• About
  • Advertise
  • Privacy & Policy
  • Contact
NetbuzzAfrica.
  • Home
  • Africa
    • All
    • East & Central Africa
    • North Africa
    • Southern Africa
    • West Africa
    Liquid Intelligent Technologies

    Liquid Intelligent Technologies Zambia launches Azure Stack

    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Yango

    YANGO Introduces State Of The Art Safety Technologies in Africa

    First National Bank to support Zambia’s capital markets

    First National Bank to support Zambia’s capital markets

    Hip Hop at 50

    Ghana Celebrates Hip Hop at 50

    Heavy rainfall in Côte d'Ivoire causes 30 deaths since April

    Heavy rainfall in Côte d’Ivoire causes 30 deaths since April

    6 killed and 4 wounded in a mass shooting in South Africa

    6 killed and 4 wounded in a mass shooting in South Africa

    Demonstrations in Kenya

    Six dead as police break demonstrations in Kenya

    African Gov'ts to Explore the Role of Coal at AEW 2023

    African Energy Week (AEW) 2023 to Explore the Role of Coal in Africa

  • People and Culture
    Cultural heritage

    Harnessing Cultural Heritage as a Catalyst for Economic Growth

    NAACP Amos C. Brown Student Fellows

    NAACP Amos C. Brown Student Fellows Return from Transformative Journey through Ghana

    Transportation Sector

    How The Transportation Sector Regained Momentum After Covid-19

    Four tips for redeploying high-value skills within your organisation

    Four tips for redeploying high-value skills within your organisation

    Top 5 African countries with the largest military personnel

    Top 5 African countries with the largest military personnel

    Owusuwah Asamoah at Face of Ghana Youth Awards

    We need women at all levels to reshape conversations – Owusuwah Asamoah

    Miss Legacy Ghana 2022

    Owusuwah Asamoah Crowned Miss Legacy Ghana 2022

    Masturbation can Boost Your Immune System

    Masturbating can boost your immune system to fight coronavirus – Doctor

    Man Borrows N400k From His Girlfriend to Marry Another Woman

    Man Borrows N400k From His Girlfriend to Marry Another Woman

  • Editor’s Pick
    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Suakin

    Six African heritage sites under threat from climate change

    Why a court should force Apple to reinstate Fortnite

    Why a court should force Apple to reinstate Fortnite

    Addis Ababa's Bole Airport Opens New Terminal

    Addis Ababa’s Bole Airport Opens New Terminal

    How men can improve their sexual performance

    How men can improve their sexual performance

    Uterine fibroids

    How To Treat Fibroid With Supplements

    The Future is Hydroponics

    Shaping a New Food System with Hydroponics

    5 Causes of Sexual Problems in Men

    5 Causes of Sexual Problems in Men

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

  • International
    German parliament reforms skilled work immigration law

    Germany introduces new ‘Opportunity Card’ for foreigners

    Kamala Harris

    WATCH: U.S. VP Kamala Harris meets Akufo-Addo at Jubilee House

    WorldRemit

    WorldRemit Data: Families to pay up to 57% more on school supplies

    Rihanna Gives Birth, Welcomes Her First Baby

    Rihanna Gives Birth, Welcomes Her First Baby With A$AP Rocky

    Jack Dorsey

    Jack Dorsey makes $978M from selling Twitter to Elon Musk

    Elon Musk secures $46.5 bln in funding for Twitter bid

    Elon Musk secures $46.5 bln in funding for Twitter bid

    African refugees fleeing Ukraine detained in EU immigration facilities

    Africans fleeing Ukraine ‘detained’

    Russia's oligarchs

    Who are Russia’s oligarchs and how do they play into the war in Ukraine?

