Anti-Magu senators may send 15-man team to Buhari

A curious payment of N2, 922, 236.310 to 54 Senators during the tenure of Chief David Mark as Senate President is now engaging the attention of the Economic and Financial Crimes Commission (EFCC).

Each of the Senators is believed to have received N45, 509, 090.

It is one of the issues Senator Mark is expected to throw light on during his ongoing interactive session with the agency, The Nation learned authoritatively yesterday.

Five of the 54 Senators that benefitted from the N2.9billion largesse are still members of the Green chambers of the National Assembly.

Among them is a principal officer of the Senate.

While investigators suspect that the money may have been sourced from the accounts of the National Assembly, citizen Ifeanyichukwu Obazi-Nweze, in a petition, claimed that it was trapped cash of the Peoples Democratic Party (PDP).

The discovery of the cash disbursement by EFCC is believed to have sparked the latest move by some Senators to block the re-nomination of Mr. Ibrahim Magu for confirmation as substantive Chairman of EFCC.

The lawmakers are said to have drawn the battle line with him.

Sources said yesterday that they planned to send a 15-man secret delegation to Buhari to protest against Magu and demand his removal.

Investigation by The Nation showed that the ex-Senate President and some of the beneficiaries of the largesse will have to explain who authorized UBA to raise five manager cheques in favour of the defunct Bank PHB and GTB.

The manager cheques were listed as MC No. 03816905 (N2,275,454,500)- Bank PHB; MC 03816915 (N133,400,000)-Bank PHB; MC No. 03816909(N103, 800,000)-Bank PHB; and MC No. 03816918(N364,072.720)-GTB.

Investigation showed that each of the 50 beneficiary Senators collected N45, 509, 090 amounting to N2,275,454,500.

A document, obtained by our correspondent, reads in part: “The above manager cheque number 03816905 with a value of N2,275,454,500 was deposited into the accounts of 50 Senators as beneficiaries.

“Manager Cheque No. 0386915 of the sum of N133, 400,000 and MC No. 03816909 of the sum of N103, 800,000 have four beneficiaries as follows: N133, 400,000; N51,900,000; N86, 250,000 and N51,900,000.

“However, it is important to note that the beneficiaries of Manager Cheque(MC) No. 03816918 of N364, 072,720 to GTB and MC No. 3816912 of N45, 509, 090 to WEMA Bank are yet to be ascertained. All efforts are being made to uncover the beneficiaries.”

A highly placed source said: “From what detectives have done, we are investigating alleged conspiracy, abuse of office and misappropriation of public funds of N2, 922, 236, 310 when Sen. David Mark was the President of the Senate.”

The source said EFCC commenced its investigation into the matter in 2015 following petitions by National Assembly workers and one Ifeanyichukwu Obazi-Nweze of Abogu Financial Company Limited who claimed that the money was trapped cash of the Peoples Democratic Party (PDP).

“The probe is not targeted at David Mark or the Senate or the nation’s 109 Senators,” the source said.

“Yet, no anti-graft agency will gloss over N2.9billion shared by 54 Senators in one day.

“It is a case which preceded the eighth Senate but as we probe on a daily basis, we dig up more facts on how funds were siphoned from the coffers of the National Assembly into private accounts.

“Contrary to the claim that the cash amounted to trapped funds of PDP, our team succeeded in tracing the source of the money to the account of the Senate and how it was deposited or transferred to the accounts of the affected Senators.

“We are looking at the motives behind the illegal withdrawal of the money and depositing of same to the accounts of the 54 Senators. We are also interested in the recovery of the public funds.”

Detectives are expected to recover and analyze all vouchers and other relevant documents from the National Assembly with a view to ascertaining the purpose of raising the five manager cheques and uncover any likely conspiracy and diversion of the funds.

“The investigating team has also been directed to invite the officials of the Finance Department of the National Assembly and signatories to the accounts to shed light on the purpose for which the Manager Cheques were raised to determine their roles in the transactions.”

Responding to a question, the source added: “The EFCC has not received the required cooperation from the staff of the National Assembly, especially members of the management.

“But we will explore ways of collaborating with these management staff to get to the roots of this fraud.”

On the link between the N2.9billion and the Peoples Democratic Party (PDP), the source said: “We have not established that it was a trapped cash of the opposition party. Rather, the cash in question came from one of the accounts of the National Assembly.

It was gathered that some of the affected Senators had launched desperate moves to halt the investigation.

A reliable source said: “Some of the 54 Senators have drawn the battle line with the acting Chairman of EFCC, Mr. Ibrahim Magu and have vowed to unseat him. They know they collected illegal money and may have to refund same.

