EFCC Records 246 Convictions, Confirms N1.9b Forfeiture From Heritage Bank-Say Magu


The chairman of Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, said the commission recorded 246 court convictions of corrupt persons in the last 11 months.

He disclosed this at a stakeholders’ interactive meeting with the commission at its Lagos office on Tuesday, , Magu said that the commission had secured a number of temporary and permanent forfeiture of properties and various sums of money unlawfully acquired by persons of questionable character including the recent forfeiture of N1.9 billion from Heritage Bank.

On the alleged investigation of All Progressives Congress (APC) National Chairman, Mr Adams Oshiomhole, the EFCC boss said  it was based on petitions against him before he became chairman of ruling party.
“No doubt, the introduction of special courts to try persons for corruption cases has been a blessing to anti-graft agencies. No more unnecessary delay in trial and dispensation of justice,” he said.

On the 2019 general elections, Magu said that the commission would rise against the issue of vote-buying and urged the electorate to vote in leaders based on their programmes, “not those who will pervert the system’’.

“We will enforce the provision of the anti-money laundering law to the letter, no matter whose ox is gored.

“Some vested interests are already attacking us for our stand on the side of the law. Let us remind them that the law is no respecter of person.”

The anti-graft agency boss said that voter inducement portended grave danger to Nigeria’s fledgling democracy, adding that vote-buying was another manifestation of corruption that must be tackled.

On activities of fraudsters he said that more fight would be taken to their base and that consistent raid would be carried out on them.


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