    Roman Abramovich

    U.K. Sanctions Roman Abramovich, Deripaska on Russia’s War in Ukraine

No Result
View All Result
  • Home
  • Africa
    • All
    • East & Central Africa
    • North Africa
    • Southern Africa
    • West Africa
    Liquid Intelligent Technologies

    Liquid Intelligent Technologies Zambia launches Azure Stack

    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Yango

    YANGO Introduces State Of The Art Safety Technologies in Africa

    First National Bank to support Zambia’s capital markets

    First National Bank to support Zambia’s capital markets

    Hip Hop at 50

    Ghana Celebrates Hip Hop at 50

    Heavy rainfall in Côte d'Ivoire causes 30 deaths since April

    Heavy rainfall in Côte d’Ivoire causes 30 deaths since April

    6 killed and 4 wounded in a mass shooting in South Africa

    6 killed and 4 wounded in a mass shooting in South Africa

    Demonstrations in Kenya

    Six dead as police break demonstrations in Kenya

    African Gov'ts to Explore the Role of Coal at AEW 2023

    African Energy Week (AEW) 2023 to Explore the Role of Coal in Africa

  • People and Culture
    Cultural heritage

    Harnessing Cultural Heritage as a Catalyst for Economic Growth

    NAACP Amos C. Brown Student Fellows

    NAACP Amos C. Brown Student Fellows Return from Transformative Journey through Ghana

    Transportation Sector

    How The Transportation Sector Regained Momentum After Covid-19

    Four tips for redeploying high-value skills within your organisation

    Four tips for redeploying high-value skills within your organisation

    Top 5 African countries with the largest military personnel

    Top 5 African countries with the largest military personnel

    Owusuwah Asamoah at Face of Ghana Youth Awards

    We need women at all levels to reshape conversations – Owusuwah Asamoah

    Miss Legacy Ghana 2022

    Owusuwah Asamoah Crowned Miss Legacy Ghana 2022

    Masturbation can Boost Your Immune System

    Masturbating can boost your immune system to fight coronavirus – Doctor

    Man Borrows N400k From His Girlfriend to Marry Another Woman

    Man Borrows N400k From His Girlfriend to Marry Another Woman

  • Editor’s Pick
    African Development Bank and Google collaborate on digital transformation in Africa

    African Development Bank and Google collaborate on digital transformation in Africa

    Suakin

    Six African heritage sites under threat from climate change

    Why a court should force Apple to reinstate Fortnite

    Why a court should force Apple to reinstate Fortnite

    Addis Ababa's Bole Airport Opens New Terminal

    Addis Ababa’s Bole Airport Opens New Terminal

    How men can improve their sexual performance

    How men can improve their sexual performance

    Uterine fibroids

    How To Treat Fibroid With Supplements

    The Future is Hydroponics

    Shaping a New Food System with Hydroponics

    5 Causes of Sexual Problems in Men

    5 Causes of Sexual Problems in Men

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

    KAA Gent Sets €20 million on Sevilla-target Elisha Owusu

  • International
    German parliament reforms skilled work immigration law

    Germany introduces new ‘Opportunity Card’ for foreigners

    Kamala Harris

    WATCH: U.S. VP Kamala Harris meets Akufo-Addo at Jubilee House

    WorldRemit

    WorldRemit Data: Families to pay up to 57% more on school supplies

    Rihanna Gives Birth, Welcomes Her First Baby

    Rihanna Gives Birth, Welcomes Her First Baby With A$AP Rocky

    Jack Dorsey

    Jack Dorsey makes $978M from selling Twitter to Elon Musk

    Elon Musk secures $46.5 bln in funding for Twitter bid

    Elon Musk secures $46.5 bln in funding for Twitter bid

    African refugees fleeing Ukraine detained in EU immigration facilities

    Africans fleeing Ukraine ‘detained’

    Russia's oligarchs

    Who are Russia’s oligarchs and how do they play into the war in Ukraine?

    Roman Abramovich

    U.K. Sanctions Roman Abramovich, Deripaska on Russia’s War in Ukraine

No Result
View All Result
NetbuzzAfrica.
No Result
View All Result

President Buhari launches probe against suspended EFCC boss Magu

Staff Writer by Staff Writer
August 11, 2020
in Africa, West Africa
Reading Time: 4 mins read
A A
Home Africa
Share on FacebookShare on Twitter

President Buhari launches probe against Magu, EFCCPresident Muhammadu Buhari appeares to have bowed to public pressure to empanel a judicial commission of enquiry into the financial impropriety leveled against the suspended acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, by his supervising minister, Abubakar Malami, by finally authorising one to conduct a holistic probe of the man and the finances of the anti-graft agency from 2015 to 2020.

The panel, which is still headed by the former President of the Court of Appeal, Justice Ayo Salami, has six others as members.

