The Acting Chairman of the Economic and Financial Crimes Commission(EFCC),Mr. Ibrahim Magu has said the anti-graft agency will soon begin the probe of the nation’s oil and gas industry as part of the current anti-corruption war of the President Muhammadu Buhari-led administration. Magu said this in Abuja when he appeared before the House of Representatives Committee on Financial Crimes to defend the agency’s 2016 budget proposals.
In his presentation before the lawmakers on Monday, Magu said the roles of some principal officers in the former Goodluck Jonathan administration, including the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke; her counterpart in the Ministry of Finance, Dr. Ngozi Okonjo-Iweala; and an oil magnate, will be investigated. Shortly after Magu’s presentation, a member of the House of Reps. committee, Mr. Razak Atunwa, told newsmen that he(Magu) informed the committee that Alison-Madueke, Okonjo-Iweala and the oil baron will be investigated.
According to Atunwa, “The EFCC has recovered a lot of money for Nigeria and he (Magu) mentioned that in that regard, more sectors of the economy are likely to come under investigative activities. I said ‘will it include the petroleum sector’? He said, ‘yes’. And I said ‘would it include investigating the following people – Diezani Alison-Madueke, Okonjo-Iweala and a particular oil magnate’, and he said ‘yes’; those people are already under their investigative radar.”
