Judgement on P&ID $8.9billion Gas Contract Is A Daylight Robbery – Magu

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into the circumstances leading to the $8.9billion arbitral award against Nigeria by a United Kingdom Court over alleged breach of gas contract agreement between it and Process and Industrial Development Limited.



This was disclosed by the acting Chairman of the EFCC, Ibrahim Magu on Friday while playing host to a delegation from the Nigerian Diaspora Commission (NDC), led by the Chairman and Chief Executive, Hon. Abike Dabiri-Erewa who sought for collaboration with EFCC towards effective combating of cybercrimes, being committed by Nigerians in the Diaspora.
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Magu, who described the process leading to the judgment as “daylight robbery” vowed that the Commission will forensically investigate the transaction and bring anyone one found wanting to justice.
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On her part, Dabiri-Erewa decried the rate at which Nigerians particularly the youth get involved in all manners of fraudulent activities in foreign countries, adding that more efforts should be geared towards the combating of the crimes.

“It is very embarrassing to know that out of 80 suspected fraudsters you find, 70 are actually Nigerians.
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“When things like these happen, they damage the image of the country,” she said.

While noting that the bad reputation of a few Nigerians who commit crimes are affecting the rest of the citizens, she urged the EFCC to tackle cyber crimes as effectively as it has been fighting the war against corruption.”We hope that the EFCC will reassure the world that we are fighting cyber crime,” she said.
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Magu, who also expressed his disappointment at the rising rate at which Nigerians embrace cybercrimes at home and abroad assured of his resolve to tackle the scourge of cybercrimes and to totally rid the country of them.

https://www.042hits.com/efcc-begins-investigation-into-uk-court-jugdement/

Magu the Mugu won't kill us with laughter.

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OK

Will this country still exist in say fifty years from now?
The kind of mulit-faceted troubles that are bedeviling Nigeria are such that are determined to make sure there won't be such a country as this in a few years from now. They are just attacking one nation from all fronts; economic issues, educational backwardness, political crises, tribalism, insurgency, crimes, just name them!
If Nigeria is unlucky to have another leader like Buhari to succeed him and take the country backward for another eight years, then fifty years would be too much for Nigeria to become a history!

This is a very good development......

Nigeria will be great again.

STEALING IS NOW CORRUPTION!!

U

Sing on, sing on, Magu, singgg. Foolish talk with no brain.

Magu the clown strikes again.

That a certain Tribe has specifically choosen to be the Criminals of Jewish race is a fact.
To them wealth is the utopia of life, if I no get money for this life, wetin I gain crew. Life is too short to live it on someone sweat. These developers are just too dangerous to be called Nigerians, let's give them Biafra, so that we can keep our peace.

EkunKekere:
Magu the Mugu won't kill us with laughter.

Are you not ashame of this your comment

Create jobs for graduates.....only policians are enjoying the wealth of this country.

No word.

post=81563045:
This is a very good development......

Nigeria will be great again.

STEALING IS NOW CORRUPTION!!

We know,
That is why Goje is now in Prison.
Orji Uzo Kalu, Oshiomole, etc all them dey prison now.

How is Magu's ignorant talk relative to diaspora activities?

kwaraption kwantinu

Yes, stealing that is not connected to the seat of power is now corruption.

EFCC and their archaic ways of investigations! How will they pull this one off ??

Forgive my ignorance..
How is Magu looking to achieve this..
What angles are to be examined..
His jurisdiction resides over non-committal on the part of the government to terms and reference of the MOU... which is irrelevant given the original ruling with recent addition of loan costs.

I'm a little confused over what counter-claim he can raise against due processes in the UK Justice system, if the topdogs in the MoJ have been unable to do so.. That's the only way to get out of this 9 billion hole!!


I remain to be enlightened.


.

Yawns...

You can bet your last naira note: nothing will come out of this.
EFCC doesn't even know exactly what to investigate. Perhaps they got tired of chasing after yahoo boys?
Useless lots.