READ ALSO

Liquid Intelligent Technologies Zambia launches Azure Stack

African Development Bank and Google collaborate on digital transformation in Africa

They are: DIG Anthony Ogbizi Michael (NPF)- South-South, Deputy Chairman; Muhammad Abubakar Babadoko, Federal Ministry of Justice (North Central); Hassan Yahaya Abdullahi (DSS) (North Central); Muhammad Shamsuddeen (OAGF) (North West); Douglas Egweme (NFIU) South-East, while Kazeem Attitebi (South-West) will serve as the Secretary.

Buhari in an authority instrument dated July 3, 2020, derivable from the Tribunals of Inquiry Act (Cap T21, LFN, 2004), gave the panel five key terms of reference and 45 days to conduct its inquiry and turn in its report to the Presidency.

Terms of Reference

The Extent of Mismanagement/Diversion of Recovered Assets
The panel is to investigate, verify and review the recommendations of the Presidential Committee on Audit of Recovered Assets as it relates to EFCC, with a view to ascertaining the complicity or otherwise of the acting Chairman, Ibrahim Magu, in the management of the assets recovered by the commission.

“Identify avenues through which the recovered assets are dissipated and seized, recovered, forfeited (interim and final) assets are valued, managed, disposed or mismanaged, with a view to ascertaining compliance or otherwise with extant laws, regulations, processes and procedures.

“Review the existing procedures on the management of the seized, recovered and forfeited assets (interim and final) and proffer standard operational procedure for the management of seized, recovered and forfeited assets.

“Determine whether movable or immovable assets, including funds or cash recovered during his tenure, whether locally in Nigeria or abroad, are being kept safely in a manner as to preserve their original value.

“Identify locations of all movable and immovable assets, funds or cash that are under interim or final forfeiture, based on administrative or court orders and identify the bank accounts to which recovered funds or cash were paid into and whether generated interests from the recovered funds or cash were properly accounted for.

“It is also to confirm whether all the assets could be properly accounted for by the acting chairman and take measures to confirm if any of the assets had been diverted to the benefit of the acting chairman, his family, relations, friends or favoured staff and recover any of such diverted assets, funds or cash, if any and recommend if the funds should be returned to EFCC or appropriate government agency, entities or individuals.”

Investigation of abuse of office and non-compliance with official directives

The Salami panel is to investigate report on the existence or otherwise of dereliction of duty and abuse of processes and procedures against the acting chairman of the EFCC as it relates to his conduct on the following:

‘’Investigation of P&ID and determine what happened when the case was first referred to him in 2016 and high profile local and international cases, inclusive of the case of Diezani Alison Madueke and others, complaints by the UK National Crime Agency, NCA, in London, complaints of non-compliance with court orders, complaints of non-compliance with procurement and financial management laws, non-compliance with presidential and ministerial directives.

Audit the accounts of EFCC as a legal entity

The panel is also to audit the accounts of EFCC as a legal entity in line with public service rules, EFCC Act and other extant laws of Nigeria, audit the assets and finances of EFCC as a legal entity from 2015 to 2020, with a view to ascertaining compliance or otherwise with procurement procedures of the EFCC in line with the Public Procurement Act.

Investigation into personal enrichment with the assets recovered

It is also to investigate and report on corruption and money laundering allegations involving the acting chairman and Bureau de Change operators, as well as some of his associates as per the intelligence reports and petitions and to work with any other persons, organizations or corporate entity to achieve the objectives of the terms of reference and to make any other observation and recommendations as it deems necessary.

Above all, Buhari authorised the panel to make appropriate recommendations concerning each person, authority and organisation investigated by it and what judicial or administrative measures if any, should be taken to recover all misappropriated funds and assets.

“I hereby direct the judicial commission to submit its interim report to me from time to time, but the judicial commission shall, in any case, submit its final report not later than 45 days from the date of its first public sitting or within such extended period as may be authorised by me in writing,” the President wrote in the authority instrument dated July 3, 2020.
It was not clear last night if the 33 days that the panel had already sat would form parts of the 45 days or not.

Magu, who was first accosted by the panel on July 6, 2020, has spent over 33 days with the panel before its terms of reference were changed and expanded from a mere investigative committee to a judicial commission of inquiry, which is more of a quasi court that can pass a binding verdict that can only be upturned by a high court.

