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Ibrahim Magu probed over links with Kaduna-based Bureau De Change that has done transactions worth N336 billion, $435 million and 14 million Euros

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The Presidential panel investigating corruption allegations against the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has started probing his relationship with a Bureau De Change company based in Kaduna that has transacted business in the range of  N336 billion, $435 million and about 14 million Euros. 

Vanguard reports that the embattled boss of the antigraft agency is expected to respond to the discovery by the Nigerian Financial Intelligence Unit, NFIU, that he allegedly has connection with the said Bureau De Change.

A source within the presidential panel tod the publication 

“From the issues before the committee, there are two big issues concerning Bureau De Change being allegedly linked to Magu in Kaduna and that Bureau De Change has been discovered by the NFIU to have transacted business in the region of N336 billion, $435 million and about 14 million Euros.

There was another allegation against Magu that a relatively unknown Pastor in Lagos who was linked with Magu was discovered to have N573 million in his account. Also, there was a famous lawyer in Lagos, who took N28 million from the Bureau De Change.”

Meanwhile, unknown persons allegedly broke into the new office of the NFIU and destroyed computers containing certain vital and sensitive documents that could help in the investigation of the former EFCC boss.

According to reports, some officials of the NFIU had on Thursday, July 9 appeared before the Justice Ayo Salami panel investigating Magu to clarify certain grey areas especially as it relates to some accounts suspected to have been used to move money. The NFIU officials it was gathered told the panel that by their operational protocols and procedure, they don’t go about with such documents. The NFIU officials advised members of the panel to visit their office on Friday morning July 10 to see the documents they requested for.  

However, it was alleged that before the panel members got to the NFIU office on Friday morning July 10, some unknown person had broken into their office, went straight to the room where the documents were stored in the computers, and destroyed them all.

Recall that the NFIU was the agency that investigated all the allegations of financial malfeasance against Magu, in addition to the fact that the agency was only recently severed from the EFCC.

Magu appeared at the panel for the 5th day at about 10am. Sources at the venue, the Old Banquet Hall said Magu had developed running nose on Thursday, July 9 which prompted the invitation of some medical experts to attend to him. 

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Obasanjo congratulates Biden on winning the election

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Olusegun Obasanjo congratulated the president elect Joe Biden on his election win .

The previous president said Biden’s triumph additionally had a great impact globally . Obasanjo asked Biden to reestablish the qualities America is known for all around the world Obasanjo in an assertion acquired by Legit.ng on Saturday, November 7 portrayed Biden’s success as a triumph of good over evil.

He said the triumph of the Democratic up-and-comer isn’t only a success for the individuals of America alone, yet in addition a triumph for the vast majority of the world.

Credit: africanarguments.org

The previous president encouraged the duly elected president to reestablish trust in the part of America as an advertiser of world harmony, security, dependability, and progress.

He said:

I felicitate with Vice President-Elect Kamala Harris as the first female Vice-President of the U.S. We in Africa are proud of her success. The first African-American President of the U.S., Barrack Obama, has Kenyan DNA in him and I am reasonably sure that the first African-American female Vice President-Elect of the U.S. will have some Nigerian DNA in her as most of those taken to the Caribbean from Africa went from Nigeria of today.”

Then, the US president-elect, Joe Biden has vowed to be the president for all Americans if they decided in favor of him.

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International Criminal Court (ICC) to Probe into #EndSARS Extra-judicial killings

The ICC set to conduct preliminary examination with regards to the ongoing #EndSARS protests in the country.

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The ICC set to conduct preliminary examination with regards to the ongoing #EndSARS protests in the country.

According to BBC, ICC confirmed that the office of prosecutor has received information on alleged crime. In a statement they made it known that the focus of the preliminary examination is to “assess whether the legal criteria for opening an investigation under the Rome Statute are met”, and the findings of their will be made public.

The #EndSARS protests have seen no less than 50 deaths of the country’s citizens; at least 5 soldiers and 10 policemen have also been reported dead during massive 2-week protests which sadly came to a grand ending on the night of November 20th where peaceful #EndSARS protesters where gunned to death at the Lekki tollgate.

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Lagos Concession Company (LCC) Submits Footage of Lekki Shootings to Judicial Panel of Inquiry, Claims Cameras Were Not Tampered With

LCC claim the cameras tampered with were PTZ not CCTV cameras

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Administrators of the lekki tollgate in Lagos express, the Lekki Concession Company (LCC), state the camera at the toll gate quit working at 8pm on Tuesday, October 20, the day troopers purportedly started shooting at #EndSARS dissidents.

Abayomi Omomuwa, Managing Director of LCC, made the case while showing up before the Lagos State Judicial Panel Of Inquiry set up to test the Lekki shootings, just as objections of denials of basic liberties against individuals from the disbanded Special Anti-Robbery Squad (SARS).

Omomuwa, who submitted film from the day, additionally affirmed the cameras that were taken out presently before the shooting, were plate number acknowledgment cameras.

As per him, the other camera, a pan–tilt–zoom camera (PTZ camera) likewise exists is as yet unblemished.

We never under any circumstance altered the reconnaissance camera until about 8pm, when it was messed with and quit recording, Omomuwa made known.

He added that the fire episode at Ikoyi Bridge affected the CCTV cameras and it quit recording.

When asked to clarify for what valid reason the lights at the toll gate were killed, he demanded that the organization conformed to the time limit and requested that staff leave in adherence with the mandate of the state government.

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