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Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times - Crime (3) - Nairaland

Nairaland ForumNairaland GeneralCrimeMagu: Report Says Interest On N550 Billion Re-Looted - Premium Times (23496 Views)

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Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by marv1: 8:41am On Jul 12, 2020
Kai chai ...

Is there still hope for this country ?
Why is Africa this corrupt and greedy ?
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by EmmaOgbu(m): 9:00am On Jul 12, 2020
#550b looted by one person.

People wicked.

Ex-petroleum minister go day one side day laugh Nigerians who trusted Magu
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by ccollins(m): 10:20am On Jul 12, 2020
Profprom:
This Maga has been scamming Nigeria and I am happy his years of scamming was shortened. Magu of all people who is supposed to be corruption free ends up being the oga kpatakpata of corruption. Is there still hope for this country to get better?
he is a police officer and most police officers are corrupt
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by kunkelhanspeter(m): 10:21am On Jul 12, 2020
Look at how dey are looting this zoo dry billion upon billion nobody is saying a word tomorrow some fool will say internet fraudsters are the only problem of this Zoo
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Nobody: 10:55am On Jul 12, 2020
PDP= loot
[color=#000000]APC[/color]= reloot
Others= take a bite through the window.
masses=stay outside and clap for the invaders
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by shiwex: 11:13am On Jul 12, 2020
For Buhari to keep insisting that Magu should head EFCC shows his sense of Judgement is really messed up.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Standing5(m): 11:22am On Jul 12, 2020
The crumbs of national cake is one man's jackpot. - Standing5.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Mantee(m): 11:37am On Jul 12, 2020
This story is not adding up. The amount in account is above the sum reported by N39B and interest was not included. Let us assumed that this is true.

When looted funds in bank are recovered or assets sold by EFFC do they transfer/deposit them into a bank account operated by EFFC or to CBN directly? If is in EFFC's account is it an interest yielding one? If yes how does the bank credit the account with interest earned? If the interest is not credited to the account the bank should explain how it is treated. That will explain how it is re-looted by EFFC officials and by extension Magu?

OR as claimed by EFFC all recovered loots are taken to CBN. Does CBN operates interest yielding account for EFFC? if yes how does CBN treat the interest account and how possible was it to be re-looted by officials of EFFC.

The panel should help us expose how the recovered loots are stolen to prevent future occurrence and not by just quoting figures on news media. And also we need to read Magu's responses to all allegations against him as well.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by dokie: 11:37am On Jul 12, 2020
Khalidase83:
Magu the mumu. He knew all these yet he was busy casting Malami Abubakar. When he wud have just simply given him his share of the loot and everyone goes home happy.
Thats all.

Malami's just couldn't bear seeing someone "chop alone" he had to spill. A couple of billions would have ensured has mouth remains closed.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Patrioticman007(m): 11:57am On Jul 12, 2020
dokie:
Thats all.

Malami's just couldn't bear seeing someone "chop alone" he had to spill. A couple of billions would have ensured has mouth remains closed.
That's Nigeria for you oooo.
Where are those shouting Islamazaition agenda !!!! Make una see Pastor & Magu doing colabo looting .
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Nobody: 12:04pm On Jul 12, 2020
I give up on this country. Damnit!
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by stankezzy: 12:09pm On Jul 12, 2020
come to Lagos d first thing a yoruba will say to an igbo man is that igbos too like money , this one that stole billions , we no no weather na igbo man or not,d one way de carry bullion van we no no weather na igbo man or not ,let Nigerians keep on decieving themselves and be calling igbo man mea while iut side world are laughing at our foolishness
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by sapientia(m): 12:25pm On Jul 12, 2020
The saint crime fight anointed by Buhari.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by frog12: 12:39pm On Jul 12, 2020
FOR those THAT do not UNDERSTAND. even though he underreported the numbers, THEY can NOW go and WITHDRAW the arrears from the CBN UNAWARES to the PRESIDENT. remember he UNDERREPORTED it, but the ARREARS in the bank can now be his OWN.