“Already, they have raised a 15-man team to have audience with President Muhammadu Buhari on why Magu must be removed for looking into N2.9billion fraud. They are afraid of their shadows because the ongoing investigation is leading to more stunning discoveries.

“They believe they can only have their way if Magu is eased out of EFCC.”

http://thenationonlineng.net/marks-probe-efcc-uncovers-strange-payment-n2-9b-54-senators/

Lalasticlacla Mynd44

The truth is finally coming out some apc senator's are involve in this mess..........

That's why they want him out at all cost!

oh my fatherland na him people spoil like this

these among the reasons we have a docile Senate whose only aim is just to enrich their pockets
.

Stupid Government, I Bet You Buhari Will Say He Dosen't Know Anything Abt It

biacan:
who knows if bubu might not be among I'm watching closely

if u feel like criticising Buhari even when is clear that this is related to the senate not presidency, pls check ur use of English well girl, ftc is never an achievement okay?

thesettingz:

if u feel like criticising Buhari even when is clear that this is related to the senate not presidency, pls check ur use of English well girl, ftc is never an achievement okay?

Savage.

biacan:
The truth is finally coming out some apc senator's are involve in this mess..........who knows if bubu might not be among I'm watching closely

when will this (your watching) start yielding result nah

Only from the Nation newspaper

Buhari is a mistake

Corruption is definitely human in this country.

Uncovers indeed ..Buhari govt keeps fooling itself over 2019 politics ..Buhari no sane person will vote you after such a poor perfomance

Edopesin:
Stupid Government, I Bet You Buhari Will Say He Dosen't Know Anything Abt It

Given Buhari was not in power during the 7th or 6th senate as the OP states then how could he know about it

Hmmm

Edopesin:
Stupid Government, I Bet You Buhari Will Say He Dosen't Know Anything Abt It

Guess you read with your teeth

Always rushing to the media to expose their incompetence.

The EFCC is a sham

EFCC and their stupid distractions.

Left to PDP, this country would have been butchered and sold out in bits to other countries.

When people say the slogan of PDP is "share the money", they sound like they're joking, but underneath, they know nothing could be truer.

Yet, their supporters with tamper proof stupidity imagine we should have stuck with them.

Funny things

Maju is fighting back, trust me PMB won't back Maju this year, bcis of the coming election.

Investigation since 2015... yet no conclusion?

What a brainless & useless administration.


All nah media wash to make the resident zone-bs happy.

Shame!

One Professional Zone B is here below...

omenkaLives:
Left to PDP, this country would have been butchered and sold out in bits to other countries.

When people say the slogan of PDP is "share the money", they sound like they're joking, but underneath, they know nothing could be truer.

Yet, their supporters with tamper proof stupidity imagine we should have stuck with them.

Funny things

your people getting butchered under APC,but you value your 30k stipend more.

What could be worse?

DKJaleel:
your people getting butchered under APC,but you value your 30k stipend more.

What could be worse?

Blind support for blood money.

Read comment bellow from the brainwashed element.

These robbers occupying the "hallow chambers" have no single conscience!

The same David Mark that said phone is not meant for the ordinary Nigerian!

Wicked, heartless and senseless polithiefcians!

It's only The LORD that would deal with these evil men!

omenkaLives:
I support fulani herdsmen because it gives me the opportunity to prove my loyalty to Buhari

ok

[s]

omenkaLives:
Left to PDP, this country would have been butchered and sold out in bits to other countries.

When people say the slogan of PDP is "share the money", they sound like they're joking, but underneath, they know nothing could be truer.

Yet, their supporters with tamper proof stupidity imagine we should have stuck with them.

Funny things

[/s]
apc is bokoharam
apc is fulani herdsmen
why are always supporting evil
repent dude
grow up

Its the turn of Benue people.


Their APC governor is always in tears from burying his citizens.


The people are being mowed down by fulani terrorists while Buhari is busy seeking second term and Dambazzau laughing while on a condolence visit.


Paul Unongo is given a post by the fulani in their NEF so he would rather blame Buhari's opponent in 2019 than condemn the government of the day that is in charge of the security forces.


All of a sudden EFCC is after David Mark.


Decimate and incapacitate your opponents so that they will be too weak to challenge by the time you are ready to impose yourself on them.


Shine your eyes people!

It's still bad news to some people EFCC to them is an attack dog and the anti corruption war is a show off



All these discoveries up and down has totaled Nigerias budget if I am right

thesettingz:

if u feel like criticising Buhari even when is clear that this is related to the senate not presidency, pls check ur use of English well girl, ftc is never an achievement okay?

Petition was tendered in 2015, and it was tendered as PDP's trapped cash by a private financial company

It translates to the fact that the sharing was All under past administration even if it comes from National Assembly or not

Na just 10 million some people need to survive ohh.