In News by Oluwaseun Samuel on the 12th, July, 2020

Revealed! How Ibrahim Magu Used A Nigerian Pastor To Launder Funds Overseas

Revealed! How Ibrahim Magu Used A Nigerian Pastor To Launder Funds Abroad

Ibrahim Magu

Ibrahim Magu

The Presidential Committee on Audit of Recovered Property (PCARA) says Ibrahim Magu, suspended performing chairman of the Financial and Monetary Crimes Fee (EFCC), allegedly used a cleric to launder funds overseas, TheCable studies.

Magu is presently being interrogated by a panel headed by Ayo Salami, former president of the attraction courtroom.

He has been accused of not being clear in managing property recovered by the fee.

Within the report of the PCARA, which probed the federal authorities property recovered by the EFCC from Could 2015 to Could 2020, one Emmanuel Omale, a pastor at Hand of God Prophetic Ministry, was mentioned to have been utilized by Magu to launder funds.

Omale’s identify was reportedly uncovered throughout an investigation on EFCC’s actions by the Nigeria Monetary Intelligence Unit (NFIU).

In keeping with the report, the cleric purchased a landed property price N573 million in Dubai, United Arab Emirates, on behalf of Magu.

“One other particular person who helps in laundering funds for the Performing Chairman and who has been referred to in a number of petitions is one Pastor Emmanuel Omale (Hand of God Prophetic Ministry),”
the report learn.

“He’s reported to have travelled to Dubai with Mr Magu and his identify was utilized in buying property in Dubai for Mr Magu.

“As an unknown pastor, the NFIU’s report confirmed big motion of funds starting from N573,228,040.41.”

The report additionally lined the case of Diezani Alison-Madueke, former minister of petroleum.

PCARA accused Magu of failing to cooperate with authorities in the UK to facilitate efficient prosecution of the case.

“Within the Diezani Alison Madueke case, the Performing Chairman is failing to additional cooperate with the UK NCA to allow them cost the Former Minister to courtroom within the UK,”
the report learn.

“The Performing Chairman regardless of his data that Mrs Madueke is not going to be extradited to Nigeria till after her trial within the UK, has persistently been accusing the UK authorities on the pages of print and digital media of not eager to extradite her to Nigeria.”

Magu was additionally accused of intentionally refusing to supply documentary proof that might make the workplace of the attorney-general of the federation to start the extradition technique of Diezani.

“This has strained the EFCC relationship with Europe most strategic accomplice,’’
the report learn.

Magu, who’s being held in police custody in Abuja, is predicted to reappear earlier than the Salami probe panel on Monday, to defend himself towards a number of allegations.

READ ALSO:  Extra Woes For Magu As Police Seize His Bulletproof Autos, Seal Workplace

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