Let it begin with late Rilwan Lukman who entered into the deal on behalf of the ruling cabal when Yar Adua was confirmed undead.

Hausaman:
That a certain Tribe has specifically choosen to be the Criminals of Jewish race is a fact.
To them wealth is the utopia of life, if I no get money for this life, wetin I gain crew. Life is too short to live it on someone sweat. These developers are just too dangerous to be called Nigerians, let's give them Biafra, so that we can keep our peace.

you need to join NCAN group to know what group belong to what crime,cos from ur statement you are a learner,

Not sure we want to be in the same country with ISIS and ISWAP either.
Once Biafra is granted, to your tents O Israel. All man go bear him papa name

Hausaman:
That a certain Tribe has specifically choosen to be the Criminals of Jewish race is a fact.
To them wealth is the utopia of life, if I no get money for this life, wetin I gain crew. Life is too short to live it on someone sweat. These developers are just too dangerous to be called Nigerians, let's give them Biafra, so that we can keep our peace.

The case wey court don rule over.......... Feeding the eagle, when it's dead ...........

Hausaman:
That a certain Tribe has specifically choosen to be the Criminals of Jewish race is a fact.
To them wealth is the utopia of life, if I no get money for this life, wetin I gain crew. Life is too short to live it on someone sweat. These developers are just too dangerous to be called Nigerians, let's give them Biafra, so that we can keep our peace.

Deep down if you were given the power to give Biafra to Igbos, you'll still come up with a barrage of excuses not to.
If illegal immigrants were important to Trump, he would have allowed them to stay.
Just like Nigeria won't allow them be free, even if they daint her image all over the world.
Nigeria needs Igbos more than they do.

My own is if they by mistake sell Nigeria due to poor assessment of contract before apending signature,
They should please sell to either USA or Canada..

Ok

JaysDreamLand:
Judgement on P&ID $8.9billion Gas Contract Is A Daylight Robbery – Magu

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into the circumstances leading to the $8.9billion arbitral award against Nigeria by a United Kingdom Court over alleged breach of gas contract agreement between it and Process and Industrial Development Limited.



This was disclosed by the acting Chairman of the EFCC, Ibrahim Magu on Friday while playing host to a delegation from the Nigerian Diaspora Commission (NDC), led by the Chairman and Chief Executive, Hon. Abike Dabiri-Erewa who sought for collaboration with EFCC towards effective combating of cybercrimes, being committed by Nigerians in the Diaspora.
.
.
Magu, who described the process leading to the judgment as “daylight robbery” vowed that the Commission will forensically investigate the transaction and bring anyone one found wanting to justice.
.
On her part, Dabiri-Erewa decried the rate at which Nigerians particularly the youth get involved in all manners of fraudulent activities in foreign countries, adding that more efforts should be geared towards the combating of the crimes.

“It is very embarrassing to know that out of 80 suspected fraudsters you find, 70 are actually Nigerians.
.
“When things like these happen, they damage the image of the country,” she said.

While noting that the bad reputation of a few Nigerians who commit crimes are affecting the rest of the citizens, she urged the EFCC to tackle cyber crimes as effectively as it has been fighting the war against corruption.”We hope that the EFCC will reassure the world that we are fighting cyber crime,” she said.
.
Magu, who also expressed his disappointment at the rising rate at which Nigerians embrace cybercrimes at home and abroad assured of his resolve to tackle the scourge of cybercrimes and to totally rid the country of them.

https://www.042hits.com/efcc-begins-investigation-into-uk-court-jugdement/

WE ARE HUNGRY IN NIGERIA AND OUR POLITICAL LEADERS IS MAKING US LOOSE THE LITTLE CRUMBS ON GROUNDS COURTESY OF A BRITISH COURT.

We suffered under Mrs Deziani, Mr Dan Etete AKA MALABU OIL.

Now another series of financial looses.