Monday , December 10 2018
Breaking News

We need Diezani back because UK failed to arraign her – Magu

The acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, says the EFCC is seeking the extradition of former Minister of Petroleum Resources, Diezani Alison-Madueke because the United Kingdom authorities have failed to take legal action against her despite being there since 2015.

Magu said this while briefing journalists on the activities of the EFCC in Abuja on Monday.

The acting EFCC boss said the commission was equipped to successfully prosecute the former minister who has been accused of mismanaging oil funds to the tune of $20bn.

When asked if her extradition to Nigeria would not affect her pending case in the UK, Magu said, “There is no court trial. She was being investigated even before I assumed office. So, it has taken so long and it is very unreasonable that she is not being tried there.

“So, we are tired of waiting and that was why I said if you cannot prosecute her, bring her and we will prosecute her. There is no prosecution going on in the UK.

“We are involved in the investigation in this country and outside the country including America and London. I have been there. We have worked and sat together. We cannot wait endlessly. I think three years and above is sufficient for you to take her to court. There is no court process against her in the UK. Nobody is prosecuting her there.”

– Punch

 

About Lanre Oyetade

A multiple award winner in Economics and business journalism, Lanre Oyetade has served close to two decades in the media industry, spanning different notable stables, where he is privileged to have risen to the position of a title editor. A masters degree holder in Economics from the University of Lagos and doctoral student at the Babcock University, he is a winner of the prestigious NMMA Capital Market Award for two consecutive years (2004 & 2005), and was also a nominee for the body’s banking and finance and money market awards for two years. In 2013, he also won the Most Outstanding Business-Reporting Title Editor award of the National Institute of Marketing of Nigeria (NIMN). A minister in the LORDS’s vineyard, he has been an inspirational speaker and resource person at many corporate and religious fora since early 2004, and has so far authored three books on the capital market; on personal effectiveness, and on personal finance, in 2008 and 2014, respectively.