Acting Chairman of Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, says politicians defecting from one party to another would not be shielded from prosecution by the anti-graft agency.

Speaking during a parley with editors in Lagos on Wednesday, Magu said there is no hiding place for such politicians in the fight against corruption by EFCC.

“The fact that a politician jumps from one party to another will not stop EFCC investigation; we don’t stop investigation until it is concluded.

“It is only the courts that have the powers to decide on whether to exonerate or convict any indicted politician,” said the EFCC chairman.

Responding to alleged interference by the ruling All Progressives Congress (APC), Magu said that he had never received any instruction to stop any investigation.

“I am not the type you’ll ask to stop any investigation”, Magu said.

The EFCC chairman said it had become fashionable for anyone being investigated for corruption by the Commission to scream political persecution.

“With the general elections fast approaching, the resistance has assumed even frightening dimension with political motives imputed to most of our activities,” he said.

According to Magu, the media owes Nigeria a duty not to allow the corrupt to deploy their ill-gotten riches to corner the machinery of government.

The EFCC chief, therefore, urged the media not to lend their platforms to helping the cause of the corrupt that were shedding crocodile tears.

“We must all do what is right for our country, which is ensuring that those who steal our common patrimony are brought to justice,” Magu said.

According to him, the EFCC has so far revealed only about 10 per cent of the monumental corruption perpetrated in the past and urged all security agencies to prioritize anti-graft fight.

“You have not seen anything yet, we have not even touched 10 per cent of corruption perpetrated in the past,” he said.

The EFCC boss said banks needed to strengthen internal control and urged the Central Bank to re-appraise regulatory and ethical conduct of banks in order to win the fight against corruption.

According to him, EFCC has signed memorandums of understanding with the United Arab Emirates and Mauritius in its efforts to recover looted assets.

He expressed concern at the state of seized assets which were rotting away at various locations across the country.

On assets recovery, Magu said EFCC had recovered a total of N106.5 billion, $1.63 million, 629,000 British Pounds and 25,575 Euros this year.

He expressed the hope that EFCC would surpass the record of 189 convictions achieved in 2017, going by over 158 convictions secured between January and August this year.

http://www.metronaija.ng/no-hiding-place-for-defecting-politicians-efcc/

Hilarious

And u released silver's 44 houses to him!!

That's for akpabio and oduaghan?

APC & EFCC are only fooling themselves.

Story for zombies dem

what about those already in the coven of APC?
the likes of fash, oshio, aregbe, fayems, Lawal, kyari & co?

EFcC running a protection racket like a maffia organisation

EFcC now APC enforcer

And this is an agency the sane worldwide with seemingly good intentions are funding, trying to bring up to the speed of world best practices and not any aware in the least that their funds are been sent down a drain of reckless witch hunting, with no iota of a marshal plan when truly fighting corruption is mentioned.

I shake my head in disgust.

Pavarottii:
That's for akpabio and oduaghan?

It's for every corrupt politicians

ivandragon:
what about those already in the coven of APC?

the likes of fash, oshio, aregbe, fayems, Lawal, kyari & co?

How many pdp corrupt politicians has Efcc successfully persecuted?

So far they've successfully prosecuted two Apc politicians.

Or are PDPs saints?

Keep quiet, you guys lost your identity under the hopeless man in Asorock

We are already used to the hypocrisy of this Government so need to bother us with these useless statements. Besides, EFCC is corrupt.

Check my signature if you need a professional website design without advanced payment.

Dino malaye and co .
You are in trouble

Empty trash. I can see how Obanikoro's case continued after he joined the party, same with Orji Uzor Kali and Akpabio

How real is this threat

All na talk

Time will tell.

yen yen yen yen yen yen yen yen
Na So!

APC now use effcc and police to tackle PDP wtf

ibra magu, pls bark and bite.

What about the hiding place called APC?

let us see those fat pig thieves in prison

EFCC itself is corrupt

Medicine after Death...the EFCC cant ever be able to redeem their lost image...EFCC=APC

story

hmmm

But why defecting from one party to another?