Skip to content
July 7, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

Watch Online
  • Home
  • National News
  • Assist us in removing obstacles in repatriating stolen assets abroad- Magu appeals to ILEA
  • National News

Assist us in removing obstacles in repatriating stolen assets abroad- Magu appeals to ILEA

Admin July 27, 2019

EFCC secured over 150 convictions in 7 months – Ibrahim Magu

The acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has decried the difficulties being experienced in the repatriation of stolen assets traced to foreign countries.

He appealed to the international law enforcement agencies, ILEA to assist the agency in this regard.

A statement by the commission’s Acting Spokesman, Mr Tony Orilade, in Abuja on Friday quoted Magu to have expressed the concern when Mr Joe Abah, Country Director of DAI Nigeria, visited him in his office.

DAI is an international development firm implementing programmes covering governance, in more than 100 countries worldwide.

According to Magu, the process of repatriating monies stashed abroad has been very frustrating and disappointing.

“Yet, we have done everything possible, gone out of our way to encourage our sister agencies, but cooperation is almost nil. We have been investigating a number of cases for over four years working with the Federal Bureau of Investigations, National Crimes Agency and even the Crown Prosecution Service”.

“We have done everything possible, gone out of our way to encourage our sister agencies, but except there is a third party involved there is no cooperation. We are willing to go outside this country to give evidence, and to share the intelligence that we have,” he said.

Magu, further said that President Muhammadu Buhari remained unwavering in his vision and mission of ensuring victory in the anti-corruption crusade.

“The next level in the corruption fight is promising, there is political will and we are going to be daring,” he said.

Earlier, Abah said that the visit was part of efforts aimed at supporting the anti-corruption crusade in Nigeria.

“We recognise the valuable work EFCC is doing to preventing, investigating, prosecuting and combating financial and economic crimes,” he said.(NAN)

Tags: EFCC FBI Ibrahim Magu Joe Abah Muhammadu Buhari Tony Orilade

Post navigation

Previous Court orders Shi’ites proscription, describes activities as “as acts of terrorism, illegality”
Next Police in Kano kill notorious armed robber, recover locally made pistol, live cartridges 

Related Stories

Ethical, balanced journalism essential to Northern Nigeria’s future – Minister Idris
  • National News

Ethical, balanced journalism essential to Northern Nigeria’s future – Minister Idris

July 6, 2026
NABTEB surpasses 100,000 registrations for Federal Technical Colleges Admission exercise
  • National News

NABTEB surpasses 100,000 registrations for Federal Technical Colleges Admission exercise

July 6, 2026
Two Nigerian, citizens killed as anti-migrant violence surged in South Africa
  • National News

Two Nigerian, citizens killed as anti-migrant violence surged in South Africa

July 6, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

The Ideological Chasm Between Obi and Umahi, by Valentine Obienyem
  • Commentaries

The Ideological Chasm Between Obi and Umahi, by Valentine Obienyem

July 6, 2026
Matawalle is right, Tinubu will sweep the north, by Jack Okude
  • Politics

Matawalle is right, Tinubu will sweep the north, by Jack Okude

July 6, 2026
Tinubu directs FCCPC to investigate Big Techs over alleged Nigeria media exploitation
  • Business & Economy

Tinubu directs FCCPC to investigate Big Techs over alleged Nigeria media exploitation

July 6, 2026
Shettima, Okonjo-Iweala, Lumumba, Brazilian, Chinese investors for Delta Summit
  • Business & Economy

Shettima, Okonjo-Iweala, Lumumba, Brazilian, Chinese investors for Delta Summit

July 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.