A nice TRICK that only fraudsters that WORK in finance industry use!

NICE WORK they caught him on this!
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by frog12: 12:48pm On Jul 12, 2020
FOR those THAT do not UNDERSTAND. even though he underreported the numbers, THEY can NOW go and WITHDRAW the arrears from the CBN UNAWARES to the PRESIDENT. remember he UNDERREPORTED it, but the ARREARS in the bank can now be his OWN.

A nice TRICK that only fraudsters that WORK in finance industry use!

NICE WORK they caught him on this!
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Greensquard(m): 3:05pm On Jul 12, 2020
Omoh Greed is always the downfall of a rich runsman,just imagine how much this bastard stole..even his entire lineage cant flex it all..know when to go legit..if u don thief upto 10billion from runs e never do u?must u chop from everywhere?this thing called greed is a very terrible spirit. Always know when to pullout and go legit #youngrichandhandsome
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by Andriodken:
Greensquard:
Omoh Greed is always the downfall of a rich runsman,just imagine how much this bastard stole..even his entire lineage cant flex it all..know when to go legit..if u don thief upto 10billion from runs e never do u?must u chop from everywhere?this thing called greed is a very terrible spirit. Always know when to pullout and go legit #youngrichandhandsome
Boss I greet u sir, boss its me ken,I had to open a new account to chat u up here sir aspa coding code sir.

Egbon pls u have not been replying my messages, I sent some yesterday pls I need an update of my software,it was misbehaving and slow on friday.

Godbless u sir I promise not to fail u,I cant wait to hit my target soon,its just about a month and im doing fine so far. Plssss sir reply me I saw u reading this thread pls sir I anticipate hearing from u sir.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by ajl: 4:43pm On Jul 12, 2020
AlabiJ:
Seems everyone that occupies efcc chairman seat gets disgraced out of office on some form of corruption related issues. From Ribadu to Lamorde, to Farida Waziri, and now Magu. That seat must be jinxed.
But Ribadu was never associated with fraud. He was forced out by Jonathan under pressure by Ibori. He was almost assassinated after leaving office.
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by maxibrainz02(m): 10:39pm On Jul 12, 2020
Mini importation have turned many Nigerians into millionaires.
Imagine buying women's designer bags for 5000 naira and selling for 25000 naira.
That's pure 20k profit on one product
Just selling 5 of that bag will give you 100k.
Some products are very easy to sell compared to others
Things around weight loss, health, women's beauty, fashion, electronics, gadgets sells very well in Nigeria
I remember selling a 10 naira pink lips balm for 2000 naira.
I don't need to tell you how hot this product is �
The profits in this business is too much.
I have decided to teach you the business of importation.
You will learn how to import products at a very low price and sell very high here in Nigeria
You will be exposed to hot products that sells like fire here in Nigeria.
You will learn how to even beat down the price more as you're negotiating with the seller (this secret alone is one thing nobody will dare tell you)
You will learn how to import your products down to Lagos and from Lagos down to your doorstep anywhere you are
You will also learn how to sell your products.
By the end of the class you will be the indaboski of alerts �
Promise me you will pay me tithe when you begin lick oil �
Now tell me how much you're willing to pay for this class.
30k?
20k?
10k?
But NO
I'm crashing it down to a discount price of 3000.
Yes 3000.
But this offer will last last for 24hours
I also have an offer for early birds (those that will pay before 7pm)
Early birds will pay 2500.
After 24hours everything will go back to 10k
The hot Product template alone is 30k not to talk of how to negotiate with the seller and beat down the prices more or is it the platforms that you can sell off your products with ease
Contact
080. 68. 15 29 51.
I will also give out my underground importation book i bought for 7k for FREE.
Secure your bag ASAP �
Re: Magu: Report Says Interest On N550 Billion Re-Looted - Premium Times by lowaist101: 7:35am On Jul 13, 2020
When they said we were fantastically corrupt, we got very angry!
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