A close look at the ToR released by the Presidency shows that the 22 allegations of wrongdoing levelled against Magu by the AGF, Abubakar Malami, formed the basis of the inquiry.

Tags: Economic and Financial Crimes CommissionEFCCIbrahim MaguMuhammadu Buhari
Previous Post

Actor Osofo Dadzie dies at 89

Next Post

Shaping a New Food System with Hydroponics

Staff Writer

Staff Writer

Visit NetbuzzAfrica.com for up-to-the-minute daily news and videos from Africa and other countries.

Related Posts

Liquid Intelligent Technologies
Southern Africa

Liquid Intelligent Technologies Zambia launches Azure Stack

September 24, 2023
African Development Bank and Google collaborate on digital transformation in Africa
Africa

African Development Bank and Google collaborate on digital transformation in Africa

September 24, 2023
Yango
Africa

YANGO Introduces State Of The Art Safety Technologies in Africa

September 24, 2023
First National Bank to support Zambia’s capital markets
Southern Africa

First National Bank to support Zambia’s capital markets

September 19, 2023
Next Post
The Future is Hydroponics

Shaping a New Food System with Hydroponics

Fast Rising Nollywood Actress Oyinkansola Bags Clothing Deal

Fast Rising Nollywood Actress Oyinkansola Bags Clothing Deal

The Unscripted Show Lisa

The Unscripted Show: Lisa Bounces Back with New Episode

Discussion about this post

Recommended.

Liquid Intelligent Technologies

Liquid Intelligent Technologies Zambia launches Azure Stack

September 24, 2023
Cultural heritage

Harnessing Cultural Heritage as a Catalyst for Economic Growth

September 24, 2023
Black Excellence in Sports

Global Black Impact Summit Celebrates Black Excellence in Sports

September 24, 2023
African Development Bank and Google collaborate on digital transformation in Africa

African Development Bank and Google collaborate on digital transformation in Africa

September 24, 2023
Yango

YANGO Introduces State Of The Art Safety Technologies in Africa

September 24, 2023
Pivot Digital Media Pivot Digital Media Pivot Digital Media
ADVERTISEMENT

Trending.

Black Alien Anthony Loffredo

I’m Not Human, I’m A ‘Black Alien’ – Anthony Loffredo

March 6, 2023
Kyle Burgess and Cougar

Cougar Stalks, Charges Utah Hiker for 6 Minutes

February 5, 2021
Exposed: Fauster Atta Mensah now scams as Professor John Vinzelts

Exposed: Fauster Atta Mensah now scams as Professor John Vinzelts

January 12, 2022
sex in UN official vehicle

Couple caught having sex in UN official vehicle

June 29, 2020
Couple defy lock down to have sex close to Buckingham Palace

Couple defy lockdown to have sex close to Buckingham Palace

April 13, 2020
ADVERTISEMENT

WHAT YOU MISSED

Ghana Celebrates Hip Hop at 50

by Samcilla Baakojr
August 23, 2023
0
Hip Hop at 50
Showbiz

Telling Ghana’s Own Love and Hip Hop Story in contribution to Hip Hop as a Global Culture On Sunday, 27th...

Read more

Germany introduces new ‘Opportunity Card’ for foreigners

by Samcilla Baakojr
July 29, 2023
0
German parliament reforms skilled work immigration law
International

The German parliament has passed legislation to open up new opportunities for job seekers from countries outside the EU and...

Read more

Five Nigerians join Oscars board

by Winifred Lartey
July 5, 2023
0
Five Nigerians join Oscars board
Movie

Five Nigerians from the country’s film industry Nollywood have been selected to become members of the Academy of Motion Picture Arts and Sciences.

Read more

Giving back to society not obligatory for all artists – Stonebwoy

by Winifred Lartey
July 4, 2023
0
Stonebwoy
Showbiz

Stonebwoy has a strong stance against illegal mining, popularly known as galamsey. He recently commissioned boreholes for communities in the...

Read more
NetbuzzAfrica.

© 2023, Netbuzz Africa. All Rights Reserved.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Africa
  • People and Culture
  • Editor’s Pick
  • International

© 2023, Netbuzz Africa. All Rights Reserved.