Magu tightens noose around money launderers

Posted by News Express | 4 February 2016 | 3,519 times

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Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, yesterday moved to tighten the noose around money launderers when he met with the Ambassador of the United Arab Emirates (UAE) to Nigeria, Mahmud Muhammad Al-Mahmud.

The meeting came barely two weeks after President Muhammadu Buhari signed a Mutual Legal Assistance agreement with the UAE authorities on the repatriation of stolen funds and extradition of indicted officials.

The EFCC boss during the meeting held in his office in Maitama, Abuja, called for the strengthening of the existing relationship between Nigeria and United Arab Emirate, UAE, with a view to effectively tackle corruption within the African continent.

“The fight against graft requires the collaborative support of all and sundry, most especially the international community for it to be won,” Magu said.

According to the EFCC boss, the present administration in the country is poised to recover the nation’s commonwealth looted and laundered in foreign countries by corrupt elements. He said the Commission has intelligence that the UAE is considered a safe haven by corrupt politically exposed persons in Nigeria.

“I have come to seek your support and cooperation just as we had in the case of Diepreye Solomon Peter Alamieyeseigha, James Ibori, among others, to get the mission accomplished,” Magu pleaded.

In his remarks, Ambassador Al-Mahmud pledged the support of his country to Nigeria’s anti graft war saying: “No country can be an island on its own without the support of others.”

•Photo shows Magu.

Source: News Express

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