Anti-corruption and elections / EFCC

Over N1.3trn Stolen in Four Years by 32 Entities-Magu

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has disclosed that the money stolen by 32 entities (human and corporate) between 2011 and 2015, is well over N1.3 trillion. Magu disclosed this in his keynote address at the opening ceremony of the 2019 First Batch Conversion Training Programme to Procurement Cadre for Federal Parastatal and Agencies, organised by the Bureau of Public Procurement, BPP, in Lagos on Monday, March 25, 2019. Magu, in a paper delivered on his behalf by the Commission’s Secretary, Ola Olukoyede decried this huge financial loss on…