011 – 2015) embezzled huge sums during their tenure.
Our own investigative report shows that aside to wanting to protect his links with the arrested Air Commodore Umar Mohammed (rtd) from the public, Mr Magu also has to cover the allegation made against his friends, Mallam Ribadu, Mr Lamorde and a few others.
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Ribadu: No Asset Forfeiture Unit
Farida Waziri lambasted Mallam Ribadu recently, saying he “should be grateful to me that I cleaned his mess by creating an Asset Forfeiture Unit to put the records straight and do things rightly.”
Mrs Waziri, the first woman to head the EFCC, while responding to an allegation, exposed Mallam Ribadu who she said had failed to account for monies taking from suspects.
Mrs Waziri set up the Asset Forfeiture Unit in 2008 – an ‘important’ department in the EFCC which keeps record of all assets recovered from suspects before, during and after investigation.
Senate Say No Because of DSS Report
Due to an indicting report, the Senate rejected the nomination of Mr Magu as the substantial chair of the commission.
The Three Musketeers Need To Be Saved
The Senate’s decision to reject Mr Magu has put the “three musketeers” has they are popular known into panic mode.
Ribadu has taken a special interest to pleading for his friend Mr Magu seeing as “he knows the implication of what could happen to the shady deals done whilst he was head,” a source informed DENISAURUS News.
An EFCC staff who has worked at the commission since 2004, said “a lot is about to be exposed.”
Request To Investigate Ribadu, Lamorde and Magu
Dr Uboh has written a letter to the Director General of the Department of State Security, DSS, with his petition.
The petition which was dated 19th December was signed by the former EFCC consultant, who requested the DSS to make Mr Magu effect the remittance of the funds to federal government coffers. It also called for Mr Magu to be prosecuted.
Dr Uboh said that of the N2.051 trillion recovered by the EFCC since inception, only N6.7 billion was remitted to the federal government leaving a balance of N1.993 trillion unremitted funds.
The editor of this paper reported Dr Uboh’s claims in a news story that was published on the 23rd of August.
In our original report, we noted that Mrs Waziri saw the anomalies and discrepancies on Asset Recovery. This led her to conduct a thorough investigation, and a department for “Assets Forfeiture Unit” was created in 2008 for the first time in the history of the EFCC.
The Daily Trust notes that the executive director the Citizens Advancement for Social and Economic Rights (CASER), Barrister Frank Tietie has given the National Assembly 48 hours to review all cases handled by the EFCC where persons, who have forfeited monies to the commission will appear to testify.